Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
– ARR achieves global growth of 40%+ in 2021 driven by cloud adoption
– The company strengthens the executive team with the appointment of Chief Financial Officer, SVP Sales, Global Head of Partnerships and Head of Commercial Operations
– Strong innovation roadmap in cybersecurity, sustainability and AI/ML areas
NEW YORK-(BUSINESS WIRE)-Businesses around the world are accelerating their digital transformation initiatives, resulting in huge increases for clarity, agility and stability in their business innovation programs. As a leading provider of cloud solutions for digital transformation, Orbus Software saw a record ARR growth of 40%+ in 2021, driven by a 700%+ increase in ARR in demand for its iServer365 SaaS enterprise transformation platform.
The company added more than 100 customers worldwide in 2021, reflecting the growing demand for enterprise SaaS innovation platforms. New brands joining the cloud platform include American United Insurance, Bank of Montreal, Canadian Blood Service, Christiana Care Health System, Intact Financial Corporation, Jacobs Engineering and SourceAmerica.
Due to an accelerating growth, the size of operations in North America has doubled and 60+ new hires in the past six months. To lead expansion activities around the world, the company has also appointed several new U.S. senior executives including Alex Day as Senior Vice President Sales for the Americas and Marjorie Martinez as Global Head of Partnerships.
Michael D’Onofrio, CEO, Orbus Software, commented: “Digital innovation is now a critical requirement for all business and government leaders. The last two years have completely rewritten industry policies and the demand for modern enterprise architectural solutions is rising. At Orbus Software, we are committed to helping our customers not only transform their businesses but build sustainable and resilient operations to accelerate their digital future. We will continue to invest heavily in our people, our customers, our platform and our partner ecosystem to support this rapid growth. ”
Orbus Software promises to be carbon negative by 2022 and has launched several innovation programs including cybersecurity, sustainability and AI/ML initiatives.
About Orbus Software
Orbus Software is a global enterprise software vendor and a recognized leading provider of cloud solutions for digital transformation. Our products drive alignment between strategy and implementation by using familiar Microsoft, ServiceNow and other best cloud solutions to ensure rapid enterprise adoption and market-leading innovations .
Orbus Software’s customers are primarily large, blue chip businesses and government organizations located throughout America, Europe, the Middle East and Africa and the Asia Pacific region, covering all industry verticals. The company is customer -centric at its core, and is fully committed to delivering technology innovation that greatly accelerates customer success. Examples of global customers include AstraZeneca, BP, CIB Bank, Dell, IKEA, Mastercard, New York Power, Rio Tinto, Brisbane Airport, Schroders and Saab.
https://orbussoftware.com/
Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20220209005378/en/
Media:
Claire Rowberry
[email protected]
+1 617 785 5571
Source: Orbus Software