Award-winning Boston-headquartered agency grows
significantly over last four years in challenging business climate
impacted by pandemic to recession, providing on-demand AI, web, and
mobile app development for established brands and funded
start-ups
NEW
YORK, Aug. 13, 2024 /PRNewswire-PRWeb/ -- Inc.
revealed today that NineTwoThree Studio, an award-winning AI, web,
and mobile app product studio for established brands and funded
start-ups, has been named to the 2024 Inc. 5000, its annual list of
the fastest-growing private companies in America. NineTwoThree's
growth is marked by a commitment to delivering innovative solutions
as well as its in-depth specialized knowledge harnessed by the
firm's product design, marketing, and engineering team building 14
internal startups and 75 clients to one
billion dollars. The team leverages a proven playbook that
is 12-plus years in the making to work for each and every new
project across industries.
We look forward to continuing to grow and
contribute to the innovation economy to move our industry forward.
--Andrew Amann, NineTwoThree
The prestigious Inc. 5000 ranking provides a data-driven look at
the most successful companies within the economy's most dynamic
segment—its independent, entrepreneurial businesses. Microsoft,
Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and
many other household-name brands gained their first national
exposure as honorees on the Inc. 5000.
NineTwoThree Team Commemorates Inc. 5000 Fourth Year Honor By
Reflecting on Resilient Profit-Driving Business Model
"We are grateful to be named for the fourth year in a row to the
Inc. 5000 list," said Andrew Amann,
CEO and Co-Founder at NineTwoThree. "It was an honor to first
receive our Inc. 5000 ranking back in 2021, when we were able to
power through the pandemic year by staying relentlessly focused on
building knowledge in specialized areas like AI and other emerging
technology breakthroughs by investing our resources into our core
team members' expertise. Four years later, we are proud of our
teams and the clients who have worked with us to have achieved this
milestone yet again. We look forward to continuing to grow and
contribute to the innovation economy to move our industry
forward."
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.
The NineTwoThree team helps established brands iterate like
startups and startups scale like established brands. Partnering
with industry leaders and visionary entrepreneurs, the agency
focuses on profit producing applications that are a delight to use.
They leverage this transformation through the power of agile
methodology, design thinking and impeccable engineering to help
clients rapidly identify and validate new products.
"A key element to our successful growth strategy is taking the
same approach to building our company as we do to building our
clients' products. Since we get involved with so many great
business leaders and learn about their systems, we adapt them to
improve our own company. So while we build products for our
clients, we learn how to build a company for ourselves," said
Amann.
NineTwoThree operates in a progress-metrics environment,
continuously iterating to improve results over the last four years
with strategic support through the structure of the Entrepreneurial
Operating System (EOS) and tapping top tier expert advice. The
approach to their design thinking and product output has resulted
in their teams continuously outperforming in-house teams and other
agencies. As an agency, NineTwoThree's founders set long term goals
and track and measure everything.
"We practice what we call the 'Full Transparency Development',
where we share absolutely everything with our clients: successes
and challenges, while sharing revenue numbers and goals with our
employees. Some of the key metrics in recent years include the fact
that we hit 26/27 of our fixed cost estimates in 2022 and 24/27 in
2023," said Pavel Kirillov, CTO and
Co-Founder at NineTwoThree. "We also fund our team's knowledge
expansion to build experts at the ground level by investing in high
performance engineering culture, operational excellence and
ensuring employees have access to learning resources our company
includes in our operational budget: from books and expert lectures,
to courses and conferences. As leaders, our goal is not only to
drive performance, but to develop leaders in our team at every
level."
With an operating motto of "better software, faster", the
NineTwoThree team has received numerous industry recognitions,
including being awarded the 2024 top 50 AI firms in the US by the
prestigious industry list 50Pros, alongside the consulting of
Microsoft, NVIDIA and IBM. It is also reviewed prominently and
globally ranked as the top AI agency, Top Chatbot Agency, #1 AI
Agency in the US, Top Machine Learning Agency and Top AI Consulting
Agency on the B2B review site Clutch.co.
About NineTwoThree Studio
NineTwoThree is an award-winning AI, web, and mobile product
studio for established brands and funded start-ups. As a product
design, engineering, and marketing firm, they've successfully
launched over 150 projects. Their proven playbook has helped
companies such as Consumer Reports, Experian and Simplisafe. Learn
more at NineTwoThree.co.
Media Contact
Kathy Berardi, NineTwoThree
Studio, 1 6786444122, kathy@berardipr.com,
https://www.ninetwothree.co/
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SOURCE NineTwoThree Studio