For the second consecutive time in two years, XCEL Solutions Corporation of Matawan, New Jersey was recognized in the list of 50 fastest growing companies in New Jersey by NJBiz Magazine. Every year, the highly influential business magazine NJBiz releases the list of 50 fastest growing companies in New Jersey. This year, XCEL Corp has achieved the unique distinction of being featured on the list for the second consecutive time.
After receiving the award, spokesperson of XCEL Corp was extremely excited saying, “It is a proud moment for all of us at XCEL Corp.” The organization which was first featured in the list in 2008, made tremendous progress and even moved up a few places in the listing from the previous year.
The list is created after analyzing hundreds of companies that are nominated depending on their dollar growth in the past 3 years. The company which has achieved the highest dollar growth is featured on the top of the list and the rest follow depending on the scale of growth. XCEL Corp’s improvement in the rankings in the second year shows the diligence the company has demonstrated towards growth even under demanding financial circumstances.
Founded in 1999, XCEL Corp today has grown into a truly global IT solutions provider. Expanding not just on revenue and dollar growth, XCEL Corp has also expanded its services across 20 different industrial verticals. The organization now provides its services to some of the largest enterprises in the world including several Fortune 500 and Inc 500 companies.