SugarCRM’s Growing Momentum

chrisbucholtz —  November 14, 2012 — 2 Comments

SugarCRM’s third quarter was yet another strong one. The company added 650 new customer companies and continued to grow its momentum in the enterprise market. Annual recurring revenue growth sustained its pace, coming in at more than 45 percent year-over-year, and SugarCRM notched its 12th consecutive quarter of year-over-year billings growth, with a 23 percent increase in the third quarter of 2012.

“As global demand increases for enterprise-wide CRM systems that equip all customer-facing professionals with the insight they need to drive deeper, more relevant customer engagement, SugarCRM is well positioned to carry on its global expansion,” said Larry Augustin, CEO of SugarCRM.

The company’s list of highlights for the quarter is a long one:

2 responses to SugarCRM’s Growing Momentum

  1. 

    Sugar’s growth is systemic, pursuant to the plan and Impressive to say the least. Well done to the SugarCRM team!

Trackbacks and Pingbacks:

  1. SugarCRM’s Growing Momentum « nuOrder Blog – intelligent business consulting - November 15, 2012

    [...] SugarCRM’s Growing Momentum. [...]

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