When faced with the decision to follow the dot com craze of the late ‘90s or stick to his engineering roots, one CEO made the tough choice that, today, landed his rapidly growing company on the Inc. 5000 list of the country’s fastest-growing privately held companies.
Imran Akram, NuAxis Innovations’ CEO, founded the company with his wife in 2002. He took the plunge into entrepreneurship when the company he was working for decided to shift away from services and focus on products, leaving Akram’s client, the United States National Park Service (NPS), in need of a replacement service provider.
“I, of course, had no idea that the dot com bubble would burst. I just knew that the NPS and Department of Interior still needed the services I provided as an engineer, so I made the decision to follow that path,” said Akram. “The NPS and I had built a very strong relationship over the years and they wanted to continue working with me, so I decided to set up a company to continue supporting them.”
NuAxis started with just Akram and his wife working with just one agency. Within 3 years, he had 30 employees. Today, 15 years after he founded NuAxis Innovations, the company continues to serve NPS, but now also holds sizeable prime contracts with other federal agencies (including the departments of Interior and Labor) and has grown to more than 350 employees in 22 states.
Exemplifying that growth is the honor the company has received today: Inc. Magazine ranked NuAxis Innovations NO. 2,641 on its 36th annual Inc. 5000 List, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.
“We are so excited to be recognized for our growth and achievements with inclusion on this prestigious list,” said Akram. “NuAxis has been expanding rapidly over the past few years and we look forward to continuing on this path while helping government agencies solve their IT challenges.”
The annual Inc. 5000 event honoring all the companies on the list will be held from October 18 through 20, 2016 in San Antonio. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow and many other well-known names gained early exposure as members of the Inc. 5000.
About NuAxis Innovations
NuAxis Innovations is a solution-driven IT infrastructure support contractor for the federal government. As a leading IT partner with proven success in large agencies – including the Department of the Interior (DOI) and the Department of Labor (DOL) – NuAxis delivers value and expertise. The company was founded in 2002 by a team of passionate technologists and now has more than 350 employees across 22 states. With 95 percent of revenue coming from contract prime work, NuAxis is an established prime contractor adept at providing continuity of operations and robust risk management and allocates resources for each contract that align with the agency’s specific requirements instead of imposing a one-size-fits-all mindset. NuAxis Innovations is composed of the highest-caliber employees and is continually expanding its portfolio of IT infrastructure support services.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today. For more information, visit www.inc.com.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.