Software and Solutions Provider for the Oil & Gas Industry Ranks 968 with Three-Year Revenue Growth of 459%
Westlake Village, CA. (August 13, 2015) – Seven Lakes Technologies, a leading developer of innovative enterprise software and solutions for the Oil & Gas industry, has been named one of the fastest-growing private companies in the U.S., according to Inc. Magazine’s annual Inc. 5000 list. Seven Lakes Technologies’ 459 percent three-year growth earned the company a ranking of 968 among the fastest growing private firms.
“We have enjoyed rapid growth at Seven Lakes. The oil and gas industry continues to demand improved efficiency to survive repeated price drops and our innovative technology has provided a superior solution that has had a significant impact on many companies,” explained CEO Shiva Rajagopalan. “I am very grateful for the work of my team, which has allowed us to respond to market demand and deliver such a transformational software technology to the oil and gas industry,” he added.
Seven Lakes Technologies was founded in 2009 when Mr. Rajagopalan noticed large technology gaps in the upstream oil & gas sector and was able to deliver software-based efficiency tools to various early customers. The company, which has since grown at a rapid pace, today has 28 clients and 60 employees spread across its four offices: Westlake Village, CA (HQ); Irvine, CA; Houston, TX and Bangalore, India.
The 2015 Inc. 5000, unveiled online at Inc.com is the most competitive crop in the list’s history. %. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” says Inc. President and Editor-In-Chief Eric Schurenberg. “You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.”
For more information, please visit: http://www.inc.com/profile/seven-lakes-technologies
About Seven Lakes Technologies
Seven Lakes Technologies is a vertically focused analytics & technology solutions firm offering products and services for the Upstream (E&P) Oil and Gas sector; focused on improving business drivers and enhancing execution of customer business strategies. Seven Lakes offers innovative product suites focused around Drilling & Completions, Production & Operations, Accounting and Data Management & Analytics. Seven Lakes Technologies is headquartered in Westlake Village, CA with offices in Houston, TX, Irvine, CA and Bangalore, India. For more information, please visit http://www.sevenlakes.com.
About the Inc. 500|5000
The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/5000.