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IT Staffing is the Biggest Winner in Staffing Industry Analysts’ List of Fastest Growing Companies

Mountain View, Calif. – July 10, 2012 - Staffing Industry Analysts, the leading global advisor on contingent work, released its annual list of fastest growing staffing companies today. IT staffing companies garnered seven out of the top 10 spots.

According to Jon Osborne, vice president of research and editorial, Staffing Industry Analysts, “IT staffing companies regularly lead our fastest growing staffing list due to the niche services they provide to the market.” Mr. Osborne went on to say, “as an example, if a company needs Ruby on Rails programmers, and an IT staffing company happens to have a stable of Ruby on Rails programmers, then they will be in the money. Ruby on Rails programmers are one of the hottest commodities out there.”

Market growth is also fueling the leaders; Staffing Industry Analysts predicts that the IT staffing market will grow 14% in 2012 as compared to the general temporary staffing market, which the company predicts will grow 10% in 2012.

The five fastest growing staffing companies are:

Company Compound Annual Growth Rate
(2007-2011)
PrimeSkill Staffing Services 79.2%
Principle Solutions Group 70.9%
Agile Resources Inc. 65%
B2B Staffing Services Inc 51.9%
Rose International Inc. 49.5%

Another important point made in the report is that 72 staffing firms posted compound annual revenue growth of 15% or more, compared to only 42 last year.

About Staffing Industry Analysts
Staffing Industry Analysts is the global advisor on contingent work. Known for its independent and objective insights, the company's proprietary research, award-winning content, data, support tools, publications and executive conferences provide a competitive edge to decision-makers who supply and buy temporary staffing. In addition to temporary staffing, Staffing Industry Analysts also covers related staffing sectors. Founded in 1989, acquired by Crain Communications Inc in 2008, the company is headquartered in Mountain View, California, with offices in London, England.

Media Contact
Hinda Chalew, Sr. VP Marketing & Interactive Services, Staffing Industry Analysts, hchalew@staffingindustry.com, 650-390-6197

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