SYDNEY, Sept. 12, 2016 /PRNewswire/ -- ON24, the worldwide leading multimedia marketing platform, today announced the opening of ON24's Asia Pacific headquarters in Sydney, Australia. The move serves to meet rapid company growth and apparent market potential in the region.
Enterprise technology industry veteran Michael Savanis will lead operations as Vice President & Managing Director of Asia Pacific & Japan. Savanis is one of many new hires in the inauguration of Sydney, Australia-based operations.
"Our new Sydney office represents the extensive growth ON24 is undergoing," says Sharat Sharan, co-founder and CEO of ON24. "We are seeing a tremendous opportunity in the Asia Pacific market to deeply engage with marketers in the region. Opening the office in Sydney and bringing Michael Savanis on as our VP of Asia Pacific & Japan is the first step in engaging with local companies."
The ON24 Sydney operations will focus on further penetrating finance, life sciences, and high tech verticals.
"It's an exciting time to join ON24 as video is becoming more and more important to marketers in all industries," says Savanis. "It's imperative for marketers to establish trust with their customers and by expanding our operations in Asia we'll be able to tailor our offerings to each market. In addition, having these resources both locally and globally allows ON24 to offer comprehensive customer service every step of the way."
In order to scale in the Asia Pacific region, ON24 will focus on bolstering channel partnerships and strategic alliances with local partners through new hires in both the sales and delivery sides. ON24 also plans to develop deeper technical resources to help support the customer. Current customers in the region include VMWare, IBM, GSK, Oracle and HP.
The office opening comes at a time of accelerating growth for ON24. In 2015, ON24 hosted more than 60,000 webcasts, and is on pace to eclipse 100,000 in 2016. Earlier this year, Goldman Sachs announced a $25 million investment in ON24, coming after the company saw a 70 percent year-over-year revenue growth in 2015.
ON24 is the leading webinar marketing platform for demand generation, lead qualification and customer engagement. Its award-winning, patented, cloud-based platform enables companies of all sizes to deliver engaging live and on-demand webinars. Providing industry-leading analytics that can be integrated with all leading marketing automation and CRM platforms, ON24 enables marketers to optimize demand generation, enhance lead qualification and accelerate sales pipeline opportunities.
Additional applications for the ON24 product portfolio include virtual training, talent development and town hall meetings. More than 1,500 companies and organizations rely on ON24, including IBM, CA Technologies, Merck, JPMorgan Chase, Credit Suisse and SAP. The company is headquartered in San Francisco, with offices throughout the world. For more information, visit http://www.on24.com.
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