Rapid adoption of Vena's cloud offering and top customer satisfaction ratings attracted record number of new clients
In 2014, Vena Solutions also:
Doubled its total number of clients
Doubled its year-over-revenue from 2014
Tripled its recurring year-over-year revenue
Received top customer satisfaction ratings (a score of 4.67 out of 5) from BPM Partners in their 2014 Pulse of Performance Management Survey
Achieved Core Vendor Status in the BPM Partners Survey in recognition of the solution's robustness and broad appeal
Was named one of CIO Review's 10 Most Promising Financial Planning and Analysis Software Providers
Was named one of Branham's Top 25 Canadian Up-and-Coming ICT Companies
Achieved Leader Status in the 2014 Nucleus Research Value Matrix for Corporate Performance Management
Vena Solutions also refined its cloud offering in 2014, resulting in 90% of new clients opting to work in the cloud environment.
When asked about the surging popularity of the Vena Cloud, Don Mal, CEO of Vena Solutions, explained: "What makes our solution stand out is the fact that we bring native Microsoft(R) Excel(R) into the cloud. We started by extending the functionality of Excel by adding workflow, business rules and controls to spreadsheets connected to a powerful in-memory database.
"Now, with Vena, companies can continue to use the spreadsheets they've always used while benefitting from the infinite scalability and low operational burden of the cloud. We make it possible to experience the best of both worlds in one solution, and, as the numbers prove, companies are responding exceedingly well to the sophistication of our technology and approach."
Looking forward to 2015, Vena Solutions expects to more than double its subscription-based recurring revenue and increase its client base to several hundred customers globally.
In 2014, Vena Solutions also:
Doubled its total number of clients
Doubled its year-over-revenue from 2014
Tripled its recurring year-over-year revenue
Received top customer satisfaction ratings (a score of 4.67 out of 5) from BPM Partners in their 2014 Pulse of Performance Management Survey
Achieved Core Vendor Status in the BPM Partners Survey in recognition of the solution's robustness and broad appeal
Was named one of CIO Review's 10 Most Promising Financial Planning and Analysis Software Providers
Was named one of Branham's Top 25 Canadian Up-and-Coming ICT Companies
Achieved Leader Status in the 2014 Nucleus Research Value Matrix for Corporate Performance Management
Vena Solutions also refined its cloud offering in 2014, resulting in 90% of new clients opting to work in the cloud environment.
When asked about the surging popularity of the Vena Cloud, Don Mal, CEO of Vena Solutions, explained: "What makes our solution stand out is the fact that we bring native Microsoft(R) Excel(R) into the cloud. We started by extending the functionality of Excel by adding workflow, business rules and controls to spreadsheets connected to a powerful in-memory database.
"Now, with Vena, companies can continue to use the spreadsheets they've always used while benefitting from the infinite scalability and low operational burden of the cloud. We make it possible to experience the best of both worlds in one solution, and, as the numbers prove, companies are responding exceedingly well to the sophistication of our technology and approach."
Looking forward to 2015, Vena Solutions expects to more than double its subscription-based recurring revenue and increase its client base to several hundred customers globally.
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