Adeptia Announces 31% Revenue Increase for 2017

Customers say Adeptia's business integration application delivers paradigm shift

News provided by

Feb 20, 2018, 10:07 ET

CHICAGO, Feb. 20, 2018 /PRNewswire/ -- Adeptia, a leading provider of self-service business-to-business (B2B) data connectivity and integration solutions, today announced a 31% increase in GAAP revenue for the 2017 calendar year. Adeptia recorded 447% increase in net income during the same period. A measured go-to-market strategy ensured rapid yet profitable growth.

Fueling Adeptia's growth was its signature product, Adeptia Connect, the visionary business application for diverse B2B and integration use cases. This unique enterprise-class solution is ideal for organizations that need to exchange data with their digital business network of customers and partners in an accelerated, flexible and easier way that leads to a delightful customer experience.

A number of new clients, including many Fortune 500 organizations, chose Adeptia Connect over traditional integration software that elongates IT cycles by requiring expensive resources for implementation using difficult, code-centric developer tools.

"Adeptia's growth speaks to the need for businesses to respond more quickly to dynamic market conditions," said Lou Ennuso, CEO. "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."

Adeptia provides a rich application user experience for operations users, partner users and internal IT staff to collaborate on setting up and managing inter-company data exchanges and internal integrations with cloud and on-premises applications, databases and APIs.

"We are excited to announce 4 new game-changing innovations that we have worked on in the last year," said Deepak Singh, CTO. "This includes (1) AI-enabled data transformation mapping suggestions, (2) Support for processing large multi-gigabyte XML and non-XML files, (3) Support for parsing and integrating unstructured data and (4) Enabling self-service consumption of APIs via dynamic, rich forms to allow customers to finally leverage their API initiatives."

Adeptia also received multiple analyst recognitions during the year such as being included in the Gartner "Magic Quadrant for Data Integration Tools" and Forrester "Wave: iPaaS for Dynamic Integration."

About Adeptia

Adeptia is an integration software company focused on connecting businesses together. Adeptia's enterprise-class B2B integration platform helps our customers fast-forward revenues and reduce operational costs by speeding up customer data onboarding and streamlining ongoing information exchange.

Learn more by visiting https://adeptia.com.

SOURCE Adeptia Inc.