Hang on tight, we have something exciting to share! We are excited to announce a 31% increase in GAAP revenue for fiscal year 2017. We are also happy to share that we recorded a 447% increase in operating income in the same period.
Our B2B Integration tech is booming, and it’s indicated in this steady increase in traction backed by robust go-to-market strategy and faith our customers have in our technology.
Our signature product, Adeptia Connect, played an increasingly important role in fueling this record fiscal growth. The enterprise class solution provides the right infrastructure in place for mission critical B2B and integration use cases. It is the right solution for wider businesses that need real-time data exchange capability in a complex IT network of customers and partners.
Leading industry players, including many Fortune 500 companies, are using Adeptia to make their business processes more efficient by automating repetitive tasks, reducing elongated development cycles, and freeing up IT to focus on driving innovation.
Underscoring the growth, Lou Ennuso, CEO, Adeptia says “Adeptia's growth speaks to the need for businesses to respond more quickly to dynamic market conditions." He further adds “Our customers want to turn the fear of digital disruption into a competitive advantage with a clear path to achieving their business goals and make it easier for their customers to do business with them."
Our integration solutions enable partners, business users, and IT to succeed with their modernization initiatives. It helps them to collaborate and self-manage integrations with cloud, on-premise applications, databases, and APIs.
Our continuing focus is on keeping Adeptia Connect ahead of the curve with game changing technological innovations that will drive more value for our clients. You can read our announcement in detail over here.
We look forward to another year of innovation and customer success.