Cloudflare, Inc., the leading connectivity cloud company, recently announced that it has been named a Fortune Future 50 company for 2023, ranked number six of the top fifty companies.
Fortune and BCG Henderson Institute examined more than 1,700 publicly traded companies globally, ranking the top 50 based on an assessment of their long-term growth prospects taking into account indicators and signals of their future potential. Cloudflare’s inclusion on the Fortune Future 50 comes on the heels of notable financial, customer, and technology momentum. During the first three quarters of 2023, Cloudflare has increased its large customer base by 34% year-over-year and helped discover the online threat that led to the largest cyber attack in Internet history.
“At Cloudflare, we believe we have a privilege and responsibility to help drive a more secure, reliable, and connected Internet. With organizations of all sizes and sectors turning to Cloudflare to protect and connect anything online, we are helping make their employees, applications, and networks faster and more secure everywhere while reducing complexity and cost”, said Matthew Prince, Co-founder and CEO of Cloudflare. “Our recognition on the Fortune Future 50 is one more example of how the industry has taken note of our proven rate of innovation, and commitment to delivering mission-critical solutions for our customers and the Internet at-large”.
The Fortune Future 50 index complements traditional performance metrics with an assessment of the long-term growth prospects of the world’s largest publicly traded companies. The ranked companies were determined with 30% of a winning company’s score based on market potential, defined as its expected future growth as determined by financial markets pricing of its shares, and the other 70% based on a company’s capacity to deliver against this potential. This latter portion of the score comprises 19 factors, selected for the ability to predict growth over the following five years, which falls into four categories: Strategy; Technology and Investments; People; and Structure.
Today about 20% of the web runs through Cloudflare’s network, in addition to Internet properties like mobile apps and APIs, to corporate networks and AI infrastructure. Cloudflare has millions of customers, of which more than 182,000 are paying customers including approximately 30% of the Fortune 1000 companies, SMBs, nonprofits, government organisations, and the leading AI companies.
Alongside the Fortune Future 50 accolade, Cloudflare has received industry and editorial recognition for its business, culture, leadership, and innovation, including:
- The Webby Awards Top 5 Nominee Apps, dApps and Software – Technical Achievement2023
- Newsweek Top 100 Most Loved Workplaces2023
- CRN Security 100: 20 Coolest Web Application And Email Security Companies2023
- Deloitte Technology Fast 5002023
- The Webby Awards People’s Voice Winner2022
- Newsweek Top 100 Most Loved Workplaces2022
- Human Resources Campaign Corporate Equality Index (CEI) 100 Perfect Score Company: Best Place to Work for LGBTQ Equality 2022
- The Financial Times The Americas’ 500 Fastest Growing Companies2022
- CRN Edge Computing 100: 25 Hottest Edge Security Companies2022
- CRN 5-Star Software Vendor: Partner Program Guide2022
- Deloitte Technology Fast 5002022
- Reuters Events The Global Responsible Business Awards2021
- Human Resources Campaign Corporate Equality Index (CEI) 100 Perfect Score Company: Best Place to Work for LGBTQ Equality 2021
- Magazine Best Led Companies2021
- Fast Company World Changing Ideas2021
- Fast Company Most Innovative Companies2021
- CRN The Security 100: The 20 Coolest Network Security Companies2021
- Deloitte Technology Fast 5002021
- BuiltIn 100 Best Places to Work in Austin2021
- Reuters Events The Global Responsible Business Awards2020
- Fast Company World Changing Ideas2020
- Deloitte Technology Fast 5002020
