Sievo Achieves Record 47% Revenue Growth in 2017 | Sievo

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Sievo Achieves Record 47% Revenue Growth in 2017

Bruno Duréault

Chief Financial Officer

As we have closed 2017, here are 3 numbers we would like to share with you.

47.

47% revenue growth, year on year, in 2017. This is by far the best performance we have had in our 14 years of existence: we have more than doubled our last 5 years average revenue growth. This is an achievement we are very proud of, especially since we once again grow profitably without external financing.

113.

A hundred and thirteen employees on our payroll in December 2017, more than 50 new employees in 12 months. A hundred and thirteen dedicated, highly skilled professionals who give it all (1) demonstrating to sales leads the value of our software and bring them onboard with us, (2) who work side by side with our customers implementing our modules, (3) who accompany them in their day-to-day journey as they use and harness the power of our solutions (4) who everyday continue to develop our products and push them to the next level.

60+.

More than sixty happy customers who trust us with their procurement data and challenge us to find the solutions that will bring the most value to them. Though our churn remains very low over the year, we keep having a critical look at our products and offering to ensure we provide a top of the shelf experience.

2017 is dead, long live 2018!

As a new year starts our ambition is to go for a high revenue growth again, to maintain our profitability, and aim at our strategic goal: be the recognized leader in Procurement Analytics. To reach it, we will continue to build on our strengths: our skilled and dedicated people, our innovative and reliable products, our strong values, our demanding and respected current [and future] customers.

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