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Configit Powers Into 2022 Following Year of Global Expansion

Configuration lifecycle management provider saw 42% increase in annual recurring revenue

Quality Digest
Wed, 02/23/2022 - 16:21
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(Configit: Copenhagen, Denmark) -- Configit, a global leader in configuration lifecycle management (CLM), had strong global momentum in 2021, bolstered by record growth and an expansion into new markets. The company celebrated major successes in the United States in 2021, while also sustaining its home market in Europe and expanding its business to the Middle East and China.

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Configit specializes in servicing large-enterprise customers and is continuously expanding its strong customer relationships. In 2021 alone, the company acquired more than a dozen large enterprise deals. The high-market demand for platform solutions for product configuration drove business deals for the company’s Configit Ace solution, which now accounts for 80 percent of new deals, up from 20 spercent in 2020.

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