SILICON SLOPES, UT — October 18, 2016 —Workfront, the leading provider of cloud-based Enterprise Work Management solutions, today announced that its ongoing growth has landed it a spot in MountainWest Capital Network’s (MWCN) Utah 100. This year marks the ninth time the company has been included in the MWCN rankings. Workfront made the list at number 70 this year.
MWCN has named the 100 fastest growing companies in the state of Utah for over 20 years. Companies are evaluated based on five years of compound annual growth and revenue generation.
“Workfront’s continued year-over-year growth comes from the fact that we are addressing a huge business problem – the challenge organizations have to ensure that their teams are focused on the right work, creating their best work, and delivering that work faster than ever before,” said Alex Shootman, CEO of Workfront. “Our internal story really drives us. Workfront is a product company, but we constantly ask ourselves ‘what if the company itself was the greatest product we build?’ and that all starts with amazing people who are passionate about what they do. We focus a ton of energy on building and sustaining a culture in which people have a maniacal focus on the customer. A ranking on the MWCN Utah 100, highlighting our growth, reminds us of the appreciation we have for our customers and their continued confidence in us, but also to our employees for creating such an amazing culture that allows us to continue growing.”
Workfront has experienced steady growth in revenue and market share over the past five years, including a 40% growth in year-over-year revenue in 2015.
Other 2016 Workfront accolades include:
- Leader in the Gartner Inc., 2016 Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services
- Leader in the Gartner Inc., 2016 Magic Quadrant for Marketing Resource Management
- Leader in the IDC Marketscape: Worldwide Cloud PPM and PPM SaaS 2015-2016 Vendor Assessment
- Winner DMA 2016 Innovation Award for Workfront Agile for Marketers
- Ranked 30th in Utah Business Magazine’s Fast 50 for eighth year in a row
- Ranked 71st in Forbes 2016 Cloud 100
- Ranked 327th in Apps Run the World’s Cloud Top 500 Application Vendors
Workfront was also listed as one of Utah’s Best Companies to Work For in 2015.
Find out how you can join the award-winning Workfront team by visiting, www.workfront.com/open-positions.
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Workfront is a cloud-based Enterprise Work Management solution that helps marketing, IT and other enterprise teams conquer the chaos of excessive email, redundant status meetings and disconnected tools. Unlike other tools, Workfront Enterprise Work Cloud is a centralized, easy-to-adopt solution for managing and collaborating on all types of work through the entire work lifecycle, which improves team productivity and executive visibility. Workfront is trusted by thousands of global enterprises, like Cars.com, Cisco Systems, Comcast, iProspect, Schneider Electric and Trek. To learn more, visit www.workfront.com or follow us on Twitter @Workfront_Inc.