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Liaison Technologies Shatters Company Revenue Records in 2017 Thanks to ALLOY Platform's Strong Marketplace MomentumATLANTA, Feb. 8, 2018 /PRNewswire/ -- Liaison Technologies, a recognized leader in cloud-based integration and data management solutions, today announced that the company achieved record-breaking revenue growth in 2017, primarily driven by the strong marketplace performance of its innovative Liaison ALLOY® Platform. Revenues generated from the Liaison ALLOY Platform grew by triple digit percentage year-over-year, making the ALLOY Platform the growth engine of the company. Top-tier companies chose Liaison based on the platform's advanced data integration and management capabilities, ability to reduce data complexity and comprehensive data security and compliance features, which position customers for digital transformation. Due to the success of the ALLOY Platform, recurring revenue now represents a healthy 79% of Liaison's annual revenues.
As the first quarter of 2018 unfolds, the ALLOY Platform continues its strong growth trajectory. Liaison reports that the company closed a major agreement with a key customer operating in Europe that will go live during the first quarter. Last year, Liaison extended the full scope of its solutions via the ALLOY Platform into Europe, and the market responded with increased demand for the platform, which allows users to consolidate, cleanse and enrich data from multiple sources while meeting stringent global and regional privacy and security standards. "Our ALLOY Platform helped us break previous company revenue records last year, and we expect that trend to accelerate in 2018 — ALLOY-related opportunities currently represent approximately 75 percent of our pipeline in the U.S.," said Joost Rutten, CFO. "Business leaders today understand that their success depends on maximizing the value of data, so they are looking for solutions that enable them to eliminate data silos, manage the complex integrations required for digital transformation and refocus IT professionals on more strategic tasks." Liaison Technologies Recognized as Industry Innovator, Thought Leader As customers increasingly focus on digita transformation, the ALLOY Platform's advanced capabilities have been recognized as breakthrough technologies that can directly enable transformation goals. Independent research firm Forrester recently recognized Liaison as a "Strong Performer" in its report, "The Forrester WaveTM: Operational Intelligence for B2B Integration, Q1 2018." Liaison was selected as one of only eight vendors highlighted, and the report focused on the Liaison Enterprise Navigation System (LENS), a key component of the ALLOY Platform. In addition, the MarketsandMarketsTM analyst group recognized Liaison as a "Visionary Leader" in the hybrid integration platform market in its "MicroQuadrant Competitive Leadership Map," citing a strong portfolio that includes the ALLOY Platform and Liaison's business strategy excellence. The Liaison ALLOY Platform also won the "2017 Database Trends and Applications Readers' Choice Award" and was featured in a special section of that publication. ALLOY Platform Innovations Drive Hypergrowth in the Digital Transformation Era Built from the ground-up to recognize all patterns of data, the ALLOY Platform evolved in 2017 to meet emerging demand. Liaison rolled out ALLOY Launcher in 2017, a single sign-on feature that provides access to all ALLOY data integration and management capabilities as well as third-party data applications, similarly to the way smartphone screens grant users access to multiple apps. Earlier last year, Liaison obtained Payment Card Industry Data Security Standard (PCI DSS) v3.2 certification and is included in the Visa Global Registry of Service Providers as an early adopter. Liaison continued to lead the market in data regulatory compliance with the ALLOY Platform, meeting the most rigorous requirements set by global security and privacy regulatory entities. Liaison is also addressing new frameworks such as GDPR, which goes into effect in May 2018. Last year, Liaison embedded ECS integration technologies into its ALLOY Edge on-premises solution to create a bridge to the cloud. Serving the small to midsized business market via its Value-Added Reseller community, Liaison upgraded its on-premises solution to help users meet today's data integration and management challenges while providing access to the ALLOY Platform to future-proof operations and maintain a competitive advantage. Learn more about the groundbreaking ALLOY Platform at www.liaison.com/liaison-alloy-platform. ALLOY® is a registered trademark of Liaison Technologies. About Liaison Technologies MEDIA CONTACT:
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