Nexus IT has been named in the 2024 Inc. 5000 that recognizes fast growing companies. The Salt Lake City IT services company came in at No. 2146 overall, No. 18 in Salt Lake City, and No. 128 in IT Services in 2024.
Salt Lake City, Utah, August 25, 2024
Nexus IT recently received recognition by Inc magazine. The Salt Lake City-based IT company came in at number 2146 on the 2024 Inc. 5000, an annual list of the fastest-growing private companies in America, according to the magazine's ranking methodology.
Founded in 1998 in Park City, Utah, Nexus IT services small to medium businesses and enterprise sectors with either fully outsourced IT departments and cybersecurity departments or with augmented departments and resources that already have internal resources.
See past TechBuzz coverage of Nexus IT here. Note: the company was previously known as Nexus IT Consultants.
“For Nexus IT to be recognized by Inc. 5000 for the third year in a row is a remarkable achievement and a true reflection of our team's hard work and dedication. It’s a true testament of our commitment to pushing boundaries, delivering exceptional service, and continually evolving to meet the needs of our clients. This recognition is not just a milestone but a motivation to keep driving forward as we continue to set new standards in the IT industry,” said Earl
Foote, Founder & CEO of Nexus IT, pictured above center.
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, visit www.inc.com/inc5000.
The list of companies featured on this Inc.com 5000 list hit newsstands on Tuesday, August 20, 2024.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief.
He continued, “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
