Stockholm, SWEDEN—April 14, 2016 — DigitalRoute, the leading provider of data integration and management solutions globally, has announced its year-end financial results for 2015. The twelve months ending December saw revenue growth of over 5%, a 13% expansion in the company’s workforce, the addition of a number of new customers, and major steps forward in the company’s partnership with SAP.
2015 proved to be one of the most successful periods in the company’s sixteen-year history. Additional to revenue growth, operating margins continued to be strong. Total order intake grew by around 8% – Billing Mediation, the companies original product area, stayed at a low 70% of total sales despite an underlying increase by around 60M SEK. The new product areas of OSS Mediation, Policy Control, Usage Management and Enterprise Data Processing accounted for around 30% of total sales in 2015.
Key partnerships, which generate roughly half the company’s revenues performed strongly. The public launch of SAP Big Data Integrator by DigitalRoute shortly after the 2015 balance sheet date underlines further potential in this area. This solution deploys DigitalRoute technology as a pre-integrated data ingestion layer for SAP’s widely-used Hana analytics engine, leading to a more cost effective and efficient analytics stack.
Results were achieved despite challenging market conditions, representing both the importance of data integration and management issues as a component of business strategy and also the position of DigitalRoute technology as a market leader in those areas. The analyst firm Stratecast identifies DigitalRoute as the only specialist, Tier 1 supplier of such products.
Other notable forward steps included the cementing of DigitalRoute’s position outside of its core telecom market. Its vertical-agnostic technology can be applied across multiple industries and 2015 saw a growing number of important non-telco deployments, particularly in logistics and transportation. Equally important, the rapid growth of the Internet of Things (IoT) in which data forms the principle communication language, drove major customer interest in 2015. IoT-related opportunities are likely to increase significantly in the coming years.
DigitalRoute technology’s core values continue to fuel growth across verticals as shortened times-to-market for new services, the need to reduce infrastructure costs and complexity and the demand for the IT flexibility necessary to support business innovation are major challenges for most enterprises. By collecting and managing raw data close to its source, the impact downstream applications such as analytics can deliver is greatly enhanced.
DigitalRoute CEO Johan Bergh said “DigitalRoute’s 2015 performance is pleasing; our growth trend continues to exceed the market as a whole. Our new solutions have moved from the drawing board to the data center and both our customers and partners have expressed excitement about how products like OSS Mediation can impact their businesses. To cement our technical leadership, Lars Mansson became our new chief technology officer at the start of this year.”
Bergh concluded: “While the market for Data Integration and Management solutions is highly competitive, we are more confident than ever before about our impact within it. Our year-on-year growth, the adoption of our product innovations and the expansion of our partnerships and growing customer base all point towards an exciting future for DigitalRoute.”