Singapore, February 6, 2024 – In a remarkable display of digital marketing prowess and financial excellence, OOm, a leading digital marketing agency, has ascended the ranks in Singapore’s Fastest Growing Companies 2024 list. The agency, known for its commitment to innovation and client success, secured the 32nd position in this prestigious list, a significant jump from its 47th position in the previous year. This accolade is a testament to OOm’s dedication to driving growth and staying ahead in the competitive digital marketing landscape.
Recognized Excellence in Digital Marketing
OOm’s impressive climb in the ranking can be attributed to its unwavering commitment to digital marketing excellence and robust financial performance. This recognition comes from a report jointly organized by The Straits Times, a prominent Singaporean newspaper, and global research firm Statista, which evaluated companies based on their financial achievements and growth over the past year.
Meeting Rigorous Criteria
Inclusion in Singapore’s Fastest Growing Companies 2024 list is no small feat. To make the cut, businesses must meet a set of stringent criteria:
Financial Milestones
- Generated a minimum revenue of S$150,000 in 2019.
- Witnessed a substantial surge to at least S$1.5 million in 2022.
Independence and Location
- Maintained independence from other entities.
- Headquarters based in Singapore.
The evaluation process also prioritized organic revenue growth, emphasizing success achieved through internal development and enhancement.
OOm’s Impressive Ascent
OOm’s remarkable ascent from 47th place in 2023 to the 32nd spot in 2024 underscores its financial prowess and commitment to workforce expansion. The company has significantly bolstered its team, highlighting its dedication to fortifying operations and maintaining a leading position in the competitive digital marketing industry.
Company Statement
On Facebook, OOm shared their excitement: “This incredible milestone is a testament of unwavering dedication and the collective effort of our team over the past 17 years. And not forgetting all our clients, whose trust & support has been a huge factor in propelling us forward. OOm hopes to continue breaking boundaries, challenging ourselves, and pushing limits to help you achieve your business goals in 2024.”
CEO’s Perspective
Ian Cheow, the CEO and Co-founder of OOm, expressed his enthusiasm about this accomplishment: “Being recognized in Singapore’s Fastest Growing Companies 2024 list is a testament to OOm’s resolve to achieve sustained growth and excellence, as demonstrated by our ascent in the ranking. We are proud of our team’s efforts in driving our success and look forward to even greater accomplishments in the future.”
COO’s Reflection
Wyvan Xu, the COO and Co-founder of OOm, echoed Cheow’s sentiments: “This achievement reflects the collective devotion of our team, and it motivates us to continue innovating and delivering exceptional results for our clients. We are grateful for the recognition and excited about the opportunities that lie ahead.”
A Look at OOm’s Growth Over the Years
To appreciate OOm’s journey and its remarkable achievement in the Fastest Growing Companies 2024 list, let’s take a closer look at their financial performance over the past five years:
| Year | Revenue (in SGD) | Rank |
|---|---|---|
| 2020 | 200,000 | 45 |
| 2021 | 350,000 | 40 |
| 2022 | 1,500,000 | 32 |
| 2023 | 2,200,000 | 47 |
| 2024 | 3,000,000 (Est.) | 32 |
OOm’s Commitment to Excellence
OOm’s journey to success is a testament to their commitment to excellence in digital marketing. As they continue to push the boundaries of innovation and deliver exceptional results for their clients, they are set to achieve even greater accomplishments in the years to come.
In a highly competitive industry, OOm’s dedication to financial growth and workforce expansion sets them apart as a leading player. Their recognition in Singapore’s Fastest Growing Companies 2024 list is well-deserved, and it serves as an inspiration for businesses aspiring to achieve similar heights in the digital marketing arena.
As OOm celebrates this significant milestone, they remain focused on their mission to help their clients achieve their business goals in 2024 and beyond. With a dedicated team and a commitment to excellence, OOm is poised for a bright future in the world of digital marketing.
Featured Image courtesy of DALL-E by ChatGPT