Entrepreneur 360 Recognizes PADT as One of the Top Privately-Owned Businesses in America
TEMPE, Ariz. - Dec. 20, 2017 - PRLog -- Phoenix Analysis and Design Technologies (PADT), the Southwest's largest provider of simulation, product development, and 3D Printing services and products, was recently recognized as one of the "Best Entrepreneurial Companies in America" by Entrepreneur magazine's Entrepreneur360TM List. The list is a premier study delivering the most comprehensive analysis of private companies in America. Based on this study forged by Entrepreneur, PADT is recognized as a well-rounded company that has mastered a balance of impact, innovation, growth, and leadership.
"It's such an honor to be recognized, especially on a national level and by a publication dedicated to serving entrepreneurs," said Eric Miller, principal and co-founder of PADT. "Any time you win an award, it's humbling, and it's also a great opportunity to reflect on the hard work of our employees who've allowed us to accomplish all we've achieved. This not only recognizes how much PADT has grown, but it also highlights how strong Arizona's technology sector has become."
PADT has accomplished a great deal this past year. The company began 2017 partnering with Arizona State University, Concept Laser, and Honeywell to build the largest additive manufacturing center in the Southwest. Located at ASU, the Manufacturing Research and Innovation Hub holds over $2 million worth of plastic, polymers and 3D printing materials, and is home to one of just 22 ABET accredited manufacturing programs in the US.
Additionally, PADT worked with Lockheed Martin and Stratasys to develop a new additive manufacturing laboratory at Metro State University in Denver. This lab is the first-of-its-kind facility in Colorado focused on providing students with industry-access to equipment and faculty needed to develop the next generation of manufacturing tooling.
Other noteworthy highlights for PADT include its recognition as an ANSYS North American Channel Partner of the Year, becoming an ANSYS Certified Elite Channel Partner. The company also introduced new machinery and capabilities, such as a stereolithography system from UnionTech, metal 3D printing capabilities from Desktop metal and its partnership with Carbon to provide production part manufacturing to the Southwest.
Honorees were identified based on the results from a comprehensive study of independently- owned companies, using a proprietary algorithm and other advanced analytics. The algorithm was built on a balanced scorecard designed to measure four metrics reflecting major pillars of entrepreneurship—innovation, growth, leadership, and impact.
"Our annual evaluation is a 360-degree analysis of top privately-held companies representing and serving a variety of industries," explains Lisa Murray, Chief Insights Officer of Entrepreneur Media, Inc. "These businesses are real-world case studies for any entrepreneur who seeks to master the four pillars that can greatly impact the longevity and growth of their businesses. With the Entrepreneur 360, success is measured by achieving balance throughout the entire organization, predicated by revenue."
Since its founding in 1994, PADT has transformed from an operation of four people crammed in a one-person executive suite, to an industry leader with more than 80 employees and 750 customers. To learn more about PADT, visit padtinc.com or call 1-800-293-7238.
For additional details on the E360 List and the companies recognized, visit: entrepreneur.com/360
Phoenix Analysis and Design Technologies, Inc. (PADT) is an engineering product and services company that focuses on helping customers who develop physical products by providing Numerical Simulation, Product Development, and 3D Printing solutions. PADT's worldwide reputation for technical excellence and experienced staff is based on its proven record of building long-term win-win partnerships with vendors and customers. Since its establishment in 1994, companies have relied on PADT because "We Make Innovation Work." With over 80 employees, PADT services customers from its headquarters at the Arizona State University Research Park in Tempe, Arizona, and from offices in Torrance, California, Littleton, Colorado, Albuquerque, New Mexico, and Murray, Utah, as well as through staff members located around the country. More information on PADT can be found at www.PADTINC.com.
About Entrepreneur Media Inc.
For nearly 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration, and education read by millions of entrepreneurs and small business owners worldwide.
To learn more, visit entrepreneur.com.
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