February 11, 2016
MOUNTAIN VIEW, Calif., February 11, 2016 – FusionOps, the provider of the supply chain intelligence cloud, announced a record year for business growth and innovation across all aspects of the company’s operations. FusionOps posted 2.5 times annual recurring revenue (ARR) growth for year ending 2015 compared to 2014 and an impressive surge in usage with 123% increase YOY, coming from both existing and new customers relying on the supply chain intelligence cloud to make critical decisions about their business operations.
“2015 was a hyper-growth year for us as we continued to expand worldwide and accelerate our innovation efforts to improve our customers’ businesses,” said Gary Meyers, CEO of FusionOps. “A true testament of FusionOps’ value and success is the growing reputation we have for being the single source of truth for our customers to make fast, critical decisions that improve their supply chain, and ultimately, corporate financial performance.
Strong, Growing Business for Supply Chain Intelligence
“We are entering 2016 with incredible momentum following strong performance over the past two years,” said Travis Adlman, FusionOps CFO. “The investments the company has made in technology, talent, and services set us up to continue on this impressive trajectory and, most importantly, to meet the demands of our growing customer base.”
New Product Innovations Advanced FusionOps Supply Chain Intelligence Cloud
Propelled by the need for supply chain intelligence transformed from many sources of raw data – e.g., a company’s existing ERP, finance, sales and marketing systems – FusionOps released a record number of new features and integrations in 2015:
“The extraordinary number of new features and functionality released in 2015 demonstrates how our open intelligence cloud improves time to value and business agility in a way traditional analytics and DIY business intelligence tools cannot,” said Shariq Mansoor, Founder and CTO of FusionOps. “I am incredibly proud of the work our development teams are doing to ensure FusionOps is the most reliable source of information for customers to be more responsive to the trends and opportunities their businesses face.”
Awards for FusionOps’ Cloud Innovation and Supply Chain Expertise
FusionOps was honored by the industry for its innovation and business value in 2015. The company and its leadership took home a number of awards, including,: Best Cloud Business Intelligence and Analytics finalist, Supply Chain “Pros to Know,” AlwaysOn Global 250 list for 2015, and Supply and Demand Chain Executive’s Top 100 for the impact the company has had on Columbia Sportswear.
Thousands of users worldwide rely on the FusionOps supply chain intelligence cloud as the trusted source for getting actionable knowledge about their supply chain. FusionOps provides what no other vendor on the planet can: an advanced cloud platform, embedded data science that puts advanced analytics in the hands of business users, and pre-built supply chain models specific to the supply chain that accelerate time to value.
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