SmartCEO recognizes CFN as one of Greater Washington’s fastest-growing companies
Herndon, VA – January 6, 2014 – CFN Services (https://www.apcela.com), a leading provider of global high-performance network and application delivery solutions, was honored today at the Washington SmartCEO Future 50 Awards ceremony. The Future 50 program recognizes 50 of the fastest-growing companies in the Greater Washington D.C. region, based on a three-year average of employee and revenue growth from 2010 to 2012.
“The companies we are honoring this year are growing in spite of the economic hardships we have all been facing. These companies are investing in themselves, investing in their people and rising above the rest. They deserve to be recognized and celebrated because they are moving the economy and the region forward,” says Craig Burris, founder, and CEO of SmartCEO. “We are proud to recognize them for their achievements and growth.”
CFN Services credits its strong growth to its leading position as a provider of managed services to global securities trading firms and financial institutions, achieving more than 50% market penetration in this segment in North America and 30% market penetration globally. Additionally, CFN has helped its enterprise clients transform their legacy WAN networks to deliver higher levels of performance, reliability, and scalability for new cloud architectures and distributed applications while driving networking cost reductions of more than 30%.
“We are honored to be recognized as one of the fastest-growing companies in the D.C. area for the second time,” says Mark Casey, President of CFN Services. “Our team’s innovation, entrepreneurial drive, and dedication to our clients has been critical in driving our growth and success. We’re proud to have earned a leading position in the markets we serve and remain focused on delivering market-leading solutions that enable the next generation of technology and business.”
In all, 50 mid-sized Future 50 companies, five small Emerging Growth companies, and five large Blue Chip companies were recognized in the program. The 2014 Future 50 winners collectively generate 33.7 billion in annual revenue and employ 13,719 individuals in the Greater Washington area. CFN Services was recognized with other leading D.C. area companies across the financial services, technology, healthcare and government markets, including GTT, Aptara, and TISTA Science and Technology Corporation.
Visit www.smartceo.com to view the digital edition of the January/February 2014 issue profiling this year’s honorees.
About CFN Services
CFN Services provides high-performance network and application delivery solutions for real-time, mission-critical applications. Leveraging FiberSource®, CFN’s global network optimization platform, the company deploys and manages low-latency networks, private cloud solutions and next-generation enterprise networks to cost-effectively improve application performance in distributed IT environments. CFN’s global cloud platform connects more than 70 leading data centers across North and South America, Europe and Asia. For more information, please visit: https://www.apcela.com.
SmartCEO’s mission is to educate and inspire the business community through its award-winning magazine, connections at C-level events and access to valuable online resources. SmartCEO’s integrated media platforms reach decision makers in the Baltimore, New York, Philadelphia and Washington, metropolitan areas.
Nearly 50,000 offensive-minded, growth-oriented CEOs turn to SmartCEO magazine to find ideas and inspiration to help them grow their businesses. Each issue includes behind-the-scenes looks at local success stories, columns written by key opinion leaders and other resources to help the region’s middle-market CEOs conquer the daily challenges of running a business. SmartCEO magazine is published on a bi-monthly basis with editions in four major markets: Baltimore SmartCEO, New York SmartCEO, Philadelphia SmartCEO and Washington SmartCEO.
About the Future 50 Awards
The Future 50 Awards program is the largest and most highly anticipated SmartCEO awards program of the year. This program recognizes 50 fast-growth, mid-sized companies in the region, five large Blue Chip companies, and five small Emerging Growth companies. These companies represent the future of the region’s economy and embody the entrepreneurial spirit critical for leadership and success. The winners, chosen based on a three-year average of employee and revenue growth, are listed alphabetically, not ranked. The winners are profiled in the January/February issue of SmartCEO magazine and celebrated at an awards reception in January.