Rank: 3 Revenue Growth: 1,190%
CoreCompete helps enterprises deliver value from big data initiatives. The firm helps clients accelerate their outcomes and innovate faster through the firm's big data managed services. CoreCompete helps them realize the promise of big data for their specific situations through its bespoke solutions that deliver rapid ROI. "Companies hire us to select the right analytics platforms, implement and manage these platforms and work with them on an on-going basis to deliver value from these platforms," says Shiva Kommareddi, Managing Partner of CoreCompete. "This soup-to-nuts capability and our investment in customer delight has helped us grow within our client organizations as a trusted and reliable partner." The firm's leadership team brings more than 200 years of experience in driving business value using Analytics & Technology and strives to attract the best talent and measure itself on its ability to create financial value for our clients. Consulting sat down with Kommareddi to discuss the firm's outstanding financial performance and No. 3 ranking.
Consulting: What were the main factors that contributed to your firm's exceptional growth?
Kommareddi: Most executives are trying to figure out how to deliver value from big data in their organization. The technologies are complex and varied, their applications are not clear, and talent is not readily available in the organization. We have been able to help organizations sort through this maze. With the tailwind of a fast growing market helping us, we focused on three basic ideas: creating customer delight; engaged employees; staying ahead on the technology curve.
Consulting: How is this year shaping up for your firm?
Kommareddi: We are set to grow by almost 80 percent this coming year.
Consulting: How would you describe your firm's outlook for 2018? Where do you see the most opportunities?
Kommareddi: We are very bullish on 2018. Our efforts in 2017 have led to our hiring of a seasoned management team. In 2018, we will increase our depth in financial services and accelerate our execution on our big data managed services.
Consulting: What would you say are your firm's biggest challenges in 2018?
Kommareddi: As a rapidly growing organization, it is critical that we pay close attention to the culture and the continued commitment to our values. Ensuring that we hire the individuals that are a right long-term fit for us is something that we need to continue to emphasize.
Consulting: What does being named one of Consulting's Fastest Growing Firms mean to your firm, your employees and your clients?
Kommareddi: We are honored to be recognized by a respected national magazine. This award is a validation to our clients and employees that we are doing the right thing and headed in the right direction. Employees can be confident that they have a bright future with CoreCompete.
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