Submitted companies, last year’s winners, and recognized category leaders are then considered and evaluated as potential winners.
The evaluation process involves four factors:
Estimated valuation: Based on third-party data providers, an estimate of valuation is determined. In some cases, this estimate is a range rather than a specific number.
Operating metrics: As part of the nomination process, ranges are collected on metrics like revenue and growth.
People & culture: Based on third-party data providers, each company is evaluated on both their size (e.g., # of people, growth in # of people) as well as culture.
Market leadership: The official Cloud 100 judge panel, comprised primarily of public Cloud CEOs, provides their qualitative input and assessment of the companies’ market leadership in various Cloud sectors.
These four factors are weighted approximately:
- Estimated valuation: 30%
- Operating metrics: 20%
- People & culture: 15%
- Market leadership: 35%
These factors, and the relevant weights, are used to select, score, and rank the winners.