SOURCE: Mu Sigma

Mu Sigma

September 21, 2011 10:05 ET

"Explosion of Data" Helps Decision Sciences Firm Mu Sigma Make Inc. 500 List for Second Consecutive Year

Mu Sigma Recognized as Among America's Fastest-Growing Private Companies

CHICAGO, IL--(Marketwire - Sep 21, 2011) - Mu Sigma (http://www.mu-sigma.com), the world's largest pure-play decision sciences company, announced today that once again it has been named to the Inc. 500 list of America's fastest growing private companies. This is Mu Sigma's second consecutive appearance on the elite list, which provides the most comprehensive look at the most important segment of the economy -- America's independent entrepreneurs. Companies such as Microsoft, Zappos, Intuit, Jamba Juice, Zipcar, Clif Bar, Vizio, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.

Mu Sigma made the list based on its 886% revenue growth for the period 2007-2010. The company's total revenue in 2010 was $41.5 million -- nearly double what it achieved in 2009.

"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," said Inc. magazine Editor Jane Berentson.

With over 1200 highly educated, experienced analysts, Mu Sigma is building the world's largest applied math lab. Mu Sigma helps Fortune 500 clients make better business decisions through the use of applied math, business and technology. The company solves high-impact business problems in a cost effective and sustainable manner by establishing dedicated centers of analytical expertise for its clients.

Mu Sigma's service-delivery model -- outsourcing the heavy analytics lifting to a team in Bangalore, while maintaining a US staff for client interaction and sales -- was recognized by Harvard Business Review as a "breakthrough idea," and is disrupting the traditional consulting industry model epitomized by large global management consulting firms.

"Every 18 months, the amount of data in the world doubles," said Dhiraj Rajaram, Founder & CEO, Mu Sigma. "We're proud of the role Mu Sigma is playing in helping companies make sense of this explosion of data so they can use it for competitive advantage, and very grateful to have earned a spot on the prestigious Inc. 500 list for another year."

Aside from making the 2011 Inc. 500 list, other recent milestones for Mu Sigma include:

  • Raising Series C financing of $25 million from Sequoia Capital in May 2011; and
  • Being ranked the No. 1 Knowledge Process Outsourcing (KPO) organization worldwide in Datamonitor's annual Black Book of Outsourcing (BBO) 2011 KPO Rankings, placing it ahead of industry players such as IBM, Genpact and Accenture.

Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 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 www.inc.com/500.

About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.

About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars -- the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 22-24, 2011, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2011 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.

About Mu Sigma
Mu Sigma is headquartered in Chicago, with its main delivery center in Bangalore, India, and is arguably the world's largest pure-play decision sciences and analytics services company. It is a leading provider of decision science and analytics services, helping companies institutionalize data-driven decision making, by integrating the disciplines of business, math, and technology in a sustainable global delivery model. Mu Sigma works with market-leading companies across multiple verticals, solving high-impact business problems in the areas of Marketing, Supply Chain and Risk Analytics. With over 40 Fortune 500 clients including Microsoft and Dell, Mu Sigma has disrupted the analytics industry by integrating the disciplines of business, math, and technology in a sustainable global delivery model. Further, analytical assets developed by Mu Sigma's innovation and development team ensure a competitive edge to clients.

Mu Sigma is a trademark of Mu Sigma Inc. in the United States and other countries. Any other trademarks contained herein are the property of their respective owners.

Contact Information

  • For information, contact:
    Kerry Metzdorf
    Plum Advisors
    +1 978-463-2575
    Email Contact