Confirmit Accelerates Momentum with Record Revenue in 2015

20th Anniversary Follows Exceptional Year of Growth, Customer Award Milestones

Mar 03, 2016, 09:03 ET from Confirmit

NEW YORK and OSLO, Norway and LONDON, March 3, 2016 /PRNewswire/ -- Confirmit, the leading global solutions provider for Customer Experience, Voice of the Employee and Market Research, announced that 2015 was its strongest year to date, marking its 10th consecutive year of profitability. As the company approaches its 20th Anniversary, Confirmit achieved record revenue, continued to operate with no debt, and completed an exceptional finish to the year with 25 percent Q4 growth in new customer revenue over Q4 2014.

"2015 was an important year for all of us here at Confirmit," said Henning Hansen, Confirmit President and CEO. "Organizations across the globe are recognizing the value of engaging customers to improve business results, which in turn drives tremendous customer engagement with our solutions. Fueled by the momentum of 2015, we are well positioned for success in 2016."

Global Growth 
In 2015, Confirmit launched its presence in Australia with the acquisition of Information Research Management (IRM). To support this growth, Confirmit released its Australian Software-as-a-Service (SaaS) environment, which introduced a highly-resilient, low-latency service to customers in the region.

Customer Success
Confirmit's best-in-class technology solutions continue to drive business success for companies around the world. In 2015, the company expanded its customer base to include many new Global 1000 organizations and world-leading Market Research businesses. New customers included; Canon Solutions America, Empire Today, Grainger, OpenText, MarketProbe, and Phronesis Partners. Confirmit customer Philadelphia Insurance was also recognized by the 2015 Gartner & 1to1 Media Customer Experience Excellence Awards and 1to1 Media Customer Champion Awards.

"As Canon Solutions America continues to invest in the Enterprise Managed Services Division, we need to ensure we are consistently delivering a premium service level," explains Valerie Belli, Vice President, Enterprise Managed Services Division, Canon Solutions America. "Our implementation of Confirmit Horizons to develop a well-structured Voice of the Customer program is already helping us to achieve our vision to put the customer at the center of everything we do."

Championing the Business Value of Customer Experience
A significant milestone for Confirmit, and the broader customer experience industry as a whole, was the record number of applicants for the company's ACE (Achievement in Customer Excellence) Awards. Celebrating its 10th anniversary, the ACE Awards program recognizes outstanding achievement in customer experience. Last year the Awards saw an uptick in submissions of more than 15 percent, signaling increased industry attention to customer engagement as a critical business strategy. 2015 ACE Award winners included 21st Century Insurance Inc., AIG, CyberSource, Dell, Deltek Inc., Digital insight, Infor, Roche, Siemens Building Industries, Tyco SimplexGrinnell, and many more.

Key Technology Milestones
For the second consecutive year, Confirmit achieved a record 100 percent uptime across all of its web-based SaaS environments in Europe and the Americas. Additionally, Confirmit released Version 19 of its award-winning Confirmit Horizons solution. Ease of design, deployment across the full range of channels, combined with state-of-the-art analytics and sophisticated reporting in multiple formats was the focus of the release, which highlights the growing need for self-service management and maintenance of global programs.

Awards and Recognition
Affirming Confirmit's progress in 2015, the company achieved a record number of industry accolades and awards. Most notably, Confirmit was named a winner of the Customer Experience Vendor Excellence (CxVE) Awards by Temkin Group. The award recognizes companies that provide products and services that help companies improve the customer experience they deliver. Other notable recognitions and award wins include:

  • A Total Economic Impact™ (TEI) study conducted by Forrester Consulting and commissioned by Confirmit uncovered a 322 percent potential Return on Investment for financial services and insurance organizations using Confirmit Horizons over a three-year risk-adjusted period
  • Fourth consecutive CUSTOMER magazine TMC Labs Innovation Award, a second consecutive CUSTOMER magazine Product of the Year Award, a CRM Excellence Award win for the sixth consecutive year and CUSTOMER magazine's Customer Experience Innovation Award
  • For the second consecutive year, Terry Lawlor, Confirmit's EVP of Product Management was named to Survey Magazine's Technology Trendsetter list
  • Inclusion in 10 major industry reports by leading analysts; including Aberdeen, Gartner, Ovum, Temkin and Ventana Research.

To learn more about Confirmit's plans for the year ahead, please visit its company blog here.

About Confirmit
Confirmit is the world's leading SaaS vendor for multi-channel Voice of the Customer, Voice of the Employee, and Market Research solutions. The company has offices in Oslo (headquarters), Chengdu, Cologne, Grimstad, London, Moscow, New York, San Francisco, Sydney, Vancouver, and Yaroslavl. Confirmit's software is also distributed through partner resellers in Madrid, Milan, Salvador, and Tokyo.

Confirmit powers Global 5000 companies and Market Research agencies worldwide with a wide range of software products for feedback / data collection, panel management, data processing, analysis, and reporting. Customers include Aurora, British Airways, BSI, Cross-Tab, Dow Chemical, GfK, GlaxoSmithKline, GMO Research, JTN Research, Keep Factor, Morehead Associates, Nielsen, Research Now, RONIN, RS Components, Sony Mobile Communications, Swisscom and The Wellcome Trust. Visit www.confirmit.com for more information.

Media Contact:
Emma Walter
Matter Communications
978-518-4820
Confirmit@matternow.com

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