Wednesday, July 28, 2021

Revenue rise as tech platform breaks user record

Leeds business intelligence and data analytics software developer, Panintelligence, has experienced a 25% rise in turnover after passing the 200,000 user milestone.

Panintelligence enables businesses to use their own data to drive strategic decision-making, helping them lower costs and visualise key issues through its platforms.

The business has grown its turnover by 25% to £1.8 million in the year to December 2018.

Over the same period, user numbers have climbed to 200,000 and 25 new licensed partners have been added to the customer base, driving the recruitment of nine new members of staff.

CEO Zandra Moore said: “The software business is all about creating a valuable unique platform that many businesses need and want, and over years of development and improvement that’s what our dashboard and analytics products have become.

“We’re enabling small and medium-scale businesses to release insights and value from their data in real time with zero impact on security, and without the upfront costs of an enterprise-level data project.”

She added: “Data security is the number one issue for CTOs right now, and we have a really strong story in that area by virtue of the way our software operates without moving or duplicating data.

“That’s a factor in our rapid growth. Our tie-up with Sage software, launched in November, has given us a new route to sales via every Sage 50 customer in the UK, but we’ve also deployed with retail clients globally in the last quarter, and we are seeing increasingly international white label projects through our network of 100 UK resellers and vendors too.”

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