Triyam made the coveted 2023 Inc. 5000 list for a third straight year with a three-year revenue growth rate of 147%.
Lexington, Kentucky, August 21, 2023 – Triyam, the leading provider of legacy data management and archival solutions, announced that it ranked 3400 on the 2023 Inc. 5000. This esteemed list represents the fastest-growing private companies in America that have driven rapid revenue growth. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.
For the third consecutive year, the company with its impressive 147% revenue growth, landed on the Inc. 5000 list and was ranked 3400 in the nation. This achievement stands as a powerful testament to Triyam’s ongoing commitment to providing solutions of innovation and excellence in combating healthcare data archiving and management challenges.
“As we enter our third successive year on the esteemed Inc. 5000 list of the fastest-growing private companies in the U.S., the thrill and honor remain as fresh as ever,” said Luka Salamunic, CEO of Triyam. “I want to thank the entire Triyam team for their invaluable contributions that have brought us to this point. Our accomplishments thus far wouldn’t have been possible without each of them.”
Despite the economic landscape of 2019–22 being marked by inflationary pressure, rising costs of capital, and seemingly intractable hiring challenges, Triyam stood resilient throughout. Overcoming such obstacles, the company has sustained its growth trajectory by providing healthcare organizations with our cutting-edge data archival solution, ‘Fovea Archive,’ alongside legacy data management services.
Triyam’s ground-up SaaS solution, ‘Fovea,’ empowers healthcare and various other organizations to seamlessly archive their legacy data from their EHRs, EMRs, ERPs, financial systems, business systems, or any other systems into it. This streamlined process helps them decommission their multiple legacy systems, resulting in cost savings.
This aligns seamlessly with the ethos of the Inc. 5000 class of 2023, where companies’ rapid revenue growth underscores an innovative solution’s crucial role in driving economic expansion and adaptive evolution.
This year, the Inc. 5000 companies added 1,187,266 jobs to the economy over the past three years.
“Earning a spot on the Inc. 5000 list for three consecutive years serves as a remarkable testament to our accomplishments,” said Sudhakar Mohanraj, Founder and CTO of Triyam. “The growth percentage highlights our rapid expansion and reinforces the strong groundwork set by the previous year’s earnings. This metric vividly demonstrates the significant market opportunities within the archival realm, emphasizing our team’s skill in scaling up and achieving outstanding outcomes.”
“Running a business has only gotten harder since the end of the pandemic,” said Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth it requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
The complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, can be found on Inc.’s website.
Triyam is a leading provider of legacy data management solutions, specializing in healthcare data archiving and retention. Our data conversion and migration services enable healthcare and other organizations to freely transition between system vendors without losing historical patient data. This helps decommission legacy systems, reduce costs, and comply with state-mandated retention requirements.
About Inc. 5000 And Its Methodology
Inc., a prominent business-media brand, equips entrepreneurs with the knowledge, tools, connections, and community they need to build great companies. Since 1982, their proprietary Inc. 5000 list has produced and analyzed company data to rank the fastest-growing privately held businesses in the United States.
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generated revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. Growth rates used to determine company rankings were calculated to four decimal places. For more information, visit www.inc.com.