IT consulting and engineering firm Advanced Network Management is preparing for a July bash to inaugurate its new 40,000-square-foot building in the north I-25 industrial corridor.
The company reports spectacular growth since 2014, earning it second place on this year’s Flying 40 list of fast-growing technology firms with above $10 million in revenue. ANM shattered that $10 million ceiling over the past five years, growing its revenue 518 percent from $10 million in 2014 to $109 million in 2018.
It’s workforce expanded from 28 to nearly 200 in the same period. And its footprint is creeping across the nation, with regional offices now in four other states: Arizona, Colorado, Idaho and Texas.
About half of ANM’s employees remain in Albuquerque, where the company is based, said ANM co-owner and CEO Raminder Mann. About $1 million in Local Economic Development Act assistance helped ANM acquire its new $5.5 million office, which offers a huge expansion in space from the 12,000-square-foot office it currently occupies.