iDevices Named One Of The “Best Entrepreneurial Companies In America” By Entrepreneur Magazine
Avon, Conn. – October 29, 2015 – iDevices® 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, iDevices is recognized as a company that exemplifies growth, not just in the top and bottom line, but also in sustainability and ability to achieve lasting success.
After hearing the news of this recognition iDevices CEO Chris Allen said, “We are honored to be considered one of the top entrepreneurial companies in the country by the foremost authority on the matter, Entrepreneur Magazine. As the company’s CEO and Founder, both my team and I strive each day to keep that entrepreneurial spirit alive in every aspect of our work here at iDevices. We believe it’s that spirit that gives us a competitive edge over other companies in the IoT marketplace.”
“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.”
iDevices was founded in 2009 with the launch of the iGrill®, the world's first app-enabled product, and from there has grown into an industry leader and market influencer within the IoT space. Today, iDevices stands as a preeminent brand in the connected home industry with a growing line of HomeKit™-enabled products currently on the market and available in Lowe’s® stores nationwide. The company will be announcing new additions to its connected home line at the Consumer Electronics Show 2016 in Las Vegas.
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 iDevices, 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 the their analysis of 19.1 million for-profit U.S. 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
iDevices is a preeminent brand in the connected home industry. iDevices aims to seamlessly connect users to their worlds with responsive products that enhance everyday life. Through the unique collaboration of its in-house team, iDevices is able to create products that are intelligent at their core. For more information, see iDevicesinc.com.
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For additional details on the E360 Performance Index and the companies recognized, visit: http://entm.ag/E360Index
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