M-Files has announced that the company has been named a winner in the Company of the Year category of Business Intelligence Group's BIG Awards for Business, with M-Files Founder and CEO Antti Nivala also being named a winner in the Executive of the Year category.

Now in its 11th year, the BIG Awards for Business is a diverse industry awards program that provides organizations, their products, people and tactics with the opportunity to be globally acknowledged by a panel of notable business experts and leaders. The Company of the Year accolade recognizes the M-Files knowledge work automation platform for its ability to revolutionize how knowledge workers operate, empowering them to eliminate information chaos, improve process efficiency and accuracy, and reduce business risk.

In addition, Nivala's distinction as Executive of the Year is a testament to his steadfast leadership and pragmatic growth strategy, which enabled M-Files to join an elite group of privately held SaaS companies that have reached "Centaur" status by exceeding $100 million in annual recurring revenue (ARR) in 2023. Under Antti's guidance, M-Files is creating a new work paradigm by providing an end-to-end solution that delivers a 294% ROI over three years, according to a commissioned study conducted by Forrester Consulting on behalf of M-Files in August 2023.

"M-Files is truly honored to be acknowledged as a trailblazer in knowledge work automation, empowering knowledge workers across the globe to work smarter," said Justin Kim, CFO and COO, M-Files. "Our success is a testament not just to the impact of our knowledge work automation platform, but the visionary leadership of Antti Nivala that has propelled M-Files to new heights within the competitive SaaS landscape."

"In the spirit of achievement and excellence, we congratulate M-Files and Antti on their outstanding success in 2023," said Maria Jimenez, chief nominations officer, Business Intelligence Group. "Their victory exemplifies the highest standards of innovation and business acumen. Kudos to all the winners who have demonstrated unparalleled excellence, collectively shaping the future of business. May this recognition inspire continued greatness in the years to come."