Frederick, Maryland — Orases was recently recognized as one of the “Best Entrepreneurial Companies in America” by Entrepreneur magazine’s Entrepreneur360™ Performance Index, a premier study delivering the most comprehensive analysis of private companies in America. Based on this study forged by Entrepreneur, Orases is recognized as a company that exemplifies growth, not just in top and bottom line, but in sustainability and ability to achieve lasting success.
“The E360 Award truly reflects the contributions of the entire Orases team, I would like to extend my gratitude to each and every person at Orases for working hard every day allowing us to achieve our clients’ goals with the best in customer service,” said Nick Damoulakis, president of Orases.
“Those honored have identified a problem, come up with a unique solution, and bravely built their enterprises around it,” says Ryan Shea, president of Entrepreneur Media. “They’ve accomplished new ways of producing sustainable growth and are an inspiration to others who want to fulfill their own entrepreneurial goals.”
Orases is an award-winning interactive agency with a decade-long history of design and development excellence paired with client success. Since 2000, Orases has consistently delivered strong development and programming enhanced by world-class design and intuitive user interfaces. With quality first in every decision, the company has designed scores of high-end, software applications for clients across the U.S. and internationally — from Inventory Management and Grant Application Management to e-commerce and Case Management Solutions, Orases creates and supports custom software solutions that make the world more efficient.
Through in-depth surveys, the team of editors and researchers behind the E360 Performance Index collected more than 250 pieces of data from hundreds of participating U.S. based companies, focusing on growth drivers and challenges, goal setting, resource allocations, and reward systems. The analysis uncovered a subset of companies including Orases, whose continued success is largely based on superior value creation for their customers, building an adaptive learning culture, and aggressive geographic expansion—making them the most dynamic firms in America today.
According to research conducted by the Business Dynamics Research Consortium (BDRC), less than one percent of U.S. businesses expanded capacity three or more years out of the past five. On average, they grew by 41% over the period whereas all other surviving companies lost an average of 4%. Based on their analysis of 19.1 million for-profit US businesses, sustained growers are statistically more likely to survive and continue to grow over the next five years than any other group of businesses in the economy.
“The companies identified in the E360 Index are sustained growers, and based on our research, have proven adept at navigating the changing challenges of their marketplace to win new business and grow their output capacity year after year,” says Gary Kunkle, senior research fellow at the Business Dynamics Research Consortium and research partner of the E360 Performance Index.
For additional details on the E360 Performance Index and the companies recognized, visit Entrepreneur.