n Fantastic 50 An attentive ear Staffing and recruiting firm focuses on understanding clients’ needs


million to $900 million range. “Some of those are federal contractors,” Mayur says. Sometimes a small company


finds it difficult to focus on recruit- ment after it wins a large federal con- tract, Mayur says. “We can support any company like that once they have a contract in their hands,” he says. Cynet recently began offering its


services to the health-care industry as a way to diversify its customer base. “This year we will focus on health care,” Mayur says. “That will help us go to the next level.” The industry, however, does


Snigdha Budhiraja and Ashwani Mayur started Cynet Systems Inc. in 2010.


by Joan Tupponce I


HIGHEST REVENUE GROWTH


Cynet Systems Inc. Ashburn


cynetsystems.com


n the past five years, staffing firm Cynet Systems Inc. has placed about 1,500 people in industries


ranging from information technology to banking. Five hundred of those placements occurred in 2015 alone, says Ashwani Mayur, the company’s co-CEO. Mayur and Snigdha Budhiraja,


who is president and co-CEO, started the company in 2010 after seeing a need for recruiting high- performing employees in the staffing industry. “With over 6,000 staffing organizations to choose from, Cynet Systems originated with a deep desire to be qualitatively different,” says Mayur. The Ashburn-based company


is now one of the leading staffing and recruiting firms in the Washington, D.C., area. Its revenue grew 7,388.69 percent from 2011 to 2014, making it the fastest-growing company in the Fantastic 50 this year. In 2015, the company’s revenue nearly doubled to $31.5 million. “Our growth and success over


the last five years is a testament to the spirit of our people,” Mayur says. “We believe we have the best staffing professionals in the industry, who in turn recruit the best.” The company now has 450


employees and consultants in North America, including 10 at its


50 MAY 2016


Ashburn headquarters. Another 100 employees perform back-office duties in India. “The number of employees is very deceptive,” Mayur notes, however. “It includes our billable contractors.” Mayur attributes Cynet’s


rapid growth to its emphasis on understanding clients’ needs. “For our staffing agency, it is a requirement to listen to the client carefully. We have to figure out exactly what they are looking for and give that information to our recruiters to find the right person [for the job],” Mayur says. “We don’t send a lot of people to the client. We only send a select few. Understanding the client and the client’s mindset helped us.” Cynet provides permanent,


temporary and contract-to-hire staffing in the United States and Canada. Clients range from small government contractors to Fortune 500 companies. More than 50 percent of the


company’s customers are companies with revenue of more than $1 bil- lion, such as HCL America, an IT consulting firm; India-based Larsen & Toubro, a technology, engineering and construction conglomerate; and Century Link, a communications and IT services firm. The company also works with


companies with revenues in the $10


pose some challenges for Cynet. Health-care companies often need permanent and temporary workers in small communities as well as major cities. “It’s hard to find people to work as a contractor and go to a small town for a short-term contract,” Mayur says. In developing a qualified appli-


cant pool, the company uses a variety of ways to recruit contractors, includ- ing the website Monster.com and social media outlets such as Twitter. “We send more than 50 contractors to clients on a monthly basis,” Mayur says. “When I’m looking for contrac- tors, I might have between 800 to 1,000 people contact me.” Cynet focuses on diversity in


its clients and employees. “We will continue our hiring efforts and focus on diversity hiring, making opportu- nities for our veterans, military and disadvantaged,” he says. “We will also have a greater vis-


ibility in local college and university recruitment,” he adds. “Our technical experts hope to converse with local schools and provide expertise on job market demands and supply, thereby giving students an insight into the job world and guiding them on courses.” Cynet never forgets that it is


a service-oriented company. “Our results depend heavily on the satis- faction of our customers in the qual- ity of our service, delivery, agility and business acumen,” Mayur says. “Our customer focus is strongly embedded into the DNA of every employee at Cynet Systems.”


Photos by Mark Rhodes


50 FANTASTI C


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72