In a field of more than 50 QMS industry participants, Frost & Sullivan independently plotted the top 18 companies in their Frost Radar analysis of 2022. We are delighted that ComplianceQuest has been named a market powerhouse leading in growth and innovation.
Important competitive factors in this market include platform technology (legacy architecture versus modern cloud); solution breadth and depth; target customer size (small, medium, enterprise, or all); ability to serve customers across multiple industries and regions; analytics, AI, and ML capabilities; lead time to deployment; licensing options; and configurability and scalability.
As per Frost & Sullivan two key factors that make ComplianceQuest stand out are,
- ComplianceQuest has been part of the Inc 5000 fastest growing companies in North America for 4 years in a row (2019, 2020, 2021 and 2022) based on its year over year performances. The company is currently hovering at about 130% compounded average growth rate from inception.
- ComplianceQuest brings to the market a tremendous amount of business value under a “unified platform model” connecting product design, quality, safety and environment & sustainability management solutions that a specific organization seeks, under one umbrella. This is crucial for effective digital transformation.
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