Sunday, December 5, 2021

Revenue growth for Leicester software business

CloudCall, a cloud-based software business that integrates communications technology with Customer Relationship Management (CRM) platforms which has UK offices in Leicester, has announced revenue growth in a trading update for the six months ended 30 June 2018.

Revenues for the period have increased 31% to £4.1 million, and recurring revenues are up by 37%.

This news comes along with growing demand for CloudCall’s products and services from new and existing customers. Net new users climbed at an average rate of 580 per month, taking the total number of users to 27,000, an increase of 34%.

Simon Cleaver, CEO of CloudCall, commented: “The first half of this year has played out largely as we expected it to.

“Solid and consistent growth in our sales numbers has continued, whilst we put the foundations in place that we expect to underpin further growth by making excellent progress with ongoing investments in our new integrated Unified Communications service and the expansion of our sales teams with high calibre, sector experienced staff.

“In the last few weeks we’ve begun receiving orders for the new UCS for Bullhorn products from our new sales people, which leads me to believe we’ll see a strong finish to 2018. The nature of any recurring revenue business means this current activity will only have limited effect on current year revenues, but it should provide an excellent springboard for 2019.”

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