Revenue Growth: 264%
HQ: Fargo, ND
Infinite Leap is a healthcare consultant and system integrator for real-time technologies and delivers end-to-end services, from solution design and business planning to deployment, training, 24/7 support and managed services. "We have helped healthcare systems successfully implement over 100 unique use cases, including Patient Flow, Asset Management, and Wayfinding," says Mark Rheault, Founder and CEO. Rheault sat down with Consulting to discuss.
Consulting: What were the main factors that contributed to your firm's exceptional growth?
Rheault: Our rate of growth is a result of building the largest collective knowledge and experience with real-time technologies in the healthcare vertical. We made a point of keeping our focus narrow enough so we could be the 'best in the world' in our niche. Now in our seventh year, we have become the de facto experts in our market and have implemented the most advanced deployments of location-enabled technologies in the world. The results we've achieved have allowed our customers to justify the continued investment and expansion of their systems using the growing breadth of services we provide.
Consulting: How is this year shaping up for your firm?
Rheault: 2018 has been another year of dynamic growth for Infinite Leap. Our market recognition, as experts in real-time technologies, allowed us to grow our client portfolio, as well as expand the level of consulting and managed services engagements within our existing clients. We are also launching cloud-based versions of our own software, as well as bundling components to offer both packaged services and packaged solutions, which make our offerings easier to communicate and sell.
Consulting: How would you describe your firm's outlook for 2019?
Rheault: We will continue to expand our enterprise deployments, consulting, and technology-enabled service offerings, as well as launch several new packaged services and solutions that can we can sell direct and through distribution partners. This will allow us to achieve greater per client revenues and significantly increase our client base. The market recognition and recommendations provided by our existing client base are providing the necessary fuel for significant growth.
Consulting: What would you say are your firm's biggest challenges?
Rheault: The challenges are not new, but they are greater in scope as we continue our rapid growth. The three key challenges that we are working hard to address are: (1) expanding our market reach by leveraging partnerships, (2) ensuring that our internal systems and processes are highly scalable, and (3) developing and launching solutions that are faster to implement and require a smaller level of initial investment for our clients to get started.
Consulting: What does being named one of Consulting's Fastest Growing Firms mean to your firm, your employees and your clients?
Rheault: Our team feels incredibly honored to be named one of the Fastest Growing Firms. It affirms our belief that a company doesn't have to raise a bunch of money and be overly flashy to grow quickly—it can be done by consistently practicing sound business principles, putting the client's success above all else, recognizing failure is a necessary byproduct of bold innovation, and nurturing a culture with shared vision and values.
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