News : Dialpad is Named to the Forbes Cloud 100 List
San Francisco, CA, USA, Sept 11, 2019 -- Dialpad has been named to the Forbes 2019 Cloud 100, the ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.
"Digital transformation is forcing companies to change their business models and adapt to a new market reality, with more and more functions moving to the cloud. While businesses know this changes how and where people do their jobs, unfortunately the majority are still letting legacy technologies, like phone systems, hold them back from fully embracing the new future of work," said Craig Walker, Dialpad CEO. "Our products use industry-leading AI and natural language processing to transform internal and external communications. We’re honored that Forbes recognizes this vision and our accomplishments towards this goal in 2019, validating the progress our team has made so far."
As part of the rigorous selection process for the Forbes 2019 Cloud 100, Bessemer Venture Partners received submissions from hundreds of cloud startups. The Cloud 100 Judging Panel, made up of public cloud company CEOs, reviewed the data to select, score, and rank the top 100 private cloud companies from all over the world. The evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%).
As the world's only cloud-based communications platform powered by native artificial intelligence and natural language processing (NLP) technology, Dialpad offers a suite of products to help organizations communicate and collaborate instantly and effortlessly. Dialpad uses Voice Intelligence (Vi™) technology developed in-house to transcribe calls in real-time, offering invaluable insights and immediate access to analysis, making jobs easier and calls smarter.
Over the past three years, Dialpad’s YoY revenue has grown +339%. In 2019, one year after acquiring TalkIQ, a leader in real-time speech recognition and AI, Dialpad launched an industry standard-setting product, Dialpad Sell. Dialpad Sell is designed specifically for sales teams — leveraging the company’s Voice Intelligence tools to transcribe calls, track customer sentiment, analyze conversations and then provide customized recommendations — all in real-time and without installing any additional software. Earlier this month, Dialpad also incorporated Vi to its flagship UberConference product, which now includes automated notes, transcripts, and action items, together with crystal clear HD video conferencing.
"For four years now, we have ranked the best and brightest emerging companies in the cloud sector," said Alex Konrad, Forbes editor of The Cloud 100. "With so many businesses growing fast in the cloud, from cybersecurity and marketing to data analytics and storage, it’s harder than ever to make the Cloud 100 list – but with more elite company if you do. Congratulations to each of the 2019 Cloud 100 honorees and the 20 Rising Stars honorees poised to join their ranks!"
The Forbes 2019 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100 and will appear in the September 2019 issue of Forbes magazine.
Each year the CEOs of The Cloud 100 and the 20 Rising Stars companies are honored at the exclusive Cloud 100 Celebration hosted by Bessemer Venture Partners, Salesforce Ventures, and Forbes. A special thank you to our sponsors Amazon Web Services (AWS), Bank of America Merrill Lynch, Cooley, FuelxMcKinsey, Goldman Sachs, J.P. Morgan, Nasdaq, Qatalyst Partners, and Silicon Valley Bank, who make this event possible.
The defining voice of entrepreneurial capitalism, Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most-influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 120 million people worldwide through its trusted journalism, signature LIVE events, custom marketing programs and 40 licensed local editions in 70 countries. Forbes Media’s brand extensions include real estate, education and financial services license agreements.
Posted by Veronica Silva Cusi, news correspondent
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Dialpad is one of the top pure-cloud communications solutions for business. Available on any device, Dialpad includes HD voice, HD video, group messaging, SMS, MMS, conferencing, and screen sharing. Dialpad for Salesforce® Lightning brings the most loved business phone system directly inside of your favorite CRM. Join 25,000 companies who have ditched their desk phones. Connect Everyone. Work Anywhere.
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