BOARD International Delivers Another Year of Record Results in 2017

BOARD recorded total worldwide revenues of CHF 72,8 million (USD 78,8 million), an increase of more than 46% from its worldwide revenues of CHF 50,0 million (USD 54,1 million) in 2016.

"These results show that our continued efforts to bring groundbreaking innovation to the world's Enterprise Performance Management, Business Intelligence and Advanced Analytics software market have been a success," said BOARD Co-Founder and CEO, Giovanni Grossi.

Thanks to the Best-in-Class capabilities of BOARD Cloud, the SaaS version of the company's original on-premise platform, BOARD International has continued its penetration into the Cloud-based EPM and BI global market, resulting in an overall increase of 231% year on year for Cloud licenses.

BOARD also reported 47% growth in its in-house professional services activities for enterprise projects. "BOARD International is increasingly proving itself to be a world-class Centre of Excellence for decision-making processes," continued Mr. Grossi, "thanks to the combination of outstanding technology with the highest expertise in analysis, planning and simulation."

During 2017, the BOARD Platform was chosen by leading organizations such as AstraZeneca, Coca-Cola European Partners, Delta Airlines, Kohl's Department Stores, Lego, M'edicins Sans Fronti`eres, Renault, Toyota and Virgin Money. These key players - together with many of BOARD's other leading customers - are further confirmation of BOARD's capability to address a wide range of planning and analysis needs across different industries.