CUPERTINO, Calif — September 9, 2016 – SugarCRM Inc., the company that enables businesses to create extraordinary customer relationships with the most empowering, adaptable and affordable CRM solution on the market, today announced it has been named to the first-ever Forbes 2016 Cloud 100, the definitive list of the top 100 private cloud companies in the world, developed in partnership with Bessemer Venture Partners. To view the list, please visit www.forbes.com/cloud100. The list will appear in the October 4, 2016 issue of Forbes magazine.
“We are honored to be named to the prestigious Cloud 100 list and believe that our philosophy of cloud deployment flexibility sets us apart in the CRM industry,” said Clint Oram, CMO and co-founder at SugarCRM. “Companies that are looking for greater control over their customer data, more deployment options and a reliable infrastructure should consider Sugar as their CRM platform.”
Unlike proprietary clouds, SugarCRM gives its customers the freedom to deploy in the way that best suits their business and IT requirements. This includes Sugar On-Demand, where SugarCRM manages the cloud environment. Customers can also choose any leading public cloud, or a partner’s hosting environment. They can also deploy in a single-tenant private cloud model, or a hybrid combination of public and private clouds.
“Cloud companies are revolutionizing how businesses reach their customers today from digitizing painful old processes to allowing them more time to focus on what they really care about—what makes their products unique,” said Forbes editor of the Cloud 100 list Alex Konrad. “Inclusion in the Forbes 2016 Cloud 100 list recognizes a company for its financial growth and excellence as recognized by customers and peers.”
“These are the companies to watch!” said Byron Deeter, a leading cloud investor and partner at Bessemer Venture Partners. “The Forbes Cloud 100 companies represent the very best private companies in cloud computing. We will see big IPOs and category killers emerge from this list as cloud computing continues to propel the trillion-dollar software industry.”
The first-ever Forbes 2016 Cloud 100 list profiles the world’s top-tier private companies leading the cloud technology revolution, plus 20 rising stars within the field. With advancements in software, cloud security, or platform development, these companies are redefining the future for all industries and sectors.
Forbes, in partnership with Bessemer Venture Partners, received hundreds of submissions to identify the most promising private companies in the cloud. The Forbes 2016 Cloud 100 was selected by a panel of judges representing leading public cloud companies, using qualitative and quantitative data submitted by nominees, along with publicly available third-party data sources.
Every company named to the Forbes 2016 Cloud 100 is recognized in print and online by Forbes, and Forbes’ partners Bessemer Venture Partners and Salesforce Ventures. The companies also receive physical awards and digital badges signifying their inclusion on this exclusive list, as well as an invitation to the celebratory Cloud 100 Awards Dinner, hosted in San Francisco by Forbes, Bessemer Venture Partners and Salesforce Ventures.
SugarCRM enables businesses to create extraordinary customer relationships with the most empowering, adaptable and affordable customer relationship management (CRM) solution on the market. Unlike traditional CRM solutions that focus primarily on management and reporting, Sugar empowers the individual, coordinating the actions of customer-facing employees and equipping them with the right information at the right time to transform the customer experience. Based in Silicon Valley, SugarCRM is backed by Goldman Sachs, Draper Fisher Jurvetson, NEA and Walden International. More than 1.5 million individuals in over 120 countries rely on SugarCRM. To learn more visit SugarCRM or follow @SugarCRM.
NOTE: SugarCRM and the SugarCRM logo are registered trademarks of SugarCRM Inc. Third-party trademarks mentioned are the property of their respective owners.
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Last Update: September 2016