For the fifth consecutive year, projekt202 was recognized as one of the 100 fastest-growing privately-held companies in Dallas-Fort Worth.
projekt202 was named to the top 40 on the distinguished Dallas 100, marking a strong 39-spot leap over last year's position. The 2016 rankings were revealed at an awards gala on Tuesday, Nov. 29, at the Omni Dallas Hotel.
The Caruth Institute for Entrepreneurship at Southern Methodist University’s Cox School of Business annually compiles the elite roster of 100 North Texas companies. To qualify, companies must meet a variety of criteria based on sales, location, credit report, character and more. Dallas 100 award winners are then chosen solely on increased sales growth.
Co-founded by the Caruth Institute in 1990, the Dallas 100 celebrates the vitality and entrepreneurial spirit of the North Texas business community.
According to the Caruth Institute, "Companies honored in 2016 have made significant contributions to the area by generating jobs, increasing the tax base and fostering North Texas' reputation as a premier economic development center."
A leading designer and developer of software applications, projekt202 uses its unique, observation-based methodology to help businesses deliver improved digital experiences to their customers and users.
The approach is paying off. projekt202 has seen significant growth during its five consecutive years on the Dallas 100. In the past three years alone, projekt202's revenue has increased 214%. Along with its deep client roster -- industry leaders Neiman Marcus, Mercedes-Benz Financial Services, Capital One and The Container Store, among many others -- projekt202's Dallas staff has increased to more than 100 team members.
In addition, projekt202 recently announced the expansion of its North Texas headquarters to accommodate continuing client and staff growth. With additional offices in Austin and Seattle, projekt202 harnesses the strengths and talents of more than 150 researchers, designers, developers and digital marketing strategists.
projekt202’s solid commitment to the Dallas-Fort Worth Metroplex is a strategic investment. According to a 2016 Forbes article, Dallas-Fort Worth is the second fastest-growing metro area in the United States, with more than 10,000 company headquarters, the largest concentration in the nation, benefiting from the robust business climate.
As projekt202 CEO and Chairman David Lancashire noted in an interview with the Dallas Morning News, the strength of the North Texas tech industry is fueling great opportunities for companies throughout the region.
In fact, companies in the Dallas 100 created more than 10,000 jobs over the last two years and generated nearly $8 billion over the past three years.