Demand for Digital Employee Experience Continues to Propel Nexthink's Exceptional Growth
Nexthink, the leader in Digital Employee Experience (DEX) management software, today announced unprecedented growth during the first six months of 2021. Over the past several years, Nexthink has consistently outperformed itself and reliably grown its market share. This latest acceleration highlights that the momentum for continued investment in digital employee experience is continuing to rise.
"Companies want to deliver great digital experience to their employees from the design of the workplace to the successful adoption of applications and minimize downtime with automation and proactivity," said Pedro Bados, CEO and co-founder of Nexthink. "This growth we're seeing is exciting, but it's just the beginning and we see a lot of potential in the market."
Highlights of H1 2021 include:
Grew ARR by 122% over the same period last year.
Experienced a record low gross churn rate of 1.6%.
Saw net dollar expansion of 118%.
Signed more than 50 new customers, more than 50% of which came from financial, healthcare & pharmaceuticals and industrial & manufacturing.
Expanded team by 19% across 10 countries, now totaling 772 employees worldwide.
Ramped R&D teams by 100% in past 12 months to develop new products.
Accelerated cloud adoption adding more than 2 million endpoints in H1.
These highlights were sparked by a number of key milestones in H1:
Billion Dollar Valuation ? Early in the yearNexthink closed a $180 million Series D financing round led by Permira to reach a valuation of $1.1 billion. The round is being used to accelerate Nexthink's innovation, rapid growth and expansion, particularly in the US.
DEX Hub - Nexthink launched DEX Hub, a destination for IT professionals to share expertise, ideas and pain points, geared to enable individuals to grow their career and skill set in DEX.
Continued partner growth - 8 out of the top 10 workplace outsourcers have standardized on Nexthink as the preferred DEX solution. Several of which have reached the half million endpoint mark with Nexthink.
About Nexthink
Nexthink is the leader in digital employee experience management software. The company gives IT leaders unprecedented insight into employees' daily experiences of technology at the device level ? freeing IT to progress from reactive problem solving to proactive optimization. Nexthink enables its more than 1,000 customers to provide better digital experiences to more than 13 million employees. Dual headquartered in Lausanne, Switzerland and Boston, Massachusetts, Nexthink has 9 offices worldwide.
S&P Global today reported first quarter 2024 results. The Company's earnings release and supplemental materials are available at http://investor.spglobal.com/Quarterly-Earnings.
Supplemental Information/Conference Call/Webcast Details: The...
Huawei is presenting its innovative Intelligent Distribution Solution (IDS) at the 26th World Energy Congress in Rotterdam. Developed in collaboration with ecosystem partners, the IDS aims to tackle the electric power industry's most pressing...
Draganfly Inc. ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer is pleased to announce a strategic collaboration with ParaZero Technologies Ltd., a pioneer in drone safety systems aimed at...
Science Corporation ("Science"), a leader in brain-computer interface ("BCI") technology and the developer of the Science Eye, has acquired the IP and related assets for the PRIMA retinal implant, developed by Pixium Vision SA ("Pixium") of France, a...
MESCIUS inc., a global provider of award-winning enterprise software development tools, is pleased to announce the Document Solutions v7.1 release. This release introduces features and enhancements to MESCIUS's server-side document APIs, JavaScript...
GlycoMimetics, Inc. , today announced that it will host a conference call and webcast to report first quarter 2024 financial results on Thursday, May 9, 2024 at 8:30 a.m. ET.
To access the call by phone, please go to this registration link and you...