Address: 1110 N. Old World Third St., Milwaukee
Year founded: 2009
Product or service offered: 7Summits specializes in social business strategy and planning, social marketing and outreach, customer and employee-centric communities, and socially-enabled business processes. The company combines strategic, creative and technological talent with deep expertise in social business and analytics. 7Summits is also now offering pre-built solutions like its social intranet offering to help speed up time-to-value for clients.
Projected 2014 revenue: Not disclosed.
Chairman and CEO: Paul Stillmank
Target clientele: Fortune 1000, Global 2000, SMB and mid-market fast movers. Industry focus on higher education, health care, health care services, software and high technology, industrial products, financial services, B2B and B2C companies.
What has fueled your company’s growth? “Delivering business value for our clients has led to tremendous repeat business and case studies, which are driving net new business. Also, having a national and international focus, we are seeing strong client activity on both coasts and now in Canada and Europe.”
What is the biggest obstacle to your company’s growth? “Like any rapidly growing company, 7Summits’ challenges revolve around attracting and on-boarding talent fast enough to meet the needs of our clients. We continue to formalize the process, systems and content to help develop strong, experienced Sherpas that can help our clients ascend to new heights quickly and safely.”
Do you plan to make any changes in your company in the coming months? “7Summits is continuing to add new partnerships with top-tier social technology companies, like our newly formed partnership with Salesforce.com. We also received a growth equity investment from Sverica International this past year, and are now focused on bringing new solutions to market that target improving key business processes for specific industries through online communities and collaboration. These solutions offer our clients the opportunity to realize benefits more quickly.”
Who are the business people, locally or nationally, whom you admire? And what traits do those people exhibit that make you admire them? “Warren Buffett, for his entrepreneurial and contrarian philosophy toward business.”
What is the outlook for the business conditions of your industry over the next several months? “McKinsey Global Institute recently released a report confirming the business value that is being unlocked through social technologies. 7Summits expects to see continued strong demand for all of our solutions because they all provide very tangible results.”
What is your company’s most important growth strategy right now? “7Summits’ primary growth strategy revolves around providing our clients with more and more pre-packaged solutions targeted at those areas of their business that matter most.