Inc. Magazine’s unveils ranking of Europe’s fastest-growing private companies

Istanbul-TURKEY- September, 2016 –  Inc. magazine ranked on the 2016 Inc. 5000 list of fastest growing private company in Europe over the past three years.

The Inc. 5000 Europe represents the only comprehensive look at what may be the most dynamic segment of the world’s economy: fast-growing private companies. Companies such as Microsoft, Zappos, Clif Bar, Intuit, Chobani, Zipcar, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.

“We’re honored to be included in the 2016 Inc. 5000 list. Our success is directly attributed to our focus on improving subscriber experience worldwide. Our expertise which span over a decade combined with our commercially available product portfolio and services enable global Mobile Network Operators (MNOs) to improve their network quality, subscriber experience, and increase profitability.” said Başar Akpınar, CEO of P.I. Works.

The 2016 Inc. 5000 Europe list, unveiled on, includes infographics and an interactive database that can be sorted by industry, region, and other criteria. It serves as a unique report card on the European economy: despite the sluggish economic climate, aggregate revenue among the companies on the list actually increased to €110 billion, up from €40 billion in 2011, with an average three-year growth rate of 226%.

This year’s list also offers rare insight into which industries fared the best during a difficult stretch for Europe’s economy. With average growth rates of over 227% percent, Security and Telecommunications ranked as the fastest-growing industries, followed by Education, at 220%. Manufacturing is the top industry by total revenue (€15.4 billion), and Advertising & Marketing companies claimed 4 of the top ten spots.

“In Europe as in the U.S., entrepreneurs are the wellspring of innovation, daring and growth,” says Inc. President and Editor-In-Chief Eric Schurenberg. “We are proud to recognize the Inc. 5000 Europe for their ingenuity, creativity, and tenacity—qualities that have always united entrepreneurs around the world.

About P.I. Works 
P.I. Works (Performance Improvement Works), is a leading provider of next-generation Radio Access Networks (RAN) management solutions. P.I. Works’ expertise in RAN optimization which spans over a decade combined with commercially available product portfolio and managed services enable global Mobile Network Operators (MNOs) to improve their network quality, subscriber experience, and increase their profitability.

P.I. Works has deployed solutions to 38 operators in 27 countries. P.I. Works also plays an important role in driving ETSI 3rd Generation Partnership Project (3GPP) SON (Self Organizing Networks) standards.

About Inc. and the Inc. 5000
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders.  Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 11,000,000 today. 

The Inc. 5000 is a list of the fastest-growing private companies in the U.S. Started Now in its 35th year, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, free-flowing networking, and evening functions.

About P.I. Works

P.I. Works is the leading provider of AI-driven mobile network planning, management and optimization solutions. P.I. Works combines field-proven expertise with its award-winning product portfolio and services. These solutions empower Mobile Operators to accelerate network transformation, improve network quality and reduce network management costs on the way to 5G. P.I. Works has deployed its solutions at 70 mobile operators across 48 countries. P.I. Works also plays an important role in the development of key standards that define the future of mobile networks. We actively contribute to the ETSI, GTI, 3GPP standardization forum and Open Source initiatives.


P.I. Works - Istanbul Teknopark,
Sanayi Mah. Teknopark Bul.
No:1/9C 34906 Pendik/Istanbul
T: + 90 216 265 1123
F: + 90 216 912 1099

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