For the 2nd Time, Cloudbyz Makes the Inc. 5000, at No. 792 in 2023, With Three-Year Revenue Growth of 748 Percent
NEW YORK, August 15, 2023 – Inc. revealed today that Cloudbyz ranks No. 792 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
Cloudbyz’s CEO, Dinesh Kashyap, expressed his enthusiasm about the company’s accomplishment: “Earning a place on the Inc. 5000 list is a remarkable achievement that highlights the dedication and hard work of our entire team. This recognition validates our mission to provide innovative solutions that empower businesses to thrive in today’s rapidly evolving landscape.”
Echoing this sentiment, Hariharan, Ramadoss, COO of Cloudbyz, added: “We are thrilled to be ranked 792 on the Inc. 5000 list. This achievement reflects our team’s relentless commitment to operational excellence and our focus on delivering unparalleled value to our clients.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
With a relentless focus on providing innovative unified clinical trials management platform and purpose built ClinicalWave.ai solutions, Cloudbyz has experienced impressive growth year after year. The company’s innovative approach, combined with a dedication to understanding and addressing its clients’ unique challenges, has positioned Cloudbyz as a leader in the life sciences and consumer research space.
Cloudbyz’s commitment to excellence extends beyond its financial success, as it continues to contribute to its community through an environmental sustainability program converting barren deserted land to forest.
As Cloudbyz continues on its growth trajectory, the company remains committed to fostering innovation, delivering exceptional value to its clients, and maintaining its position as a trailblazer in the life sciences and consumer research landscape.
About Cloudbyz: Cloudbyz is a leading provider of unified clinical trial management solutions for the life sciences, healthcare, medical device, and pharmaceutical industries. Committed to innovation, Cloudbyz empowers businesses to streamline operations, enhance collaboration, and leverage data for growth. Cloudbyz is dedicated to a sustainable future, operating as a net-zero greenhouse gas emissions company. For more information, visit www.cloudbyz.com.
CONTACT:
Pooja Sood
Manager, Marketing
Cloudbyz Inc.
Phone: +1 (855)-261-6918
Email: marketing.team@cloudbyz.com
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, slated for October 31 – November 2 in San Antonio, visit http://conference.inc.com/.
