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Innoveo Wins Two Gold Globee® Awards

Innoveo Wins Two Gold Globee® Awards in the 2022 Business Excellence Awards

Enterprise no-code pioneer recognized for innovative achievements and recent momentum empowering business technologists to rapidly build and launch custom-made applications

 

Princeton, NJ, October 20, 2022 – Innoveo, a global technology firm and a pioneer in enterprise no-code platform today announced they had been awarded two Gold Globee® Awards in the 2022 Business Excellence Awards for the categories of No Code or Low Code Solution and Software Development Solution. The company was recognized for its growth and customer achievements in recent years enabling enterprises to deliver business impact and new capabilities using Innoveo’s no-code platform and pre-configured solution accelerators.

The no-code platform enables enterprises in complex and regulated industries to modernize legacy systems, automate archaic processes, and expedite the building and deploying of new applications in days – not months. The combination of common best practices in the software development life cycle, reusable accelerators, and open APIs enables enterprises to achieve 5x-10x productivity improvements throughout their business with up to 75% fewer resources.

In 2021, the company witnessed a record 75% increase in year-over-year growth in licensing revenue and a 50% growth in employee count while adding a new Headquarters in the New York Metro Area and expanding the global organization across the offices in Zurich, Budapest, Valencia, Hong-Kong, and Puerto Rico.

“Today, enterprises are seeking to accelerate their digital journey, automate their business processes and improve workforce productivity to deliver accelerated business value in a fast and agile manner,” says Vinod Kachroo, CEO at Innoveo. “We are proud to be recognized as a Globee Awards Winner for our no-code platform and recent market growth. We believe this recognition further validates the progress of Innoveo as an organization as well as its talented and innovative team around the globe.”

Innoveo customers span enterprises across insurance, financial services, healthcare, and real estate including Zurich Insurance, HUB International, Flexport, Emirates Insurance, Blink by Chubb, St Regis Resorts, Now Health International, and Safety Insurance.

The Globee® Business Awards celebrate the achievements of employers, employees, and best business practices from all over the world who set industry benchmarks for excellence. Judges from around the world representing a wide spectrum of industry experts participated in the judging process. See the complete list of 2022 winners here.

 

About Innoveo

We believe you can build modern applications that deliver digital experiences and drive business growth without having to write any custom code. That’s why it’s our mission to empower enterprises in complex and regulated industries to re-imagine application development by enabling them to be connected, innovative, quick, and nimble. Backed by leading investors including Everstone Capital and Paulson & Co, Innoveo’s cloud based, AI enabled no-code platform is currently in production globally at over 30 industry leaders across insurance, financial services, healthcare and real estate. With Innoveo, you’ll get the solutions and industry expertise you want, plus a little extra: a thoughtful, no-nonsense experience delivered with a refreshing dose of honesty. For more information, visit: https://www.innoveo.com/.

About the Globee Awards
Globee Awards are conferred in nine programs and competitions: the American Best in Business Awards, Business Excellence Awards, CEO World Awards®, Cyber Security Global Excellence Awards®, Disruptor Company Awards, Golden Bridge Awards®, Information Technology World Awards®, Sales, Marketing, Service, & Operations Excellence Awards, and Women World Awards®. Learn more about the Globee Awards at https://globeeawards.com