The Identity and Access Management Company Achieved Three-Year Revenue Growth of 108.23 Percent Helping Clients Achieve Digital Transformation Goals
ATLANTA, Aug. 17, 2020 (GLOBE NEWSWIRE) — 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.
About Simeio Solutions
Simeio Solutions provides the industry’s most complete Identity and Access Management solution delivered as a service and interoperable with leading IAM tools. We protect over 150 million identities globally for enterprises, institutions, and government entities of all sizes. Our platform and services provide the following set of enterprise-grade security and identity capabilities: Access Management and Federation, Access Request, Directory Services, Identity Governance and Administration, Identity Management and Administration, Privileged Access Management, Security & Risk Intelligence, Data Security & Loss Prevention, and Cloud Security. Simeio IDaaS—which consists of Simeio Identity Orchestrator™ (IO), Simeio Identity Intelligence Center™ (IIC), and managed identity services—brings together best-in-class processes, professionals, and technologies focused entirely on management and protection of identities and related access controls. Headquartered in Atlanta, Georgia, and with Security Operations Centers worldwide, Simeio provides services to Global 2000 companies across all industries, and government entities. For more information, please visit www.simeio.com.
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.
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