Pendo Climbs 41 Spots on Forbes 2020 Cloud 100; Triples Crowd for Fourth Annual Pendomonium Conference
RALEIGH, N.C., Sept. 17, 2020 /PRNewswire/ -- Pendo, a platform that helps companies accelerate digital product adoption among customers and internal employees, today announced record attendance at its fourth Pendomonium conference. More than 3,000 people from the fields of product management, customer success, user experience and marketing explored the idea of "rewriting our 2020 playbooks" with keynotes by NBA legend Kareem Abdul-Jabbar and Blue Apron CEO Linda Kozlowski as well as two dozen sessions led by Pendo customers, executives and product experts.
Amid an exciting week for Pendo and its customers, Forbes also ranked the company #54 on its annual list of top privately-held cloud companies, moving up from last year's #95 spot.
"Today is a day for customers and it's fitting that more than 30% of the Forbes Cloud 100 uses Pendo," said Pendo CEO and co-founder Todd Olson. "I'm excited to receive this recognition during this incredible week of celebration and knowledge-sharing—our growth comes from our relentless focus on customers."
Pendomonium serves as an annual "state of the union" moment for Pendo, where the company showcases various efforts to support customers and the larger product community over the prior year and casts a vision for the future of the platform and company. Olson and Chief Product Officer Brian Crofts opened each day of the conference sharing several new "plays" for 2020 and beyond.
New products and features
At Pendomonium, the company spotlighted two customers that went above and beyond to support their users and communities in 2020, with Pendo as a key part of their technology stack.
Global expansion: Pendo has doubled its UK presence to 40 team members over the last year, with new sales and customer success teams dedicated to expansion into France, Germany and the Nordics. Its R&D team in Herzliya, Israel has grown by 25 percent, to 40 employees. The company also plans to open an office and build a team in Japan in 2021.
A new resource for product-led companies: Wiley will release Olson's first book, "The Product-Led Organization: Drive Growth by Putting Product at the Center of Your Customer Experience," on September 23, 2020. Olson walks readers through three key considerations for companies on a product-led journey: how to leverage data to build a great product, strategies for automating aspects of sales, marketing, support and customer education inside digital products, and a new way of delivering product that focuses product teams on driving product adoption, incorporating customer feedback and establishing "product ops" as a hub of cross-functional communication and collaboration. The book is available for pre-order on Amazon.
Forbes Cloud 100 list: Pendo joins 30 customers on the annual list of top privately-held cloud companies published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. Winners were chosen based on an analysis of market leadership, estimated valuation, operating metrics, and people and culture by a judging panel of 43 publicly-traded cloud company CEOs. The recognition comes on the heels of Pendo's #26 ranking on the Inc. 5000 in July 2020.