Board International Continues Strong Growth in Second Quarter 2021 | Business
CHIASSO, Switzerland and BOSTON – (BUSINESS WIRE) – July 20, 2021–
Board International, the all-in-one decision-making platform provider, today announced a strong performance in the second quarter of 2021, reaching a 45% increase in ARR in the past 12 months.
The company saw robust growth levels in the second quarter of 2021, which included a 58% increase in new ARR software orders compared to the same quarter last year, contributing to a 69% increase in the first half of 2021. Board has more than 3,000 customers worldwide and welcomed 54 new brands in the second quarter of 2021, including Jhpiego, Zentiva, Evergreen Environmental and Luye Pharma. In addition, the Council recorded a net retention rate of 114%.
During the second quarter of the year, the board announced the arrival of Marco Limena to its board as a non-executive director and senior advisor. The company has also hired more than 125 people since the start of the year, increasing its employee base by 15% to a total workforce of 500 in 25 countries. These new hires include a variety of industry leaders and experts, including Mr. Christof Majer as Global Vice President of Alliances and Channels, who will lead partners’ business strategy, and Mr. Marcel Doppenberg as Sales Director for the Benelux region, which will stimulate local growth.
On April 28, Board released Board Spring 21, the latest version of its industry-leading decision-making platform. The new version represents a milestone in the evolution of Board technology and gives organizations access to supercharged performance, unmatched flexibility, rock-solid reliability and seamless upgrade from versions. previous ones. Board continues to replace old applications and spreadsheets, ushering in a new era of decision making, helping businesses succeed in an ever-changing reality through greater planning agility and more accurate information.
During the second quarter, Board also continued to strengthen its position as a leading provider of unified business intelligence, planning and predictive analytics, and its value proposition received close attention from analysts. Board International was recognized in March 2021 as Gartner Peer Insights Customers’ Choice for Cloud Financial Planning and Analysis (FP&A) Solutions, confirmed as a market leader with the best portfolio planning and analysis capabilities integrated by BARC , and named a Leader in Customer Experience and Supplier Credibility Models in Dresner Advisory’s 2021 Wisdom of Crowds Market Research for BI and EPM.
“I am very proud of these results, for which I would like to congratulate the entire team of the Board of Directors. Our flexible, all-in-one decision-making platform gives organizations a significant competitive advantage. It is the perfect choice for functional planning needs and also for achieving the ideal state of unified planning across the enterprise, ”comments Maurizio Carli, CEO of Board International. “In the second half of the year, we will continue to focus on product innovation to improve our customer experience and meet growing market demand. “
About the Board
Board is the # 1 decision-making platform. Founded in 1994, Board International empowers people to have a transformative impact on their businesses, helping them intuitively operate their data in a flexible, all-in-one environment. By unifying business intelligence, planning, and predictive analytics, the Board platform enables businesses to produce a single, accurate, and comprehensive view of business information, gain actionable insights, and gain control. total performance across the organization. Through Board, global companies such as M&S, Coca-Cola, Ricoh, KPMG, Puma, Siemens and ZF Group have deployed end-to-end decision-making applications at a fraction of the time and cost associated with traditional solutions. www.board.com
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SOURCE: International Consulting
Copyright Business Wire 2021.
PUB: 07/20/2021 10 a.m. / DISC: 07/20/2021 10:01 a.m.
Copyright Business Wire 2021.