Colorado Companies to Watch: Spotlight on AppliedTrust
Snapshot: AppliedTrust provides information technology infrastructure, security and open-source consulting services to health-care, financial services, hospitality, recreation and government clients. Revenues increased 17 percent in 2011 and are projected to increase 16 percent this year.
Leadership: Trent Hein has been CEO since 2001, when the Boulder company
Work force: AppliedTrust had 26 full-time workers at year’s end in 2011 and expects to reach 29 this year.
Pivotal moment: “There is no other company exactly like us, and we don’t have any direct competitors,” AppliedTrust says. “Taking the bold step to not fit into the existing mold has been a giant key to our success today.”
Technological edge: AppliedTrust has consistently promoted and supported open-source software, such as the UNIX/Linux operating system. This has allowed clients to take advantage of new technologies more quickly and at lower cost than traditional proprietary-only software solutions.
Community: The company donates 2 percent or more of its pre-tax profits to nonprofits and also donates consulting time to the Humane Society of Boulder Valley and other organizations.