ProdataKey Named to MountainWest Capital Network's 2023 Utah 100 for Eighth Consecutive Year
ProdataKey (PDK), manufacturer of a leading cloud access control platform built for mobile, announced that the company has once again been named to the Utah 100, MountainWest Capital Network (MWCN) 's annual list of the fastest-growing companies in Utah. 2023 marks the eighth consecutive year that ProdataKey has been designated with this elite status.
This year, ProdataKey ranked No. 69 out of 100 companies. The annual Awards Event pays tribute to the state's fastest growing and most exciting companies, representing a cross-section of industries. Honorees were chosen based on their percentage and dollar revenue increase between 2018 and 2022.
Building upon the successful launch of its Red-branded OSDP-compliant, multi-technology readers, controllers, and credentialing options in 2021, PDK has continued to expand the line with new offerings and features. Multiple industry awards, including the 2022 ADI New Product of the Year, reflect the company's leadership position in the marketplace. New integration partnerships and a devoted, distribution channel of PDK evangelists have paved the way for dominance within key verticals, including multi-tenant residential, K-12, corporate campuses, cannabis operations, and fitness centers.
Evan Tree, ProdataKey CEO, spoke on behalf of the company at the awards luncheon celebrating the Utah 100 honorees. "We thank MWCN for this valued recognition among the Utah 100. I wish every member of our organization could be here today, as they all deserve acknowledgement for their invaluable contributions and tireless efforts. I am proud to be part of such an amazing team. I'd also like to thank our loyal partners who promote, sell, and support our solutions. We would not be here without you."
"Many Utah companies are thriving thanks to the state's outstanding environment for conducting business, and the organizations on this year's list reflect that potential," said Jason Roberts, chair of the MWCN Utah 100 Committee. "They have shown a remarkable capacity for delivering value to their customers while remaining agile as they navigate national economic challenges."
Honorees in the Utah 100 are ranked according to a weighted average revenue calculation of percentage and dollar growth over five years.