For the Third Year in a Row, Skuid Appears on the Annual Inc. 5000 List of America's Fastest Growing Private Companies
CHATTANOOGA, Tenn., Aug. 13, 2020 /PRNewswire-PRWeb/ -- Skuid, the leading toolkit to accelerate custom Salesforce app design, development, and adoption, today announced its inclusion in the annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies, for the third consecutive year. Companies such as Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle, and Zappos.com.Microsoft, Under Armour, Pandora, Chobani, Facebook, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"Digital transformation is far more important now than it was before the pandemic," said Ken McElrath, Skuid CEO. "That's one reason why IDC predicts that more apps will be developed in the next four years than in the last 40 years combined. With an acute shortage of software engineers and UX designers, companies need scalable tools for faster development of sophisticated applications and exceptional digital experiences. With our continued growth, Skuid will be able to serve even more companies seeking to rapidly build and adapt 'humanized' applications in response to our changing lifestyles and economic realities."
Growth for Skuid reflects the significant momentum of the no/low-code industry. According to Forrester research, from 2019-2022, the low-code market will increase from $6.5B to $21.2B as more companies see the benefits for their business. Skuid has differentiated with design, focusing on the front-end user experience of enterprise applications to improve user adoption and productivity. Its customers have seen significant value in leveraging a design-centered approach to application development, dramatically increasing user adoption-- up to 80%.
"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."
In addition to its inclusion on the Inc. 5000 list, Skuid continues to grow its customer base and enhance its product offering, with a major release coming to the market at the end of August. Its growth has been primarily driven by significant client acquisitions and companies seeking viable tools to quickly respond to shifts in business needs and priorities.
About Skuid
Generic applications rarely match the unique workflows, processes and roles of your people, which kills software adoption and speed of innovation. Until now, user experience customization has cost far too much money and time. Skuid provides a fundamentally new model for creating digital experiences with little to no code required. Thousands of builders have used Skuid to create custom digital experiences for millions of users across dozens of countries, dramatically increasing adoption and innovation--up to 10 times faster. Visit https://www.skuid.com to discover the #1 toolkit to accelerate custom Salesforce app design, development, and adoption.
More about Inc. and the Inc. 5000
Methodology
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 http://www.inc.com.
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SOURCE Skuid
