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ARCOS earns place on Inc. 5000 list for sixth time

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ARCOS

For the sixth time, Inc. magazine has named ARCOS® LLC to the Inc. 5000. This year, ARCOS ranked No. 3,319 on the list. ARCOS delivers SaaS solutions that continually report on the location and status of equipment and crews via mobile technology for utilities and other critical infrastructure industries like airlines and manufacturers. According to Inc. staff, “In the history of the Inc. 5000, only two percent of companies have made the list six times.”

“We’re on this year’s Inc. 5000 list, in part, because we’ve worked as a team to continually improve the way managers of utilities, manufacturing facilities and airlines keep their operations running,” said ARCOS CEO Bruce Duff. “The software solutions we’ve developed automate many of the manual, behind-the-scenes processes that:  restore electric, water or gas service; staff manufacturing lines; and get planes and their crews back in the sky.”

“The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent,” wrote Inc. magazine in a press release. Inc. Editor-in-Chief Scott Omelianuk said, “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. The minimum revenue required for 2019 is $2 million. The 2020 Inc. 5000 list, including company profiles and an interactive database, is at http://www.inc.com/inc5000.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

 

About ARCOS LLC

ARCOS is a leader in delivering SaaS solutions for managing resources, ensuring accurate, compliant shift scheduling and automatically planning for all types of events. The ARCOS solution reports on the up-to-the-minute location and status of equipment and crews via mobile technology for utilities and other critical infrastructure like airlines, manufacturers and industrial facilities. The ARCOS resource management platform helps organizations save time and money, while improving customer satisfaction and the efficiency, safety and accuracy of operations. Learn about ARCOS resource management software at http://www.arcos-inc.com.

Discussions

Jim Stack's picture
Jim Stack on Aug 21, 2020 2:15 pm GMT

Nice honor but their stock prices doesn't look too good. Is there more to the company that 500% growth each year?  Looks like it's part of McDonalds....

 

https://www.google.com/search?q=stock+ticker+arcos+inc&rlz=1C1CHBF_en&oq=stock+ticker+arcos+inc&aqs=chrome..69i57.10204j0j7&sourceid=chrome&ie=UTF-8

 

Arcos Dorados Holdings Inc. is a McDonald's franchisee. The Company, through its wholly owned and majority owned subsidiaries, operates and franchises McDonald's restaurants in the food service industry. The Company manages its business as distinct geographic segments and its operations are divided into four geographical divisions: the Brazil; the Caribbean division, consisting of Aruba, Curacao, Colombia, French Guyana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay. The company was founded in 2007 and is based in Buenos Aires, Argentina.

Matt Chester's picture
Matt Chester on Aug 21, 2020 4:17 pm GMT

Jim-- this is ARCOS LLC, the software company: https://www.arcos-inc.com/

They are completely separate from Arcos Dorados Holdings that you cited

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