Gongos Experiences 12% Organic Revenue Growth in 2013
Company Financials Illustrate 70% Revenue and Staff Growth Since 2009
AUBURN HILLS, MI – January 30, 2014 – Gongos, Inc., the newly named parent company of Gongos Research and O2 Integrated welcomes organic growth, both in revenues and talent expansion. According to president & CEO Camille Nicita, the company experienced 12% revenue growth in 2013 and its full-time employee roster rose 15%. Upon the close of its 2013 fiscal year, Gongos charted 70% five-year revenue growth and matched with 70% in full-time employee expansion.
“This news is rooted in our ability to maintain a growth cadence through the Great Recession and building on that,” said Nicita. “By leveraging our core competencies, we are creating new forms of value for client organizations beyond traditional market research. And that opens the door to opportunities for our company, and our people.”
Gongos’ expansion stems from its clients’ strong investment in research and innovation, and an acknowledgment that the customer story must influence decision-making. Its five-year growth was largely tied to four sectors. Within the financial industry, Gongos’ revenues grew by 130%. Its automotive business—largely OEM research and development—increased by 120%, while its consumer products (CPG) and health care work increased by 94% and 54%, respectively.
In addition to the company’s staff expansion, retention was at a five-year high at 94%, a noted distinction as the company navigated its first fiscal year under the leadership of Nicita. Like Nicita, 17% of its staff has worked for the company for ten or more years, illustrative of employee loyalty and the foundation for building client loyalty.
“Beyond cultivating new talent growth, tenure and mentorship, we are committed to nurturing our culture and core values,” added Nicita. “We are only as good as our ability to attract and retain top talent, which aligns with our vision of people achieving their best while helping redefine an industry.”
Gongos’ approach to decision intelligence supports Global 1000 companies. The company offers clients multiple levels of engagement to address their ongoing business challenges: custom research, data integration and insight curation. Serving industries in the b-to-c space, Gongos combines innovative and foundational approaches to primary research and market intelligence
Gongos Research, the company’s primary research division, partners with corporate research and insights teams on initiatives spanning the entire product and marketing life cycle. O2 Integrated, its data integration consultancy, harmonizes enterprise and research knowledge through consultative relationships.
Gongos works with organizations such as Coca-Cola, Visa, Johnson & Johnson, GM and Fiat Chrysler Automobiles. In 2007, the company was first named to the Inc. 5000 list of “The Fastest Growing Companies in America,” was a 2010 finalist in Inc. magazine’s Winning Workplaces, and is among the Honomichl Top 50 U.S. marketing research organizations. Gongos is a WBENC recognized company. For further insight into the Gongos culture, visit gongos.com.