Today, in its 3rd annual recognition of the best and the brightest global cloud companies, Forbes revealed its 2018 list of Cloud 100 Rising Stars. And, I’m proud to share the news that Forbes and Bessemer Venture Partners has recognized Scout as one the Top 20 Breakout Up-and-Comers for 2018, the definitive list of the top private cloud companies in the world. It’s an amazing honor, and we’re all humbled to be included in this list of companies “already punching above their weight.”
“The 2018 Rising Stars are already punching above their weight. Keep an eye on these companies for a glimpse of the Cloud 100 leaders of coming years.” – Christian Kreznar, Forbes
As you can imagine, the selection process was rigorous. We are thrilled to share the news and thank all of those who made it possible — our employees, our partners, our investors, and especially our customers who have supported us these last four years. And many congratulations from me and the other founders here at Scout for the other companies on the list. From our fellow GV classmates Bugsnag and Scalyr to companies our customers trust like Zylo, this is an inspiring group.
It’s been a great few months for our team at Scout, and it’s we’re all excited about the organizational, customer, and market momentum we’re seeing. In addition to the Cloud 100 Rising Stars list and last week’s announcement about Jerry Brooner and Sarvesh Mathur joining our executive team, Scout also received our first honorable mention in the 2018 Gartner Magic Quadrant for Strategic Sourcing Suites. Not only is this great validation about the value we’re building for our customers, but we also see it as a leading indicator of the elevated importance of sourcing and procurement in the enterprise.
Forbes and Gartner profile top-tier companies leading the cloud technology revolution. Ultimately awards like the Forbes Cloud Up-and-Comers and the Honorable Mention for the Gartner Magic Quadrant for Strategic Sourcing Suites are positive indication that we are driving innovation by extracting more data from enterprise sourcing, improving supplier engagement and ultimately closing the loop in enterprise sourcing. But most importantly, always doing the right things for our customers.
Scout is truly honored and humbled to be recognized for both of these accolades.
For more information on the Cloud 100 and Top 20 Rising Stars, you can see the complete list here.