CAMPBELL, Calif.–(BUSINESS WIRE)–Condeco Software, a worldwide leader in the workplace technology space, today announced a 126% annualized growth rate in sales over the past two years in the North American market. Condeco’s integrated room & desk scheduling and occupancy sensor solutions have tapped into a growing market in North America, where its business currently accounts for 30% of the company’s worldwide revenue.
Condeco Software Inc. has had significant client acquisition this past financial quarter, adding AECOM, Time Inc., Accenture, Franklin Templeton, Willis Group, and BlackRock to its list of clients, while continuing the organic growth within its existing client base, which includes E&Y, NBC, PWC, Chevron, Moody’s and others.
To support this growth, the U.S. business has more than doubled its headcount over the past year and has placed significant importance on its #CondecoClass customer satisfaction and success program. Additionally, Condeco has added a state-of-the-art U.S. data center in Santa Clara, California, to build upon existing worldwide data centers, ensuring the American market receives world class SaaS performance when accessing Condeco’s products and solutions.
These investments demonstrate that Condeco’s next-generation software and analytical capabilities are rising to meet a quickly expanding industry, as the market for workplace solutions is expected to grow to $9.1bn by 2019, according to analyst firm MarketsandMarkets1.
“Condeco continues to grow across all lines of business in North America, and demand for the Condeco application suite that enables organizations to fully understand the utilization of space within their real estate portfolio remains strong and growing,” says Martin Brooker, COO and board member of Condeco Software Inc. “Our headcount has increased over 60% in the last 12 months on our sales, professional services and support services teams. We are doubling down on acquiring the best talent in the industry to ensure our clients receive a world class service and support experience, which is driving sustained growth.”
Globally, Condeco has seen sales grow by 300% from $5.44m in 2011 to $26.8m in 2015 and has seen global turnover reach $25m in 2014/2015 as the demand for its ‘anywhere, anytime’ solutions grows. The company was featured in the 2015 Gartner Digital Hype Cycle, recognizing especially innovative companies in the digital space.
Condeco’s growth has been fueled by companies tapping into its intelligent ecosystem of feature-rich collaboration tools to help satisfy the growing need for businesses to have smart and connected offices to support the increasingly global nature of their work. Condeco Sense enables effortless measurement of desk and meeting room occupancy, driving greater insight to create a more productive workspace. Condeco’s Desk Booking, Meeting Room Booking and Digital Signage applications also provide a seamless experience for managing workspace requirements from any device. The company’s sophisticated suite of products provide the flexibility, choice and familiarity of interface that both employers and employees are looking for, making workspace planning as simple as possible, boosting productivity and driving collaboration across an entire organization.
Condeco’s offices in Campbell and New York are supporting prestigious global brands to create some of the world’s most innovative and connected offices of the future. For more information, please visit www.condecosoftware.com.