SILICON SLOPES, Utah — Aug. 28, 2014 – Acknowledging its explosive growth over the past few years, Utah Business magazine listed XANT, the leading cloud-based sales acceleration technology company, as the 18th fastest growing company in Utah today at the magazine’s annual Fast 50 event in Salt Lake City.
“We are pleased to be recognized among the Fast 50,” said Dave Elkington, founder and CEO of XANT. “One of the main reasons we’re growing so quickly is that our clients can see and measure dramatic revenue increases after implementing our sales acceleration platform. Companies that use XANT technology increase revenue by as much as 30 percent in as few as 90 days.”
XANT’s growth is also fueled by the rapid expansion of the sales acceleration technology market. According to the Sales Acceleration Technology Market Size Study, sales acceleration represents $12.8 billion of spending in technology – a figure that every indicator shows will continue to rise.
XANT has doubled the size of its business for each of the past three years and continues to recruit talent locally and nationally. The company is actively hiring salespeople, engineers, marketers and other skilled professionals at its Provo and downtown Salt Lake City offices.
“We live in an area that provides talented professionals for all areas of our business, but we sometimes find it a challenge to hire enough people fast enough to sustain our aggressive growth,” said Ken Krogue, XANT founder and president. “As a result, we are constantly recruiting great people from all over Utah.”
This is the third time XANT has appeared in the Utah Business magazine Fast 50 of the fastest growing companies in Utah. XANT, along with the rest of the Fast 50 companies, will be featured in the September 2014 issue of the magazine. The top 50 companies are selected based on a combination of revenue growth and revenue generation.
About XANT, Inc.
XANT offers cloud-based sales acceleration technology. The company provides the sales industry’s first comprehensive sales acceleration platform that creates high-performance sales teams with breakthrough technology including communications for immediate response, gamification for sales motivation, data visualization for an immersive experience with sales data, and predictive analytics for lead prioritization, hiring and more. The American Association of Inside Sales Professionals (AA-ISP) has recognized XANT as the SaaS provider of the year for four consecutive years. The company has been listed among the fastest growing companies by Inc. and Deloitte and as one of the top 100 private companies by AlwaysOn. XANT ranks No. 5 in the nation for jobs created in the software industry and No. 72 in the nation for jobs created in all industries by Inc. XANT has published leading research in the Harvard Business Review and Forbes. The company has been issued 11 U.S. patents and has 13 patents pending, with several focused on the areas of predictive analytics and machine learning. XANT enterprise customers include Fidelity, Microsoft, Groupon, McGraw-Hill, Marketo and more. To try the technology, visit XANT.