Qmarkets Reports Record Revenue Growth in Q2 2014
Qmarkets continued its strong business performance from Q1 2014 and reported a record revenue growth during the second quarter of 2014. Qmarkets revenue growth is a result of a 120% increase in new customer acquisition during the first half of 2014 and significant growth in the overall number of users that access the Qmarkets idea management platform on a worldwide basis.
- (1888PressRelease) July 17, 2014 - Qmarkets, leading provider of cutting-edge collective intelligence and idea management software, continued its strong business performance from Q1 2014 and reported a record revenue growth during the second quarter of 2014. Qmarkets revenue growth is a result of a 120% increase in new customer acquisition during the first half of 2014, as well as unprecedented renewal and growth from existing customers.
"We have experienced an outstanding growth so far this year, and I believe this is only the beginning" said Noam Danon, CEO & Founder of Qmarkets. "We are executing on our core mission: to provide the most flexible innovation software that delivers true benefits and measurable value to our clients by capturing the collective genius within organisations and groups of any size. This puts us in an excellent position to continue our momentum through the rest of 2014 and beyond."
Qmarkets has also grown significantly in the overall number of users that access the Qmarkets idea management platform on a worldwide basis as a result of an increase of 150% during 2013 in global rollouts for customers with over 30,000 employees. The Qmarkets platform enables customers to easily implement, manage & track their very specific innovation process from end to end - from the stage of gathering ideas, through evaluation and screening of the information, until the best ideas are recognized and implemented.
"At Qmarkets, we understand that a successful innovation process requires careful planning and strategy. We also realize that each organization has its own innovation culture and processes" said Michael J Stigler, Qmarkets SVP Sales and BD. "For this reason, we invested and will continue to invest huge efforts in developing a flexible platform, that each company can easily configure according to its' exact requirements and needs. The success of our unique approach is evident in our record-breaking revenue and client growth."
About Qmarkets
Founded in 2006, Qmarkets is a leading provider of collective intelligence and idea management software. Qmarkets' flexible award winning platform helps organizations of all sizes manage collaborative innovation processes and improve business results, while engaging their employees, customers and partners.
In addition to idea management & innovation management software, Qmarkets offers a broad suite of collective intelligence tools, including CrowdVoting, collaborative process improvement, prediction markets and live workshops software, that enable companies to allow different stake holders take part in strategic decision making processes.
In 2013 Info-Tech Research Group, the fastest-growing North American IT analyst firm, has awarded Qmarkets with all 3 awards in its annual Innovation Management Software Landscape Report.
For information about Qmarkets, please visit www.Qmarkets.net.
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