Catalytic Reports Breakout Year in 2019, Primed for Continued Success in 2020
Summary
“After securing our latest funding round, we were able to fuel our engineering, sales and operations teams with additional resources to meet market demand and help our customers scale their use of our platform. Our efforts across all of these areas paid off, and we’re looking forward to accelerating this momentum in 2020 as we continue to help organizations realize their digital transformation goals and save massive amounts of time in the process.” In 2019, Catalytic reported its revenue tripled year-over-year and the company has doubled its number of customers. The companys 2019 user data suggests they are effectively increasing their customers’ time and money savings in the process: Scott Palmer, Catalytic customer and COO of Spikeball said, "Weve been growing pretty rapidly and because of this growth, its calling for us to reevaluate the business. " Customer successes can be attributed to key product advancements the company made over the past year in an effort to deliver on its promise of being the easiest-to-use process automation platform. Using Catalytic, anyone can easily build low-code automations that connect systems, data and people so companies can execute higher volumes of work with less time, cost and risk.
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