[March 01, 2017] |
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EasyVista Posts Strong FY'2016 Earnings Growth With Robust SaaS Sales; Investor Confidence Propels Aggressive Innovation and Market Expansion
EasyVista Inc., a leading provider of service management for IT
organizations, today announced that its 14% increase in revenue growth
in 2016 was driven by vigorous SaaS sales, continued product innovation
and deeper penetration in strategic vertical markets. This acceleration
was fueled in part by the company's $8.4M
private placement, which was earmarked for continued expansion in
North America, especially for EasyVista's SaaS-based IT service
management solutions.
Financial Highlights
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FY'2016 Total Revenue Growth: 14% increase over FY'2015
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FY'2016 SaaS Global Revenue: 24% increase over FY'2015
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FY'2016 SaaS North America Revenue: 38% increase over FY'2015
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FY'2016 Licenses Revenue: 20% increase over FY'2015
New Customers and Engagement in H2'2016
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Strategic verticals: The company saw growth in strategic
vertical markets, including higher education, healthcare and financial
services.
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Key customer wins in North America: American Red Cross;
Clark County, Washington; Corizon (News - Alert) Health; Dixon Hughes Goodman; Dunne
Manning; Golden Valley Health Centers; Kellogg School of Management;
Oregon Public Utility Commission; Penn National Gaming; and Quantum (News - Alert)
Health.
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Key customer wins in Europe:
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France: Académie de Bordeaux; Autodistribution; Conseil
Départemental Loire Atlantique; Digital Dimension; EDF Energies
Nouvelles; Grant Thornton (News - Alert); Ordre des Avocats; Mairie de
Versailles; Sopra RH; and Yvelines Le Départment.
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Southern Europe: Automóvel Club de Portugal; Banco BIG; BNP
Paribas Cardif; Centro Hospitalar Tondela Viseu; Galletas Gullón;
Rede Eléctrica Nacional; and SPMS.
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Customer adoption of mobile apps: There was a 17%
increase in the number of end users requesting service via EasyVista's
innovative service apps.
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Customer community growth: EasyVista's EV Connect online
customer community crossed the 500-member mark and its EV Connect
annual user conference doubled its attendance over 2015.
Product Inovation
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Service Apps: Product enhancements were made to help
companies detect and resolve the root cause of service issues and
accelerate the creation of service apps.
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Integrations: New connectors were introduced for IT
operations and development solutions such as Splunk (News - Alert), Trello, FreshDesk
and BugZilla. The company also introduced rest-based integration
builders so companies can create custom integrations to other
applications.
Industry Recognition
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Gartner (News - Alert) Magic Quadrant: EasyVista was again recognized
on the Gartner Magic Quadrant for IT Service Support and Management
Tools, one of only 10 companies to be included from among the 450+
ITSM companies in the market.
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Gartner Peer Insights: EasyVista received an average
score of 4.7 (out of 5 possible) by IT end user customers on Gartner
Peer Insights.
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Security Audit: EasyVista became one of very few to earn
the coveted independent audit (SSAE-16 Type 2), underscoring its
commitment to safe, secure ITSM in the cloud.
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"2016 HOT in New York": EasyVista won Owler's "2016
HOT in New York" award, an honor received by only 4,500 companies
out of 15 million total company profiles.
Leadership
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Corporate Expansion: Vincent Migayrou joined as CFO to
support continued global growth. A seasoned executive, Migayrou brings
deep knowledge of growing global technology companies with SaaS and
on-premise business models.
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Regional Sales Expansion: Gary Mellot joined as Vice
President of Sales-Western Region, to drive aggressive growth in North
America. Mellot brings extensive experience in the ITSM market and in
business strategy and channel development.
"We're excited to see yet another six-month period where customer demand
is driving our success in providing leading mobile apps and SaaS
solutions," said Sylvain Gauthier, EasyVista co-founder and CEO. "We are
gratified by our customers' high ratings for our product and confidence
in our vision, as well as our new investors whose backing will drive
extensive innovation in the months ahead."
About EasyVista
EasyVista is reinventing service management for the mobile user - making
it easy to deliver and easy to use. EasyVista is a service management
platform that automates and personalizes service delivery for employees
and other end users - without a single line of code. The only solution
on the market that is purpose-built as a mobile-first experience,
EasyVista helps 1,000+ enterprises around the world radically improve
the service experience, dramatically simplify and accelerate service
creation and management and reduce and control the total cost of service
delivery. With more than 20 years in service management, EasyVista
serves companies across a variety of industries, including financial
services, healthcare, higher education, technology, public sector,
retail, manufacturing and more. Headquartered in Paris and New York,
EasyVista is traded on the French stock exchange as ALEZV:EN.
For more information:
View source version on businesswire.com: http://www.businesswire.com/news/home/20170301005480/en/
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