Every business owner or manager has a story to tell.
For the winners of Corp! magazine’s Economic Bright Spots awards, the tales typically involve successfully overcoming challenges or seizing opportunities.
Take Birmingham-based Goldfish Swim Schools, for example. Seeking the best path for expansion, its owners hit upon the idea of creating a franchise network, rather than building a chain of corporate-owned locations.
It’s that type of adaptability that has allowed Goldfish and other Economic Bright Spots award winners to continue to achieve economic growth and expansion. In fact, some of this year’s 60 honorees are repeat winners, eligible because they have demonstrated consistent growth.
This year’s winning companies were honored during a June 23 breakfast at the VisTaTech Center in Livonia.
Companies honored represent a wide array of industries from throughout the state, including food service.
Here are snapshots of each 2016 Economic Bright Spots winner.
Tech company NITS Solutions is experiencing a tremendous growth period, says founder Neetu Seth. “Our revenue is on pace to double this year over 2015, we’re hiring for more than a dozen positions, and we’re expanding our Novi headquarters in a project that will more than double our space,” Seth says. “We expect to continue that growth trajectory in the coming years as we explore new service offerings, like predictive analytics, and diversify our client base by moving into new industries like education, retail and health care.” Seth describes NITS as, above all, a data firm at heart that has a diverse team of experienced specialists who are true data engineers and possess a high level of analytical expertise, technical ingenuity and hands-on experience. “We don’t rely on plug-and-play solutions,” Seth says. “We build solutions directly based on the client’s needs.” The company’s growth has largely been organic through word-of-mouth and referrals — “a testament to our ability to exceed client expectations and help them improve their business operations and decision-making capabilities,” Seth says. “We were one of the first to leverage cloud-based solutions in order to better serve our clients, and we regularly keep a pulse on exciting new tech innovations that can improve our level of service.”
“We transform information into intelligence, potential into profits,” NITS Solutions proclaims on its website. “Whether you’re an automotive OEM, world-class health care provider or other information-dependent industry, NITS Solutions can unleash the power inside your data.” The firm uses advanced machine learning concepts, algorithms and next-gen big data technologies to help clients open new paths to profitability. For example, its expert analysis uncovers patterns and identifies correlations, and its data visualization offerings transform raw data into meaningful information.
Read the full article from Corp! Magazine here.