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 toplay a bigger role.
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