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Top line surges with 66% growth in subscriptions fueled by triple digit growth in Marketing WorkCloud
SILICON SLOPES, Utah, Aug. 5, 2014 /PRNewswire/ -- Today, AtTask announced results for fiscal Q2 2014, ending June 30, including 66% year-over-year total subscription growth, highlighted by 91% year-over-year subscription growth from new and existing clients and the closing of AtTask's first seven-figure transaction. AtTask ended Q2 with 108 clients paying over $100,000 in recurring revenue – further evidence the Enterprise Work Management solution is being adopted by large enterprises.
AtTask has proved since the launch of the Enterprise Work Management solution in January 2013, that the need for enterprise teams to have a single solution for projects, documents, social collaboration, and workflow is stronger than ever. With the Enterprise Work Management solution, enterprise teams are able to improve productivity, and enhance work visibility.
"Our strong growth in the first half of 2014 is further evidence that our Enterprise Work Management offering is having a positive impact on answering enterprise teams need for a solution that solves their critical business issues," said Eric Morgan, AtTask CEO. "As we continue to lead the market, we remain committed to building innovative solutions that solve the day-to-day chaos enterprise workers face."
Another sign of AtTask's increasing momentum was seen in the tremendous growth and expansion of their Marketing Work Cloud, which posted 108% year-over-year total subscription growth.
Other key accomplishments in the first half of 2014 include:
"After experiencing an outstanding first half for AtTask, we are eager to continue to outpace not only our competition, but our own internal plans," continues Morgan.
AtTask is a cloud-based Enterprise Work Management solution that helps marketing, IT, and other enterprise teams conquer the chaos of excessive email, redundant status meetings, and disconnected tools. Unlike other tools, AtTask Enterprise Work Cloud is a centralized, easy-to-adopt solution for managing and collaborating on all types of work through the entire work lifecycle, which improves team productivity and executive visibility. AtTask is trusted by thousands of global enterprises, like Adobe, Cisco, HBO, House of Blues, REI, Trek, Schneider Electric, and ATB Financial. To learn more, visit www.AtTask.com or follow us on Twitter @AtTask.
Contact: Shelbi Gomez
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