October 15, 2020 | Sandy, Utah
Romaric Automation Design is excited to announce that for the second time in a row, it has made the Inc.5000 list of fastest-growing private companies in America, coming in at No.3641.
“We’re on the list again this year, because we’ve worked together as a team to meet our mission: to improve the ability of our customers to meet the ever-growing throughput demands of an increasingly connected world,” said Romaric CEO Rory Gagon.
About Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million.
About Romaric Automation Design
Romaric provides world-class software products and integration services for factory automation in the semiconductor, retail, automated parking, solar, medical device and any other industry striving to take advantage of the vast throughput improvements made possible by automation and advanced scheduling and routing algorithms. Romaric specializes in providing the highest possible factory throughput in terms of material transport and management, while adjusting for a constantly changing environment.
With a specific focus on improved overall factory throughput via AI technology, Romaric has implemented over 60 instances of its product set based on the Romaric Automation Control Engine (“RACE”). A typical implementation includes integration to existing external systems and databases, as well as interfaces and controls for a variety of automated material handling systems (“AMHS”). This includes devices such as vehicle-based transport systems, conveyors, storage devices, overhead hoist transports (“OHT”), mobile robots and automated guided vehicles (“AGV”).
When replacing older versions of material control systems (“MCS”), Romaric typically realizes a 15-30% throughput improvement without requiring any additional, and very expensive, AMHS equipment.
Romaric continues to offer source code licensing partnerships for companies needing to develop automation controls, but not wanting to reinvent from scratch, thus saving years and millions of dollars on new development.
For more information: www.inc.com/inc5000/2020