Revenue increases have become par for the course for IPS Technology Services since its launch in 2009.
Back then the Troy-based tech firm had revenues in the five figures. Those have risen sharply each year since. Revenues crossed into six figures within three years and into seven figures within four years.
"Now the challenge is to maintain it," says Pradip Sengupta, president of
IPS Technology Services.
IPS Technology Services works primarily in technology spaces, such as software, IT and staffing. It has made significant gains in sending new employees to other companies in the IT and engineering fields. That has allowed the company to hire five people over the last year in IT, business analysts, and software development. It currently has a staff of 30 employees and is looking to hire three more in software development right now.
"We try to hire the best," Sengupta says.
Sengupta credits the company's rise to its ability to deliver on its services and please its customers. He expects that philosophy to carry the company's growth trajection this year.
"We would love to cross the $2 million mark," Sengupta says. "Our goal is $2.5 million. We want to hit $20 million in 2020."
Source: Pradip Sengupta, president of IPS Technology Services
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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