Edgeium is proud to announce its inclusion in the 2024 Inc. 5000 list, ranking No. 2840 among the fastest-growing private companies in America. This prestigious recognition is a testament to Edgeium’s 178% growth over the past three years, reflecting the company’s commitment to customer-first service and innovative solutions in the network infrastructure industry.
A Customer-First Foundation
Edgeium was founded with a clear mission: to bring back a customer-first service and sales methodology to the market. After years of working for a large, process-driven organization that prioritized internal initiatives over customer experience, the founders of Edgeium—Eric Sommers and Joe Curletti—recognized the need for change.
They saw an opportunity to create a company that put the customer's objectives first, offering vendor-agnostic solutions tailored to specific project needs and budgets. With nearly 50 years of combined industry experience, Eric and Joe launched Edgeium nearly six years ago, just as the world was grappling with the onset of the pandemic.
Their deep knowledge of the secondary market (or free market) allowed them to offer the best solutions for customers based on their organizational goals, specific project needs, and budget. Unlike many in the industry, Edgeium was able to leverage its expertise to operate outside of traditional OEM channels, providing greater flexibility and more options for customers.
Edgeium’s value proposition is built on three primary pillars: lower pricing, immediate product availability, and more product options. By maintaining an inventory of nearly $80 million, Edgeium has been able to ship products the same day, even during supply chain disruptions.
The company’s ability to offer previous-generation platforms no longer available through traditional channels has provided customers with more options to maintain, support, and grow their networks. This agility and commitment to customer needs have been crucial to Edgeium’s sustained growth.
Driving Growth Through Innovative Solutions
A significant contributor to Edgeium’s growth has been its alternative to OEM maintenance: CovrEDGE. Annual maintenance renewals can be both confusing and costly, particularly for large enterprises. CovrEDGE was developed to address these challenges head-on, offering a more streamlined and cost-effective solution.
In many organizations, a substantial portion—around 65%—of the network infrastructure falls within a segment that, while essential, doesn’t typically encounter complex issues. This segment often carries the heaviest financial burden when it comes to annual maintenance renewals. By focusing on this area, CovrEDGE isolates the largest segment of an enterprise’s estate, where Edgeium can make the most significant impact on cost reduction.
On average, CovrEDGE has been able to reduce an organization’s annual renewal costs by 55%, delivering substantial savings without compromising network performance. Over the past three years, Edgeium has added nearly 21,000 assets to CovrEDGE, helping clients manage their networks more efficiently and affordably.
This focus on simplifying maintenance and reducing costs has played a crucial role in Edgeium’s rapid growth and success.
Overcoming Challenges with Strategy and Flexibility
The past few years have presented significant challenges, particularly in supply chain management. However, Edgeium’s strategic flexibility and deep industry knowledge have enabled the company to navigate these obstacles successfully.
By maintaining a large inventory and leveraging expertise in network devices, Edgeium has been able to offer creative solutions, such as substituting similar-functioning hardware when necessary, ensuring that customers’ projects remained on track. This ability to adapt and innovate in the face of challenges has been a cornerstone of Edgeium’s success.
The Core Values That Drive Edgeium
Edgeium’s growth and success are also rooted in its strong company culture, built on three core values: Do the Right Thing, Teamwork & Trust, and Have a Passion for Winning. These principles guide every decision and action at Edgeium, ensuring that the company remains focused on delivering the best possible outcomes for its customers.
Recognizing Our Customers' Impact
Edgeium’s journey to the Inc. 5000 is not just about the company’s achievements—it’s also a reflection of the trust and loyalty of its customers. As Eric and Joe both emphasize, the company owes much of its success to its incredible customers. Their feedback and support have been instrumental in pushing Edgeium to innovate, improve, and consistently deliver exceptional value.
The Inc. 5000: A Milestone in Edgeium's Growth
Being recognized on the Inc. 5000 list is a significant milestone for Edgeium. This honor places the company among an elite group of businesses that have managed to thrive despite the many challenges of the past few years.
But why should this matter to Edgeium’s customers? For networking engineers, CIOs, and other IT professionals, Edgeium’s inclusion in the Inc. 5000 list is a clear indication of the company’s stability, growth, and continued commitment to delivering top-notch IT solutions. It signals that Edgeium is a reliable partner capable of navigating complex challenges while consistently providing value-driven services.
You can view Edgeium’s profile on the Inc. 5000 here, where the company’s commitment to delivering cost-effective, innovative IT solutions is highlighted.
What’s Next for Edgeium?
Looking ahead, Edgeium is focused on customer acquisition as the primary driver of continued growth. With more customers, the company plans to expand its range of products and services, hire top-tier talent, and leverage its resources to meet the evolving needs of its clients.
Ready to Strengthen Your Network?
As Edgeium continues to grow, its commitment to helping customers build stronger, more resilient networks remains unwavering. Contact us today to learn how Edgeium can support your next project with top-quality hardware, affordable maintenance solutions, and expert guidance.
