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Fast Company recently announced its sixth annual Best Workplaces for Innovators list, honoring organizations and businesses that demonstrate an inspiring commitment to encourage and develop innovation at all levels. Island is a finalist on the Enterprise Products and Services list for its “Islands of Innovation” organizational model.

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Island made Fast Company’s Sixth Annual List of the Best Workplaces for Innovators in Enterprise Products and Services (Graphic: Business Wire)

The 2024 Best Workplaces for Innovators list ranks 100 winners from a variety of industries, including entertainment, biotech, consumer packaged goods, marketing, education, healthcare, and many more. To earn Best Workplaces for Innovators recognition, all of this year’s winners (as well as dozens of additional finalists that appear online) completed an application that addressed questions about projects, investments, company wide programs, and workplace culture. Fast Company editors evaluated every application and conducted additional research to generate a score for each company. A separate judging panel then reviewed the top 125 companies to reach a consensus on the overall winner. Applications for specific categories were judged solely by Fast Company editors.

“Innovation thrives at Island because we deeply understand our customers and their needs,” said Island Co-founder and CEO Mike Fey. “This allows our world-class engineers to focus on solving the toughest IT challenges with an organizational structure that allows them to move incredibly fast.”

The “Islands of Innovation” model empowers engineering teams to operate like independent startups with their own funding, leadership, and deliverables. Each engineering island is empowered to own their product — including market research, cutting-edge feature development, and direct product delivery to Island customers. In the end, this model produces a dramatically more impactful result, with each team and product becoming a force multiplier for Island’s product quality and customer satisfaction. Island also organizes internal mini-conferences and learning opportunities to industry-leading innovators to further advance a culture of continuous learning.

Island’s success is reflected in its recent $175M Series D financing, which doubled its valuation to $3 billion in less than a year, signaling an exciting trajectory for both the company and its employees. As the pioneer in enterprise browsers, Island has redefined how businesses manage security, IT modernization, and productivity by embedding these essential functions directly into the browsing experience. This groundbreaking solution benefits everyone — from business leaders to end users — by offering secure access, enhanced productivity, and reduced costs.

“Innovation is a global priority that cuts across all industries, and this year’s list reflects that diversity,” says Brendan Vaughan, editor in chief of Fast Company. “The top ten features four companies headquartered outside of the U.S. and includes representatives from technology, advertising, finance, biotech, pharmaceuticals, ecommerce, and the nonprofit sectors.”

To see the complete list, go to https://www.fastcompany.com/best-workplaces-for-innovators/list.

Fast Company’s Best Workplaces for Innovators issue (Fall 2024) is available online now, and the print issue will be on newsstands beginning September 17, 2024. Join the Best Workplaces for Innovators conversation using #FCBestWorkplaces.

About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.

About Island

Island created the enterprise browser – embedding advanced security, IT and network controls, data protections and application access into the browsing experience users expect. Island is led by enterprise security and software technology veterans who are reimagining the future of work for the world’s largest, most dynamic enterprises. Island is backed by top investors including Coatue Management, Insight Partners, Sequoia Capital, Cyberstarts, Stripes, Cisco Investments, Georgian, Prysm and Canapi. Island is based in Dallas with research and development in Tel Aviv and can be reached at info@island.io or (866) 832-7114.

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