FOOTHILL RANCH, CA - 22 October, 2015 - Ytel was recently recognized as one of the "Best Entrepreneurial Companies in America" by Entrepreneur magazine's Entrepreneur360™ Performance Index, a premier study delivering the most comprehensive analysis of private companies in America. Based on this study forged by Entrepreneur, Ytel is recognized as a company that exemplifies growth, not just in top and bottom line, but in sustainability and ability to achieve lasting success.
"This is a great source of pride for our organization, and shows that our team's dedication to developing new tech is creating waves in industries across the board," said Nick Newsom, CEO and Founder of Ytel. "This is just the beginning, and with the release of message360°, we are bringing something new to the market that hasn't been seen yet."
"Those honored have identified a problem, come up with a unique solution, and bravely built their enterprises around it," says Ryan Shea, President of Entrepreneur Media. "They've accomplished new ways of producing sustainable growth and are an inspiration to others who want to fulfill their own entrepreneurial goals."
Ytel is a software company that provides powerful communications solutions for businesses of all sizes worldwide. Core offerings include Cloud Contact Center, a multi-channel communications platform and message360°, an open API supporting voice, text, email, and direct mail. Ytel supports over 30 million outbound and inbound interactions daily, on a company owned network, increasing revenue and maximizing efficiency for businesses.
Through in-depth surveys, the team of editors and researchers behind the E360 Performance Index collected more than 250 pieces of data from hundreds of participating U.S. based companies, focusing on growth drivers and challenges, goal setting, resource allocations, and reward systems. The analysis uncovered a subset of companies including Ytel, whose continued success is largely based on superior value creation for their customers, building an adaptive learning culture, and aggressive geographic expansion—making them the most dynamic firms in America today.
According to research conducted by the Business Dynamics Research Consortium (BDRC), less than one percent of U.S. businesses expanded capacity three or more years out of the past five. On average, they grew by 41% over the period whereas all other surviving companies lost an average of 4%. Based on the their analysis of 19.1 million for-profit US businesses, sustained growers are statistically more likely to survive and continue to grow over the next five years than any other group of businesses in the economy.
"The companies identified in the E360 Index are sustained growers, and based on our research, have proven adept at navigating the changing challenges of their marketplace to win new business and grow their output capacity year after year," says Gary Kunkle, senior research fellow at the Business Dynamics Research Consortium and research partner of the E360 Performance Index.
To learn more about Ytel, visit ytel.com.
For additional details on the E360 Performance Index and the companies recognized, visit: http://entm.ag/E360Index
About Ytel (www.ytel.com)
Ytel’s communication platform allows developers and businesses to easily build SMS and voice capabilities into any application. With a single API, improve every customer experience and drive more operational efficiency in your business by working with an enterprise carrier in the cloud. Founded in 2012, Ytel delivers more than 1 billion monthly messages to help businesses grow revenue and brand equity.
About Entrepreneur Media Inc.
For nearly 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide.