Stonebranch Concludes 2016 with Double Digit Revenue Growth and New Strategic Accounts
Atlanta, GA | January 10, 2017 - Stonebranch Inc., a leading provider of modern workload automation solutions, has ended 2016 on a positive note. Revenue from software sales outperformed market growth by a factor of three and the acquisition of several strategic Fortune 100 accounts increased Stonebranch's customer base significantly.
As a result of this sustainable growth, more than twenty transformation projects were successfully completed in the core Stonebranch markets of The Americas and EMEA. "We are excited to announce the closing of another impressive year of revenue, new customers and global expansion for Stonebranch," says Dr. Detlef Purschke, Chief Executive Officer at Stonebranch. "Our year-over-year growth is evidence that companies seek a modern, efficient automation solution that drives best-in-class Return on Automation results and immediate business processing and is manageable from any web-enabled device. That's our primary focus."
With continued growth forecast for 2017, Stonebranch is well positioned to be the innovative value leader within the Workload Automation industry in this endeavor by delivering superior products with best-in-class service and support. This is evidenced by an increased presence in France, further increasing Stonebranch's European presence, and the promotion of Rigas Paschaloudis to the newly created role of Chief Customer Officer.
In this new role, Mr. Paschaloudis is responsible for all of Stonebranch's strategic sales and marketing initiatives as well as the vast global business partner ecosystem.