Siteimprove Named 2018 Transatlantic Company of the Year
maalis 16, 2018
Siteimprove is recognized for its impressive growth in a complex U.S. market as well as their strategic choice of in placing a majority of its activities and investments in the United States.
The award was presented to the Danish software company Siteimprove at AmCham’s Annual 2018 Transatlantic Summit.
In receiving the award, CEO & Founder of Siteimprove Morten Ebbesen stated: "We began operating in the U.S. in 2005, only two years after we were founded. At the time, our early entry in the U.S. was a somewhat daring move from a cost and risk perspective, but we worked hard and succeeded. This propelled our entire company forward because it created a strong financial foundation we could use to grow in other markets and also mature our key product offering. In this way, the U.S. has played a special role in how we evolved as a company."
He continues: "We are extremely proud to be recognized by AmCham for our strong footprint in the US and that our success contributes to growth and jobs in the Minneapolis area. We are fast approaching 200 employees in the U.S. that accounts for 61% of our entire revenue and this year we expect to grow even further because we have a highly relevant product for companies and organizations."
Spokesperson and Chairman of the jury, Jørgen Bardenfleth, noted that “The jury was very impressed by the growth and engagement that Siteimprove has shown in the United States - particularly during the past three years. In that period, Siteimprove’s U.S. revenue has grown from $8.1 million to $28 million and the number of employees has increased by 279%. Siteimprove’s U.S. activities are in rapid growth in a complex software market – and are also the company’s fastest-growing business compared to the rest of the world. The fact that their U.S. business makes up 61% percent of the company’s combined activities show that Siteimprove is fully committed to the U.S”.
The other finalists included KMC, LEO Pharma, SimCorp, Ørsted og Weibel Scientific.
About the Award
The Transatlantic Company of the Year is awarded to a registered Danish company invested in the U.S. that has demonstrated significant achievements within the United States, in one or more of the following areas:
- Growth: Relative growth in turnover, employees or profitability in USA
- Investment: Significant investments in R&D, new facilities or acquisitions in USA
- Partnerships: Strategic partnerships in USA, with organizations, companies or government agencies
- Innovation: Development/implementation of an innovative solution in USA
- CSR/Sustainability: CSR programs in the USA & how they increase overall sustainability
AmCham’s Executive Director Stephen Brugger on the award: “AmCham wishes to recognize the important contributions and positive impact of Danish companies investing in the United States. The award is presented annually in order to highlight the importance of the economic ties between the United States and Denmark and to celebrate business excellence by a Danish company in arguably the most competitive market in the world”.
For more information, contact:
- AmCham Denmark: Stephen Brugger, Executive Director, (email@example.com, tlf: +45 20 16 59 32)
- Siteimprove: Mads Gyldenkærne, Press Contact, (firstname.lastname@example.org), (Tlf.: +45 5227 1027)
Photos from the award ceremony can be obtained from Pamela Juhl: (www.pamelajuhl.com, e-mail: email@example.com, Tlf: +45 2679 4382)
About AmCham Denmark
Established in 1999, The American Chamber of Commerce in Denmark (AmCham Denmark) is a non-profit, non-governmental business association representing more than 210 U.S., Danish and international companies actively investing in Denmark and the U.S. Accredited by the U.S. Chamber of Commerce in Washington DC, AmCham is part of the global AmCham network present in more than 100 countries.
AmCham Denmark is also an active member of the European Council of American Chambers of Commerce (AmChams in Europe), which is the umbrella organization for 44 AmChams throughout Europe and Eurasia. In Europe AmChams represent the interests of more than 17,000 American and European companies employing 20 million workers – account for more than $ 1.1 trillion in investment on both sides of the Atlantic.
As the voice for international business in Denmark, AmCham is committed to building a competitive business environment in Denmark, and to doing its part to minimize barriers to international trade.