Feb 23, 2017
Empirix Achieves Record Growth in 2016
Attained highest fourth-quarter bookings in company history
BILLERICA, MA – February 23, 2017 – Empirix, Inc., the recognized leader in end-to-end network performance visibility with the unique ability to analyze customer behaviors by application in real time, celebrated the conclusion of 2016 by posting strong results in both new and existing customer deployments across enterprises and service providers.
Projections made in early 2016 predicted soft spending in the telecommunications service provider space. Empirix’s innovative solutions and ability to show clear value with an immediate, strong return on investment helped the company overcome these headwinds and achieve its best fourth quarter bookings in its history.
“2016 was a challenging year for service providers, with clear declines in spend throughout the year.” shared Matthew Ainsworth, Executive Vice President of Worldwide Sales, Empirix. “Despite these challenges, clients recognized the value of our innovative solutions which enabled Empirix to finish 2016 with record results by expanding within existing accounts and adding significant new business globally. We’re in a great position for a strong 2017.”
In addition to year-over-year revenue growth and record Q4 bookings, 2016 highlights for Empirix include:
- 36 new clients added
- Multiple Tier 1 service provider wins
- Relationships formed or expanded in 29 countries
- More than 19 million phone calls placed from the Hammer Cloud Platform
- Hundreds of millions of subscribers monitored worldwide
Empirix is the recognized leader in end-to-end network performance visibility with the unique ability to analyze customer behaviors by application in real time. We help service providers, mobile operators, contact centers and businesses master complexities and optimize business processes to reduce operational costs, maximize customer retention and grow top-line revenue. Through testing, monitoring, analytics and intelligence, Empirix helps companies around the world realize the full value of their technology investments. Empirix was acquired in 2013 by private equity firm Thoma Bravo as the first step in an aggressive strategy to take advantage of growth opportunities in the network services industry. The company is creating a comprehensive portfolio of end-to-end network service assurance solutions that will offer customers an integrated performance management solution in an otherwise fragmented market.
Empirix is a trademark of Empirix, Inc. in the United States and other countries.