Executives from Stratos, a Seattle, WA-based engineering services firm, are celebrating 25 years helping world-class companies bring cutting-edge technologies to market. The company is currently undergoing an office expansion and hiring boom and, combined with a robust project portfolio, is positioning for additional growth now and well into the future.
“The vision for Stratos 25 years ago was to create a company that would serve as an engine for innovation and product commercialization,” states Allan Stephan, Stratos founder and CEO. “Today, we have successfully realized that vision with three simple principles: respect, empowerment, and retaining the finest minds. Our business philosophy and expertise has led the world’s foremost companies to invest more than $125 million in Stratos’ capabilities which, in turn, has led to billions of dollars in revenue for our clients.”
Stratos attributes much of its growth to the evolving healthcare and technology markets, of which the company has a long-standing presence in each. As these industries experience the increased demand to bring, rapidly, new, viable technology to market, Stratos’ growth is keeping pace. Since the most recent economic crisis in 2008, the company has prospered and doubled its size.
“Stratos offers an unmatched blend of technical skills, depth of experience and proven development processes to address the current needs of the healthcare and technology sectors,” states Sean MacLeod, Stratos president. “With Seattle as the epi-center for global health, a major center for biotechnology and home to leading technology companies, Stratos is able to offer the intelligence and know-how sought by the rest of the world.”
Silicon Valley, often considered the “tech hub” of the world, consistently turns to Stratos to develop major products. In fact, a majority of the company’s clientele is from the Bay area in California. Stratos’ work with Redwood, Calif.-based Proteus Digital Health is an example of the growing healthcare/technology convergence: think consumer product meets wireless software meets medical device. Expectations are for the wearable, wireless technology market to generate a minimum of $6 billion by 2016.
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