Workato®, the AI-driven enterprise orchestration platform, has been named one of the top 100 private cloud companies in the world in the Forbes 2024 Cloud 100. The list, compiled by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures, recognizes the top private cloud companies.
Vijay Tella, co-founder and CEO of Workato, said “Being on the Forbes 2024 Cloud 100 list is a testament to all the progress we’ve made in the past year. Our mission to help enterprises unlock and innovate has never been more important. We’re happy to be listed alongside our peers, many of whom are our customers and partners.”
The Forbes Cloud 100 list is in its ninth year and is based on market leadership (35%), estimated valuation (30%), operating metrics (20%) and people & culture (15%). Public cloud company CEOs contribute to the assessment of these criteria.
Alex Konrad, Forbes Cloud 100 editor, said “This year’s list has an amazing group of companies with incredible revenue, valuations and growth. That’s a recipe for future IPOs and industry disruption.”
Mary D’Onofrio, partner at Bessemer Venture Partners, said “This year’s cohort is more competitive than ever. The total value of the list is a record $820bn. AI is the highest valued category. We’re excited to see AI companies scaling fast and leading the next wave of growth, and a big year-over-year increase in market cap.”
Paul Drews, managing partner at Salesforce Ventures, said “We’re in the midst of a platform shift with AI at the centre and it’s one of the most exciting times in tech. The Cloud 100 is the best of the best and we can’t wait to see what these companies do next.”
Forbes 2024 Cloud 100 List
The Forbes 2024 Cloud 100 and 20 Rising Stars lists are online at www.forbes.com/cloud100 and in the August/September 2024 issue of Forbes magazine. The Cloud 100 winners will be celebrated at the Cloud 100 Celebration, hosted by Bessemer Venture Partners, Salesforce Ventures and Forbes, with sponsorship from Amazon Web Services (AWS), Bank of America, Cooley, Deloitte, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley and Nasdaq.
Workato is a Leader in the 2024 Gartner Magic Quadrant for iPaaS. Low-code, no-code integration of applications, data and experiences with enterprise-class security, governance, scalability and performance.
In the G2 Spring 2024 reports, Workato is honored as a Leader, and topped the charts in the Enterprise Grid Report, Relationship Index, and Results Index for iPaaS.
