Icertis reports explosive revenue growth and rapidly expanding customer base in 2012

January 22, 2013, Pune, India: Icertis, the leading provider of enterprise solutions in the Microsoft cloud, announced record growth in 2012 fueled by product innovation and new customer acquisition.

Key highlights of 2012 include:

  • Icertis added ten new customers across its portfolio of offerings. The customer additions are from various industry verticals, which are successfully using Icertis products to solve their contracting, supply chain execution, and ERP-surround challenges.
  • Icertis Transportation Management Product received Innovative Software Solution in Transportation award at the 6th ELSC conclave in Mumbai. The award is a recognition of how Icertis has successfully applied the cloud to reimagine cargo transportation, people transportation, and fleet management software.
  • Icertis team strength reached 200 members, and the company is profitable and cash flow positive – a continued validation of its unique strategy.

“It has been an extremely successful year of growth and customer additions at Icertis” said Samir Bodas, CEO and Co-founder, Icertis. “We launched two ground breaking ERP-surround products Icertis Contract Management and Icertis Transportation Management – on Windows Azure to much customer and analyst acclaim. Our laser focus on the Microsoft cloud blended with ERP-surround enterprise solutions continues to pay rich dividends.”

Speaking on the occasion of Icertis completing a very successful year, Rajesh Narang, Vice President Legal & Company Secretary, MindTree said, “”Icertis’ unique approach to bulding software is evident in its Contract Management product. Managing complex contracts across all our business units and getting one single view of various contracts was very important to us. MindTree selected Icertis Contract Management solution based on its end-to-end functionality, ease of use, and quick time to deployment. Their product will help take our contract management processes to the next level.

About Icertis:

Icertis is the leading provider of enterprise solutions in the Microsoft Cloud. The companys cloud-native products and services address specific enterprise business needs by fully leveraging the clouds elasticity, ubiquity, and availability. Icertis product suite includes comprehensive ERP-surround solutions for contract lifecycle management, transportation management, and partner management. The products have flexible deployment models on-cloud, on-premises and hybrid options to ensure that diverse requirements for cost, compliance, and security are met. Icertis cloud-native services help customers build innovative, secure, and easy-to-use applications, leveraging prefabricated frameworks and adapters and modules to integrate data from multiple locations. Icertis products and solutions are deployed in multiple Fortune 500 companies and have received great reviews from both users and analysts alike.

For more information, please visit https://www.icertis.com

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Icertis Is a Leader in Gartner’s First Magic Quadrant for Contract Lifecycle Management

Icertis is proud to be named a Leader in the first ever Gartner Magic Quadrant for Contract Life Cycle Management (CLM) based on its Completeness of Vision and Ability to Execute. Gartner evaluated 12 vendors on 15 criteria and positioned Icertis furthest right for its completeness of vision.

Read the Report