UNIT4 announces record 70% growth in SaaS bookings
Posted by Emma Keates
UNIT4 announces record 70% growth in SaaS bookings and plans to enhance product and service excellence for accelerated growth Highlights include:
- Continues to win market share in the enterprise software market with record growth in 2014
- Reinforces global strategy designed to accelerate product development and customer service excellence
UNIT4, the global leader in software that supports business change, today announced record growth in 2014 reporting an increase in SaaS bookings of more than 70% with SaaS revenues exceeding perpetual license revenues. At the same time UNIT4 continued growth in perpetual licenses. This makes UNIT4 one of the fastest growing global enterprise software companies. Early last year, UNIT4 strengthened its leadership team and announced an ambitious strategy. “The Company’s 2014 results clearly demonstrate that our team is embracing our change agenda and executing it successfully,” said Jose Duarte, CEO of UNIT4.
Additional strategic initiatives are planned in 2015 that will further increase the growth and capitalize on the SaaS market opportunity that is driven by the developing subscription economy.
“In today’s subscription economy, customer success is the new currency,” said Jose Duarte. “Our software is already recognized as one of the most flexible and user-friendly but we aspire to further distance it from our competitors’ offerings. Great technology should generate better user adoption, which is why we are focusing increased investment on R&D and service excellence. As a result, our clients will enjoy the benefits of market leading technology, coupled with unparalleled service levels, provisioned by UNIT4 and its ecosystem.”
To read the full press release please click here.