TMCnet News
DataWeave Announces 120% Year-on-Year Revenue Growth in Q1 2017, Achieves Strong ResultsBANGALORE, April 27, 2017 /PRNewswire/ -- DataWeave, a fast emerging SaaS company that provides Competitive Intelligence as a Service to retailers and consumer brands, announced today an impressive 120% year-over-year growth in calendar Q1 2017 compared to calendar Q1 2016. This growth was driven by a strong momentum in the North America market, new customer wins, and expansion within the installed base in India and SE Asia.
"We experienced exceptional growth in Q1 2017, fuelled by a paradigm shift in how enterprises consume data in the world today," said Karthik Bettadapura, CEO and co-founder at DataWeave. "Businesses are increasingly dependent on technologies that aggregate and analyse patterns in data to provide easily consumable and actionable insights. Our products are highly effective in addressing this demand." DataWeave's calendar Q1 2017 highlights include:
About DataWeave: Founded in 2012, DataWeave is a fast emerging SaaS company that provides Competitive Intelligence as a Service to CPG Brands and Retailers by harnessing publicly available data from the web. The DataWeave technology platform aggregates and analyses millions of unstructured data points, across multiple data sources, to enable enterprises to better understand their competitive environment, optimize customer experience, and drive profitable growth. For more information, visit http://www.dataweave.com. Follow us on Twitter, Facebook, and LinkedIn. Media Contact: |