Compute North Ranks No. 16 on Inc. Magazine's List of the Mi...| MENAFN.COM

Sunday, 27 November 2022 09:41 GMT

Compute North Ranks No. 16 on Inc. Magazine's List of the Midwest Region's Fastest-Growing Private Companies'


(MENAFN- PR Newswire)

EDEN PRAIRIE, Minn., March 16, 2022 /PRNewswire/ -- Inc. magazine today revealed that Compute North is No. 16 on its third annual Inc. 5000 Regionals Midwest list, the most prestigious ranking of the fastest-growing private companies based in Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota, and Wisconsin. Compute North is the leader in sustainable, large-scale computing infrastructure. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest region economy's most dynamic segment–its independent small businesses.

'We are proud of the work our team has accomplished over the past two years that led to this prestigious acknowledgement from Inc. magazine,' said Dave Perrill, CEO and Co-founder at Compute North. 'Our TIER 0™ data centers optimize cost to solve for highly specialized computing with greater flexibility, while providing load stability to local power grids. As a leading developer and operator of sustainable data centers, leveraging a modular design allows us to scale quickly to meet growing customer demand.'

The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2018 and 2020, these 144 private companies had an average growth rate of 147% percent and, in 2020 alone, they added 19,821 jobs and nearly $11.7 billion to the Midwest region's economy. Companies based in the Chicago, Illinois; Noblesville, Indiana; and Overland Park, Kansas, areas had the highest growth rate overall.

Complete results of the Inc. 5000 Regionals Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/midwest starting March 15, 2022.

'This year's Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America's off-the-charts growth companies. They're disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you'll be hearing about for years to come,' says Scott Omelianuk, editor-in-chief of Inc.

About Compute North

Compute North is the leader in TIER 0™ data centers, focused on delivering the most sustainable, cost-effective computing in the world. The company provides efficient, highly scalable infrastructure for clients in the blockchain, cryptocurrency mining and the distributed computing space. With operations across the United States, Compute North brings a unique combination of data center, energy, and technology expertise to meet the growing demand for purpose-built infrastructure solutions for highly specialized computing needs. For additional information, please visit .

Contact:

Compute North[email protected]

More about Inc. and the Inc. 5000 Regionals Methodology

The 2022 Inc. 5000 Regional are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

About Inc. Media

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.

The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit .

SOURCE Compute North

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