Svitla Systems enters the list of 50 Fastest-Growing Women-Owned Companies 2021
Svitla Systems is proud to announce its recognition in the recently published list of TOP 50 Fastest-Growing Women-Owned and -Led Companies, announced by the Women Presidents' Organization (WPO). The WPO is the premier peer advisory organization connecting women who own multi-million-dollar companies.
For Svitla Systems this is the second recognition, previously owned in 2020. As a WBENC (Women’s Business Enterprise National Council) certified company, Svitla Systems takes great pride in being repeatedly included in the list of the most successful companies, led by exceptional women who are redefining their industries and driving global economic growth.
The companies of the 2021 year span a range of industries from software development consultancy and development to consumer products and STEM-related fields. From January to December of 2020, the 50 Fastest generated a combined $4.1 billion in revenue and collectively employed more than 24,000 people.
More about this year's 50 Fastest:
- 74% started with their own funds
- 66% do business globally and another 18% plan to go global in the future
- 76% do business with Fortune 1,000 companies
- 76% delivered new product or service lines as part of their growth strategy in response to the COVID pandemic
To qualify for the ranking, businesses were required to be privately held, woman-owned or -led, and must have reached annual revenues of at least $500,000 in each of the past five years. All eligible companies were ranked according to a sales growth formula that combines percentage and absolute growth. The top 50 were selected for the list.
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