Continued Cloud and ERPx Momentum Delivers Record Net New Customers for Unit4 in H1
LONDON, July 21, 2021 /PRNewswire/ -- Unit4, a leader in enterprise cloud applications for mid-market people-centric organizations, today announced results for the second quarter and the first half of 2021, ending June 30, 2021.
A New Chapter of Growth and Innovation
Unit4 continues to build out its flagship ERPx solution to enable its customers to work smarter and drive productivity across their organizations. Its 'right for your business' approach to ERP innovation has driven a strong start to the year as more customers turn to Unit4 to accelerate digital transformation efforts as economies improve. Unit4's ERPx customer count has grown to 44, including new customers in Q2 - Aurora Care, Birmingham Metropolitan College, Den Norske Krigsforsikring for Skib, and Lunar Bank A/S. Implementations are on track for customers going live before the end of the year.
Unit4 signed a record number of new name customers in H1, including Bodø Energy, Devoteam, GBS, Golden Lane Housing, Motala Municipality, Metyis, North Sea Port, Portman Travel, Parks and Resorts Scandinavia AB, Strängnäs Municipality and The Police & Crime Commissionr for Cheshire. It also completed 88 successful customer go-lives in the first half of the year.Q2 saw more focus on the customer journey, including the launch of digital chat and other self-service tools, and the expansion of Unit4's customer service and R&D teams to focus on customer success.
Experience4U 2021 Announced
X4U is designed to bring the Unit4 community together with keynotes and breakout sessions, product workshops and training, and a host of networking opportunities. This year's X4U will take the format of a two-day virtual event combined with exclusive meet-ups in select locations. Registration opens late summer.
Comments on the News:
"As technology continues to enable new processes and best practices, leveraging platforms to build additional capabilities will allow enterprises that want to be disruptors in digital transformation to build software for experimental purposes," said Holger Mueller, Vice President and Principal Analyst, Constellation Research. "Unit4 has come a long way to help its customers in their digital transformation journey and the launch of its ERPx platform has shown the company has built one of the most—if not the most—modern and complete platforms we have observed in the market."
"As we begin our next chapter in partnership with TA Associates, we are more confident than ever in our people, solutions and ability to deliver something exciting for mid-market services organizations," said Gordon Stuart, CFO at Unit4. "Our H1 results demonstrate resilience and agility with a focus on driving growth through innovation and delivering customer value. Our customers are looking to Unit4 to deliver the tools they need to run their organizations efficiently and effectively, and to deliver the critical digital transformations they are undertaking. They are also looking for software solutions that can adapt as they do in response to rapid change. As Unit4 continues to disrupt the market with ERPx it remains committed to delivering an extraordinary people experience for its customers."
Unit4's next-generation enterprise solutions power many of the world's most people-centric mid-market organizations. Our state-of-the-art cloud platform, ERPx, brings together the capabilities of Financials, Procurement, Project Management, HR and FP&A onto a unified cloud platform that shares real-time information and is designed with a powerful, people-centric approach, so employees can benefit from better insight and become more effective and increasingly engaged. It supports rapid and continuous change while delivering individualized fit for customers at scale, delivering the right tools to unify the processes across their organization, and connect their people. Unit4 serves more than 6,000 customers globally including, Bravida, Havas, Migros Aare, Americares, Save the Children International, Action against Hunger, Metro Vancouver, Forest Research, Southampton City Council, Habitat for Humanity, Selkirk College, FTI Consulting, and Surrey County Council.
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