We’re excited to share that Motive has been named to the Forbes 2023 Cloud 100, marking the sixth consecutive year we have been named to the definitive ranking of the top 100 private cloud companies in the world.
Published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures, the Cloud 100 reviews submissions from hundreds of cloud startups and private companies each year. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%). For market leadership, the Cloud 100 enlists the help of a judging panel of public cloud company CEOs who assist in evaluating and ranking their private company peers.
“The physical economy makes up almost 50% of our GDP, yet businesses that power this workforce have been left behind in today’s technology race,” said Shoaib Makani, co-founder and CEO at Motive. “At Motive, our mission is to empower the people who run physical operations with tools to make their work safer, more productive, and more profitable. We’re proud to serve our customers and be recognized by Forbes for the sixth consecutive year.”
This Forbes Cloud 100 acknowledgment and our consistent presence on the list stems from our continued commitment to serving our customers across the physical economy. Leveraging AI and cloud-based innovations is critical for business owners to effectively keep powering such a significant portion of the economy, so our work has to be rooted in helping them achieve that. From our product and engineering roadmap to how we utilize the massive amount of data being collected, it is all rooted in this mission.
“The companies of the Cloud 100 list represent the best and brightest private companies in this crucial tech sector,” said Kenrick Cai, the Forbes editor of the Cloud 100. “This year’s companies had to react rapidly to AI’s sweeping impact while contending with a market pullback. Their resilience puts them in elite company. Congratulations to each of the 2023 Cloud 100 honorees and the 20 Rising Stars who are showing early potential to one day join their ranks.”
The Forbes 2023 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100. Highlights of the list appear in the August/September 2023 issue of Forbes magazine.
To learn more about Motive, visit www.gomotive.com.