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UNIT4 announces record 70% growth in SaaS bookings

Zafar Anjum | Jan. 15, 2015
Plans to enhance product and services for accelerated growth

UNIT4 has announced record growth in 2014 reporting an increase in SaaS bookings of more than 70% with SaaS revenues exceeding perpetual license revenues, the software company announced on 13 January.

Together with this, UNIT4 continued growth in perpetual licenses, making it one of the fastest growing global enterprise software companies, a company announcement claimed.

 "The Company's 2014 results clearly demonstrate that our team is embracing our change agenda and executing it successfully," said Jose Duarte, CEO of UNIT4.

The company said it has plans to launch additional strategic initiatives in 2015 that will further add to its growth and capitalize on the SaaS market opportunity that is driven by the developing subscription economy.

The next phase of UNIT4's growth will capitalize on its increasing global scale, market leading usability ratings, deep knowledge of the services and government sectors, and strong financial backing, the announcement said. In addition, UNIT4 also plans to enlarge its ecosystem by launching a global partner program offering new business opportunities for partners to extend the company's sales and delivery capabilities.

"Our solutions along with our ability to deliver a great customer experience on a global scale will challenge the status quo, positioning the new UNIT4 as the alternative of choice for public and private services organizations across the world," added Jose Duarte.



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