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Cvent Selected as an OnDemand Top 100 Winner for Second Consecutive Year

Company Recognized for Pioneering Cloud Computing and Software-as-a-Service Industries

March 23, 2012 – NEW YORK and MCLEAN, VA – Cvent, the world's largest provider of cloud-based software for event management, meeting site selection and web surveys, today announced that it has been named to the AlwaysOn "OnDemand 100" list for the second year in a row. The OnDemand 100, chosen from over 1,000 applicants, represent the top private companies that are shaking up the industry with game-changing approaches and technologies that are likely to disrupt existing markets. Cvent was recognized based on its innovation, market potential, commercialization, stakeholder value and media buzz.

"Cvent's inclusion in the OnDemand 100 list is a testament to our unwavering commitment to developing revolutionary SaaS technologies that are consistently pushing the limits of traditional software solutions," said Chuck Ghoorah, Cvent's Co-Founder and Executive Vice President of Sales and Marketing. "As Cvent grows into a 1,000-employee company this year, we'll continue to pioneer the cloud computing space by always rethinking and defying the status quo."

Cvent's solutions are used by thousands of companies for a variety of use cases; examples include:

  • The Blue Cross and Blue Shield Association, a national federation of 38 independent, community-based and locally-operated Blue Cross and Blue Shield companies, uses Cvent's event management software to handle registration and payment processing for the organization's 120 educational and training programs each year.
  • Carlson Rezidor Hotel Group, one of the world's largest and most dynamic hotel groups, leverages the Cvent Supplier Network to boost its visibility in front of meeting planners and win additional group business for meetings, conferences and events of all kinds.
  • Polaris Industries (NYSE: PII), a recognized leader in the powersports industry, utilizes the company's feedback management solution to create and deploy customer satisfaction and loyalty surveys. Polaris then uses Cvent to run real-time, customizable reports to evaluate the survey results and track Net Promoter Score trends.

"Digital information has expanded exponentially during the past year. As the emergence of robust, innovative apps needed to manage this information continues, a complex world of interconnected business intelligence and ideas is being created at a new macro level," says Tony Perkins, founder and editor of AlwaysOn. "This year's OnDemand 100 winners are continuing to use disruptive technology and ideas to merge valuable legacy data and systems with new, vital streams of information. The results are being deployed in the cloud by any number of SaaS products and services, changing the way all business coexist. The OnDemand 100 continues to represent some of the highest-growth opportunities in the private company marketplace."

Joined on the list by companies such as Dropbox, SugarCRM, Silverpop and Eloqua, Cvent and all other OnDemand Top 100 companies will be honored at AlwaysOn's OnDemand event on April 4, 2012, at Hewlett-Packard's Executive Briefing Center in Cupertino, California. A full list of all the winners can be found here.

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