DEVsource Technology Solutions

5.0★★★★★(215 reviews)

310 S 4th St, Murray, KY 42071

Murray, Kentucky, United States

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Business facts

Estimated annual revenue~$5.9M
Estimated employees~11
Estimated wage bill~$873.5K
In business since2001
Estimate based on strong signals

Area statistics (42071)

Population30,254
Median household income$46,304
Source: US Census ACS

About

DEVsource Technology Solutions is a locally-owned computer IT outsourcing company offering a FREE 2 HOUR SUPPORT VISIT for small businesses with 10+ computers. Founded in 2001, they specialize in networking, VoIP phones, network security, cloud services, data backup solutions, disaster recovery, and wireless technology. DEVsource is a certified partner with Datto, Cisco Meraki, Dell, and Microsoft, and offers 24-hour tech support, remote support, and dedicated service coordinators. With a commitment to putting an end to I.T. worries, DEVsource serves the Murray, Paducah, and Benton areas.

💳
Credit Cards
Cash, Yes
🅿️
Parking
Parking Lot, Yes
💰
Price
$$$
Wheelchair Accessible
Parking, Yes
Categories: Computer Service, Computer Support and Services, Computer Repair Service, Computer Security Service, Website Designer, Computer Consultant.
ISIC Codes: 6202, 6209, 7410, 8010, 9511.

Market analysis

Earning above its category median in a growing category (Computer Service).

EstimateCategory trend: 2024, +6.7%

Revenue trend (modeled)

~$3.7M2019
~$3.9M2020
~$4.1M2021
~$5.1M2022
~$5.4M2023
~$5.9M2024
Modeled from official industry statistics+9.9%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2001 (KY)
Employees (reported band)15-17
Facility size~2,400 sq ft
Observed

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Computer Service in Kentucky365~$748.1M~$2.0M~$1.1M4.8★5.3×
Category revenue trend2024: +6.7%2023: +4.4%2022: +5.4%2021: +14.2%Modeled from business-level estimates
Chain pressure3 chains expanding in this category, led by Walmart Tech Services, OfficeMax Tech Services, All Covered (+759 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)280~$350.1M~$1.3M~$421.7K1,296~$106.6M14×
Other service activities36~$14.2M~$395.8K113
Professional, scientific and technical activities25~$23.5M~$941.6K151
Administrative and support service activities6~$6.4M~$1.1M28
Information and communication1~$9.7M~$9.7M11

1 km area (all businesses): median from the 236 of 280 businesses with estimates

Estimate

Area conditions (42071)

Population30,254 ±690
Median household income$46,304 ±$3,392
Median home value$177,700
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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