RONKONKOMA, N.Y.--(EON: Enhanced Online News)--Intelligent Product Solutions (www.intelligentproductsolutions.com), a leading product design and engineering consultancy that pioneered an end-to-end product development model of integrating the full spectrum of industrial design and engineering services as a single source, has been recognized by Crain’s as one of the New York area’s 50 fastest growing companies.
“Our unique end-to-end approach to product development – inclusive of all the capabilities needed to realize successful products from ideation through execution – has helped our clients bridge the gaps between concept and the marketplace, and has been a key to our rapid, organic growth in the industry”
With three-year growth of over 400%, IPS ranked 21st in the annual review by Crain’s New York of privately held or publicly traded companies with the largest percentages of revenue growth.
The industrial design and engineering consulting company specializes in discovering opportunities then ‘productizing’ them into user-centric consumer and industrial products and software applications.
“Our unique end-to-end approach to product development – inclusive of all the capabilities needed to realize successful products from ideation through execution – has helped our clients bridge the gaps between concept and the marketplace, and has been a key to our rapid, organic growth in the industry,” Mitch Maiman, President and CEO, and Co-Founder of the firm. “As our clients continue to bring us new challenges that require sophisticated, market-focused solutions we will continue to innovate and grow.”
“This recognition is a reflection of the value our clients have found in our talented and customer-focused engineers, designers, project managers and support staff, who have delivered a pioneering approach to product development. We are a highly valued asset transforming emerging and state-of-the-art technologies into successful, user-focused products,” said Executive Vice President and Co-Founder Paul Severino.
IPS is headquartered in Ronkonkoma, NY (Long Island) and has regional offices in New Jersey and South Carolina. The company has rapidly and consistently grown from a start-up in 2008 of three to a professional staff of over 100 in New York with revenue exceeding $13 million.
Founded by two former Symbol Technologies executives IPS offers a pioneering business model that integrates the complete set of design and engineering services all in one company eliminating the client challenges of assembling and managing a disparate team of service providers. This approach provides a seamless transition between development phases involving a multi-functional team enhancing speed-to-market.
IPS’ fully-integrated capabilities include industrial design, electrical, mechanical and systems engineering, optical engineering, software and firmware engineering, user experience/interface design (UX/UI), program management and marketing. Its clients are leading brands in consumer electronics, medical devices, enterprise solution providers, defense contractors, and start-ups with emerging technologies, and include Motorola, L3 Communications, Danaher and PepsiCo.
Link to listing: http://www.crainsnewyork.com/gallery/20131006/FEATURES/926009999/21