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Blue.cloud named Fastest Growing IT Services Company in Tampa Bay
 Wednesday August 03, 2022
  • Tampa Bay Business Journal’s Fast 50 Awards highlight the fastest growing privately held companies in Tampa Bay
  • Cloud-native digital transformation company is a newcomer on the list, ranking #9 and experiencing 417.72% revenue growth from 2019-2021
Blue.cloud named Fastest Growing IT Services Company in Tampa Bay

Blue.cloud, a digital transformation company and global leader in cloud-native solutions today announced its #9 ranking on the Tampa Bay Business Journal’s 2022 Fast 50 List

Tampa Bay Business Journal’s Fast 50 Awards highlight the fastest growing privately held companies in the region and rankings are based on the company’s percentage of annual growth over a three-year period. Additionally, companies must be headquartered in the Tampa Bay area and have revenue of at least $1 million in 2019 or $5 million in 2021 in order to qualify.

“We are honored to be recognized as a top 10 Fast 50 company by the Tampa Bay Business Journal for our explosive growth over the past few years and are proud to be in such good company along with one of our own clients, Ideal Agent,” said Kerem Koca, co-Founder and co-CEO of Blue.cloud. "As an early adopter of the Tampa Bay entrepreneurial ecosystem, it is exciting to see the region’s business community booming and we look forward to continuing to build a global digital transformation company in this great city.”

According to information verified by accounting firm RSM US LLP, Blue.cloud brought in $23.84 million at the end of Q4 2021, compared to approximately $8.87 million for the same period in 2020 and $4.6 million in 2019 — a 417.72% revenue growth. Additionally, the company tripled its headcount across all geographies and functions, expanded leadership hires globally, and partnered with leading next-generation software companies such as ThoughtSpot, Snowflake and Starburst. Blue.cloud's continued success is driven by the high demand for enterprise digital transformation and, in particular, data services within the cloud space.

“Blue.cloud’s growth over the past few years has been fueled by an increased demand for digital transformation and we have surpassed several of our own ambitious performance goals, highlighted by consistent quarter-over-quarter growth and improved profit margin,” commented Blue.cloud Chief Financial Officer, Brian Alvarez. “Our investments in strategic partnerships, AI capabilities and senior tech talent have built a strong foundation for the next year, and we’re confident in executing our plan to rapidly move beyond $80MM run-rate.”

With a data-driven approach to digital transformation and consulting services, Blue.cloud specializes in implementing modern cloud data and analytics solutions by leveraging next-generation technologies and a world class team of IT leaders to transform how enterprises operate and compete in the marketplace.

To explore Blue.cloud’s services and offerings, please visit www.blue.cloud