FOLSOM, Calif., Aug. 27, 2020 /PRNewswire-PRWeb/ -- PowerSchool, a leader in education technology, announced today that CEO, Hardeep Gulati, has been recognized on The Software Report's annual Top 50 SaaS CEOs list. Gulati is ranked number five on the list of 50 SaaS CEOs and is honored as the top-ranking education software CEO within the list of prestigious executives.
The selection process was based on nomination submissions from colleagues, peers and other software industry participants and was weighed across several key areas including company performance, workplace culture, product strength and strategic decision-making.
The Software Report explained in its announcement that the awardees this year "represent highly regarded CEOs whose colleagues both internal and external to their company praise their effective leadership style."
During his five-year tenure at PowerSchool, Gulati has successfully led nine acquisitions including the most recent which is Schoology. Additionally, he has overseen the expansion of the company's workforce, which has grown from 1,000 to around 2,500 employees in just five years. With Gulati leading, PowerSchool has become a clear leader in education technology. For Gulati, leading a company that includes thousands of educators and technology specialists is a natural evolution of his lifelong commitment to harnessing the power of technology to transform lives and unlock student potential. Gulati has also been the recipient of EdTech Digest's EdTech Leadership/CEO Award and executive of the year from the Business Intelligence Group's BIG Awards for Business.
"Since becoming CEO of PowerSchool in 2015, I've put my focus on creating a suite of solutions that provide schools and districts with what they need to empower educators and improve student outcomes," said Gulati. "During this unprecedented time in education, delivering these solutions to educators and students is more important than ever before and I'm honored to continue leading the incredibly passionate and talented team at PowerSchool through this time and beyond."
The announcement comes on the heels of PowerSchool's recognition as one of the nation's fastest growing private companies on Inc. Magazine's annual Inc. 5000. With a three-year revenue growth rate of more than 200 percent, PowerSchool was among the fastest-growing K-12 education technology companies on the Inc. 5000 list. More recently, and due to the increased demand for distance learning solutions, PowerSchool has increased the number of students using its learning management system by 50 percent to 15 million students. PowerSchool supports over 45 million students representing 75 percent of students in North America who are benefiting from its solutions for remote operations and virtual talent management during this time.
PowerSchool is proud to have also been recently recognized with several other industry–leading awards, including:
- Gold Stevie Award for best P-12 Personalized Learning Solution for Schoology, PowerSchool's industry–leading learning management system
- Tech & Learning awards for PowerSchool and Schoology in the software category in their annual Awards of Excellence
- EdTech Digest EdTech Awards for PowerSchool Performance Matters, finalist for best district data solution, and Unified Talent, finalist for best hiring solution
- Overall EdTech Company of the Year, awarded to PowerSchool by EdTech Breakthrough, a leading market intelligence organization that recognizes the top companies and solutions in the global education technology market
About Hardeep Gulati
Gulati is an innovative leader and executive with more than two decades of experience leading software businesses. Gulati's passion for education and proven expertise in guiding companies through periods of growth has been instrumental to the ongoing successful implementation of PowerSchool's expansion plan. Under his leadership, PowerSchool has introduced award-winning, integrated classroom solutions, and made a lasting impact on the future of K-12 education. For Gulati, leading a company that includes thousands of educators and technology specialists is a natural evolution of his lifelong commitment to harnessing the power of technology to transform lives and unlock student potential. He brings that ethos, and his belief that a high-quality education is a fundamental right, to his leadership of PowerSchool.
About PowerSchool
At PowerSchool, we believe in the simple truth that every student deserves the best opportunities in life. That's why our mission is to power the education ecosystem with unified technology that helps educators and students realize their potential, in their way. From the front office to the classroom to the home, PowerSchool helps schools and districts efficiently manage instruction, learning, grading, attendance, assessment, analytics, state reporting, special education, student registration, talent, finance, and HR. Today, we're proud to be the leading provider of K-12 education application technology supporting over 45 million students in over 80 countries. Visit http://www.powerschool.com to learn more.
SOURCE PowerSchool
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