The 2014 Seven Small Jewels: Zanett

Founded in 1999, Zanett has evolved from a startup into a $50 million technology services industry firm.

| March 04, 2014

Zanett Founded in 1999, Zanett has evolved from a startup into a $50 million technology services industry firm. What's driven that rapid rise for the New York-based IT firm? It's pretty simple—healthcare. In just the past three years, Zanett has gone from about $4 million in healthcare services to more than $30 million in 2013.

"In 2014, I think we'll see healthcare continuing to grow at a faster pace than the other industries we're active in, says Vince Vickers, Senior Vice President of Zanett. "There's just been such a flurry of activity in that area. There were so many burning platforms in terms of regulation and a lot of that money had to be spent, and it was in the areas where we specialize."

Currently, healthcare accounts for about 60 to 65 percent of Zanett's overall revenue. "This year, for sure, we'll still be riding that wave," he says. But in 2015, a lot of those regulatory deadlines will start to be completed. So next year and beyond, Vickers says he expects healthcare will level out and the other industries start to
play a bigger role.

To continue reading, become an ALM digital reader

Benefits include:

  • Complimentary access to Consulting Magazine Online and digital edition
  • Bi-monthly digital newsletter delivered to your inbox
  • 1 free article* every 30 days to Consulting Magazine's sister publications
  • Exclusive discounts on events and publications produced by ALM

You Might Like

Bain & Company Forms Partnership with Ashling Partners

Bain & Company Forms Partnership with Ashling Partners

Partnership to provide leading automation consulting and implementation capabilities to meet automation boom Bain & Company has announced a strategic…

Terms of UsePrivacy Policy

Copyright © 2024 ALM Global, LLC. All Rights Reserved.