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Granicus Announces Record Growth in FY 2011
1/30/2012
San Francisco, CA
(Jan 30, 2012) – Granicus, the leading provider of cloud-based technologies
for government transparency, efficiency, and citizen engagement, today
announced record growth across many areas of its business in FY 2011 including
sales, revenue, products, and customers:
·
Sales
Growth – 2011 sales performance has increased by 90% over 2010
·
Revenue
Growth – 2011 revenues have increased by 30% over 2010
·
Agenda
Management Growth – 100% sales growth
rate over 2010
·
State
& Federal Market Services Growth – 600% sales growth rate over 2010
·
Cloud
Reliability Growth – The Granicus cloud reached 99.95% uptime month-over-month
·
Customer Growth
– Granicus added over 200 new customers to its family this year – 21% growth over 2010
“Our growth outpaced many in our industry, and we continue to
attract new customers because of our exclusive focus on making government
successful through cloud-based technology,” said Tom Spengler, CEO and
Co-Founder of Granicus. “This exciting momentum sets the tone for 2012—Granicus
is going to continue to invest heavily in our products and customer care. We
also want to continue delivering reliable products that accelerate government
performance across critical business areas to save time, money, and improve
service delivery—these areas include legislative operations, transparency, and citizen
outreach and involvement.”
Granicus attributes its record sales and revenue growth in 2011 to
these major milestones: 1) the successful acquisition and integration of an
agenda management product; 2) continued focus on delivering product value; and 3)
the expansion of its state and federal government business.
For Granicus, delivering technology that digitizes and automates
governments’ workflows has always been a priority. In 2011, the company
acquired Daystar Computer Systems to add even more rich features its Legislative
Management Suite product to help government staff manage and
track their policy-making process from start to finish. Since making this
decision, Granicus’ agenda management sales have increased 100% over 2010 and the
company recently celebrated the addition of its 100th
government customer to its Legislative Management Suite.
Granicus was also able to add over 100 more customers to other
product suites on its cloud platform in 2011. Aside from the Legislative
Management Suite, Granicus saw the most government adoption of these particular
products: Government
Transparency Suite, Meeting
Efficiency Suite, and the Citizen Participation
Suite. This growth is largely due to the explosive demands from
government to migrate their workforce to digital, cloud-based technologies that
save money and help them deliver better services to their citizens.
“Granicus’ cloud-based solutions are helping government solve
critical business problems and build trust with their constituency. We’re
transforming manual, time-consuming government work into a powerful online
digital workflow that saves money and generates more opportunities for citizens
to get engaged and involved in government through the web. It’s a win-win for
everyone,” added Spengler.
The final growth area for Granicus in 2011 was in its state and
federal government services business. Due to increased demands, Granicus is
deploying a higher rate of turnkey professional services to help state and
federal agencies, like the New York City Office of the Comptroller, the National
Institutes of Health, and the Nuclear Regulatory Commission, set-up and deliver
live and archived webcasts of their public hearings to encourage broader public
awareness and participation. The company manages the entire event including audio and
video equipment, production, webcasting, online archiving and publishing, as
well as, video indexing, closed-captioning, and transcription creation. These
comprehensive services enable agencies to publish their meetings online in the
most transparent and user-friendly formats.
About
Granicus
Granicus, Inc. is the award-winning cloud platform provider for
government transparency, efficiency, and citizen participation. It offers the
first cloud platform and product suites designed specifically to help
government agencies establish meaningful connections with citizens while
reducing operational costs. Granicus has been recognized the past four years
for being one of the fastest growing company private companies in the U.S., San
Francisco, and the Silicon Valley by Deloitte LLP, the San Francisco Business
Times, and Inc. Magazine.
Press Contact:
Lauren Alexander, Director of Corporate Communications, Granicus
415-357-3618
lauren@granicus.com
