IPS Technology Services quadruples revenue in last year
The Great Recession hit IPS Technology Services hard, winnowing its revenues to frightening levels in 2009. But that sort of challenge only set up the Troy-based IT firm for a comeback bigger than the company's leadership could ever imagine. The 10-year-old firm tripled its revenues within two years. Then it quadrupled that number, putting it solidly into seven-figure territory. The company also hired eight people over the last year, expanding its business to 25 employees. "We got a couple of huge contracts and some big clients we won over," says Pradip Sengupta, president & CEO of IPS Technology Services. The company also expanded into staffing, sending new employees to other companies in the IT and engineering fields. It is also growing its work in the mobile sector and handling more clients in healthcare. "We are poised for growth because mobile is one of the biggest things out there," Sengupta says. Source: Pradip Sengupta, president & CEO of IPS Technology Services Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
The Great Recession hit IPS Technology Services hard, winnowing its revenues to frightening levels in 2009. But that sort of challenge only set up the Troy-based IT firm for a comeback bigger than the company’s leadership could ever imagine.
The 10-year-old firm tripled its revenues within two years. Then it quadrupled that number, putting it solidly into seven-figure territory. The company also hired eight people over the last year, expanding its business to 25 employees.
“We got a couple of huge contracts and some big clients we won over,” says Pradip Sengupta, president & CEO of IPS Technology Services.
The company also expanded into staffing, sending new employees to other companies in the IT and engineering fields. It is also growing its work in the mobile sector and handling more clients in healthcare.
“We are poised for growth because mobile is one of the biggest things out there,” Sengupta says.
Source: Pradip Sengupta, president & CEO of IPS Technology Services
Writer: Jon Zemke
Read more about Metro Detroit’s growing entrepreneurial ecosystem at SEMichiganStartup.com.
Related Articles
Metro Detroit Death Doulas Want You to Talk about Death
Death Doulas in Metro Detroit are working to change how people approach the end of life — with less fear and more understanding. It can be a tough sell in a culture that largely avoids talking about death, but with the right support and guidance, these non-medical advocates promise life’s final chapter can be rich and rewarding.
Partner Partner Content Protecting the Future: Macomb County’s Commitment to Children’s Mental Health
Whether it’s early intervention or trauma-informed care, supporting our community’s youngest is a collective responsibility.
True community mental health: How one county’s CMH board ensures care is relevant
Alice Kelsey shares why she serves and how citizen boards help CMHs provide better care to county residents.
