Cloud Sales Success Propels N3’s Phenomenal Growth
ATLANTA, GA (June 23, 2016) – Premiere B2B sales execution and demand generation consultancy N3 was awarded the 3rd position in the upper middle market category of the annual Georgia Fast 40 awards last night. This recognition caps a banner year for N3 that includes a significant, multimillion-dollar investment from RedBird Capital Partners, acquisition of a new, 65,000-square-foot office in Piedmont Center to serve as global headquarters, and new engagements from Lenovo, SAP, IBM Softlayer, HP Enterprise, Qlik, and Grainger.
“Our growth is a testament to the dedication and strength of our global Cloud Inside Sales and Marketing teams,” said Jeff Laue, CEO of N3. “N3 engages with more than 1.5 million technology buyers and influencers each year, and influences more than $500 million in annual Cloud revenue.”
As the global leader in Cloud technology demand generation, N3 drives Cloud revenue for technology leaders such as Microsoft, Rackspace, HP Enterprise, and OpenText. Dedicated N3 teams generate up to 72% more revenue on N3 activated accounts, and N3 often has as much as a 3x higher closing rate on technology purchases than self-service, a hallmark of the new Cloud sales model.
“No Inside Sales execution company in the world knows more about accelerating Cloud-based revenue than N3,” said Robert Covington, Co-Managing Partner at RedBird Capital Partners. “N3 is propelling technology companies forward as they pivot from their old sales models to the new Cloud-based, on-demand sales model.”
“The economic impact of N3 and the other ACG Fast 40 companies is phenomenal; together, they have supplied 14,110 new jobs to the metro area and $1.9 billion in revenue growth,” said Melanie Brandt, Executive Director of ACG Atlanta. “N3’s continued growth cements Atlanta as an epicenter of global business and pioneer of Cloud technology solutions.”
The Fast 40 award is given each year by the Atlanta Chapter of The Association for Corporate Growth, a global professional organization focused on middle-market growth, mergers and acquisitions, and private investment. Honorees are selected based on verifiable three-year increases in revenue and employment.
About ACG Atlanta
ACG comprises more than 14,500 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 59 chapters in North America and beyond. Founded in 1974, ACG Atlanta is one of the oldest and most active chapters, providing the area’s executives and professionals a unique forum for exchanging ideas and experiences concerning organic and acquisitive growth. Programs include Atlanta ACG Capital Connection, The Georgia Fast 40 Honoree Awards and Gala, a Wine Tasting Reception, a Deal of the Year event as well as an active Women’s Forum and Young Professionals group.