SILICON SLOPES, UT — August 27, 2015 — Workfront, the leading provider of cloud-based Enterprise Work Management solutions, today announced that its ongoing growth has landed it a spot in the Utah Business Fast 50 for the seventh year.
Utah Business magazine names the 50 fastest growing companies in the state of Utah every year. Companies are evaluated based on five years of compound annual growth and revenue generation. Workfront made the list at number 28 this year.
“Workfront’s continued year-over-year growth comes from the fact that we are addressing a huge business problem for marketing teams, creative agencies and other enterprise departments,” said Eric Morgan, CEO of Workfront. “For many organizations, work can be chaotic and disorganized. We solve these challenges by helping businesses move beyond antiquated tools, such as spreadsheets and email, that are being used for things they were never designed to do. A ranking on the Utah Fast 50, highlighting our growth, reminds us of the appreciation we have for our customers and their continued confidence in us. ”
Workfront experienced steady growth and market share in 2014, achieving 49% year-over-year total SaaS subscription growth, and a record number of 135 global clients paying in excess of $100,000 in annual recurring revenue.
Other 2015 Workfront accolades include:
Leader in the Gartner Inc., 2015 Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services
Strong Performer in the Forrester Wave™: Portfolio Management for The Tech Management Agenda, Q1 2015
Most Influential Global SaaS Companies in the Montclare SaaS 250
Challenger in the Gartner Inc, 2015 Magic Quadrant for Marketing Resource Management
Workfront was also listed as one of Utah’s Best Companies to Work For in 2014.
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.