Simeio Earns Place on Inc. 5000 Fastest Growing Company List for Fourth Year in a Row
The Identity and Access Management Company Achieved Three-Year Revenue Growth of 108.23 Percent Helping Clients Achieve Digital Transformation Goals
ATLANTA–August 17, 2020 – Inc. magazine revealed that Simeio Solutions, for the fourth consecutive year, has been named to its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment.
Being named to the Inc. 5000 list for the fourth year in a row is an honor achieved by only 13 percent of the companies that ever make the list. Much of Simeio’s success is attributable to a net customer revenue retention of 109 percent, and a commitment to stellar customer service which has earned Simeio a net promoter score (NPS) of 70, the highest in the Identity and Access Management (IAM) market. In addition, Simeio’s technology continues to earn high marks in industry trade publications such as SC Media which awarded Simeio’s Identity Orchestrator 4.75/5 stars in a recent review.
“As the world’s largest, single-source provider of IAM we’re pleased and excited to receive this national recognition,” said Chris Schueler, newly named CEO at Simeio. “Protecting more than 150 million identities every day, we look to ease the transition of our client’s digital transformation and help them manage their increasingly important identity requirements through our Identity as a Service (IDaaS) solution.”
“Today more than ever companies are determined to make digital transformation a reality, and identity plays a key role in those efforts,” said Shawn Keve, Chief Revenue Officer at Simeio. “Our consistently high growth rate is a testament to our ability to deliver outcomes and the significant market demand for a complete, yet modular, IAM solution that can be consumed as a service.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available immediately.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.