Tempo, creator of efficiency-enhancing enterprise software solutions for
Atlassian's JIRA platform, announced strong results for its 2016 fiscal
year ending December 31, 2016.
"2016 has been another very busy and successful year for Tempo,"
commented Agust Einarsson, CEO, "This year we will be rolling out
exciting product improvements that will further increase the value of
the Tempo solution suite to our customers. We have been developing new
cross-product integrations, as well as UI improvements across our
product suite and better reporting features to continually improve our
customers' ability to gather data and make decisions. The company is
already off to a strong start in 2017 with an increase in new sales and
overall year-on-year revenue in January."
Highlights for 2016 include:
New Tempo Cloud for JIRA
In 2016, Tempo embarked on its most ambitious project to date: to create
a brand new version of Tempo Cloud for JIRA. With the introduction of
Atlassian's new cloud platform, Atlassian Connect, which allows for
better customization and full control over production and deployment for
add-ons, we saw an opportunity to narrow our focus and improve our
products to cater better to customer needs.
Our new Tempo Cloud for JIRA was first enabled on the Atlassian
Marketplace in late November 2016, built from the ground up with the
Atlassian Connect framework alongside a new user interface and
scalability that will serve our customers far into the future.
Revenue improved by 41% year-on-year
Tempo's annual earnings increased by 41% year-on-year, fueled by double
digit rate growth across the board of the company's products:
Tempo Planner (resource management and planning) +82% YoYTempo
Budgets (portfolio financial management) +46% YoYTempo
Timesheet (time tracking) +37% YoY
North America operation continues to grow
The number of employees at Tempo grew by 41% in 2016. We added 20 new
employees in our offices in North America, both in Montreal and San
Francisco, bringing the total number of Tempo employees to 90.
Almost 2800 new customers acquired
Bringing Tempo close to the 10,000 customer mark since its launch almost
a decade ago, 2016 saw a substantial increase of almost 2800 new
customers, including Starbucks, Texas Instruments, the Government of
British Columbia, Estee Lauder, Porsche, and many more.
Over 120 partners worldwide
Collaborative growth is key to the strength of Tempo and in 2016, our
Atlassian Expert partner network grew to a total of over 120 partners
worldwide. Tempo is looking forward to fostering and strengthening
partnerships with both existing and potential partners as well as
customers in 2017.
Tempo develops sophisticated enterprise software solutions that help
make work easier and more efficient for software, IT services and core
business teams. Tempo has over 10,000 customers worldwide, ranging from
small startups to the largest global enterprises such as Amazon, BMW,
Pfizer, HomeAway, PayPal, Hulu, Dell, and Disney.
To learn more about Tempo, visit www.tempo.io.
Follow the Tempo blog: http://blog.tempo.ioFollow
us on Twitter: http://twitter.com/tempohqBecome
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us on LinkedIn: https://www.linkedin.com/company/TempoHQ
View source version on businesswire.com: http://www.businesswire.com/news/home/20170317005166/en/
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