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MRI Software Announces a Year of Record Growth in Revenue, Business Wins and Partners, Extending its Footprint in Key MarketsSOLON, Ohio, Mar. 5, 2019 /PRNewswire/ -- MRI Software ("MRI"), a global leader in real estate software solutions, announces major growth in revenue, new business and its partner network during 2018, when it also extended its reach through a series of strategic acquisitions. In addition, MRI welcomes the recent appointment of Chief Financial Officer Bruce Duner, who joins the company after serving in senior roles at a number of leading technology providers. The announcements come as MRI prepares to showcase its comprehensive and connected suite of solutions at MIPIM 2019, the premier global property event, running March 12-15 in Cannes, France. "2018 was a banner year for MRI, continuing a pattern of rapid growth, reinforced by key strategic acquisitions that further our ability to help real estate organizations use new technologies to meet their changing needs, differentiate themselves in the market and gain a competitive edge," says Patrick Ghilani, MRI Software's Chief Executive Officer. "We continue to innovate while finding partners and acquisition targets that add value and choice to our existing offering." Strong growth across the board The company also underlined its commitment to maintaining an open and connected ecosystem of real estate technology providers, bolstering its extensive Partner Connect network with 21 new additions during 2018, bringing the total to 142 partners. The continuing value of MRI's partner network to its clients was demonstrated by the fact the company created 75 new technology integrations with partners and recorded 192 million data exchanges between clients and partners in 2018 – up from 80 million the year before. "Adding partners to our already extensive network allows us to widen the scope of choice we can offer clients," notes Ghilani. "We believe that real estate businesses can make even better use of MRI's software if we can provide a truly open platform that enables them to tailor their systems and move fast in employing technologies that open new markets and services. Our partnerships go far beyond simple interface connectivity, offering our clients an industry-leading level of integration – taking them towards a singular client experience and true enterprise software interoperability." New CFO brings valuable experience "With more than 30 years' experience creating and transforming business strategy into financial and operationl success in technology and enterprise software, Bruce has the leadership track record we need to meet the continually growing demands of our global business," Ghilani says. Duner says he is joining MRI at an exciting time for the business: "We are seeing tremendous potential in the real estate technology market for innovation and growth and, thanks to a strong team, MRI is already showing huge business momentum – rapid growth, new business wins, shrewd acquisitions and an innovative partner program. All this enables MRI to remain focused on continued profitable growth, built on a very healthy foundation of more than 85% of recurring revenue." Building with six new strategic acquisitions
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To learn more about MRI's solutions, its latest innovations, as well as its partnership network and its open and connected approach, come visit Stand R7.C13 at MIPIM 2019, or email [email protected]. About MRI Software MEDIA CONTACT: View original content to download multimedia:http://www.prnewswire.com/news-releases/mri-software-announces-a-year-of-record-growth-in-revenue-business-wins-and-partners-extending-its-footprint-in-key-markets-300806548.html SOURCE MRI Software |