SimplyCast Achieves Impressive Q1 Growth
2 min read
Marketing automation users have grown by over 650% from Q1 of last year.
The Partnership Program has achieved growth of 310% since Q1 2014.
Automation customer retention rate is at 100% as of the end of March 2015.
Dartmouth, Nova Scotia, May 12, 2015 - SimplyCast.com, a global leader in multi-channel marketing Platform-as-a-Service solutions, is excited to announce high growth rates for Q1 2015.
In the first quarter of 2015, SimplyCast has seen great success with its flagship 360 marketing automation product. 360's user base has grown by over 650% compared to Q1 2014.
SimplyCast has seen strong performance from its Partnership Division, which has achieved unit revenue growth of 310%. Our partners are also seeing increased success as a direct result of the continued growth targeted enhancements that our developers have made to the application. Individual partners have seen their platform growth doubling month over month, with strong indications of growth that will continue for the next year.
SimplyCast is also able to report that it has succeeded in improving its customer retention rate. The automation customer retention rate improved to 100% in March 2015, hitting a new company record. Satisfied customers help ensure that the quarterly growth targets continue to be met and exceeded.
"We are very pleased with our Q1 results. Our flagship product SimplyCast 360 continues to gain new users and our partnership division is seeing triple-digit growth," said Saeed El-Darahali, President and CEO. "Our team has worked hard to improve customer satisfaction and retention. All our efforts are paying off."
SimplyCast has continued to expand its head office staff during Q1, including its development and human resources teams. SimplyCast is expecting to continue hiring for all positions. In the past few weeks, there have been additional employees added to the Sales, Marketing, Research and Development teams.
The SimplyCast team could have located anywhere in the world, but chose "Silicon Dartmouth." SimplyCast has exceeded its ambitious revenue targets for the first quarter and has grown revenues substantially compared to the first quarter of 2014. With growth continuing into the first part of Q2, SimplyCast expects to continue to post strong quarterly results for the foreseeable future.
SimplyCast.com is a leading provider of interactive and multi-channel communication software for organizations worldwide. The company's 360 Customer Flow Communication Platform is a feature-rich solution combining marketing automation, inbound marketing, and interactive communication. With customers in over 175 countries, including many of the most recognized brand names around the globe in retail, non-profit and hospitality industries, SimplyCast provides organizations the ability to effectively reach customers on their preferred mode of communication.
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