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Company announces most successful year in its history, reaching $330M ARR and 60% YoY customer growth
AUSTIN, Texas–(BUSINESS WIRE)–Tricentis, the global leader in continuous testing and quality engineering, today announced 2023 momentum for the company, with continued revenue growth, customer acquisition, and an expanded global footprint. In 2023, Tricentis generated over $330M in annual recurring revenue (ARR), growing in the mid 20% range year over year. Tricentis now serves more than 3,000 companies, including nearly half (49%) of the Fortune 500.
Tricentis saw continued company momentum through the following developments:
Steadily growing its global customer, partner, and community base:
Bringing an innovative product strategy to market:
Solidifying its reputation as a global testing and quality engineering leader:
“Software quality is critical to today’s business, and at Tricentis our mission is to empower every team to deliver high-quality software at speed and at scale,” said Kevin Thompson, Chief Executive Officer, Tricentis. “Our differentiated approach to software quality and comprehensive platform allows our customers to simplify and accelerate the process of quality engineering, even in complex enterprise environments. We look forward to building on the success of this past year and helping our customers and partners achieve better business outcomes.”
About Tricentis
Tricentis is a global leader in continuous testing and quality engineering. The Tricentis AI-based, continuous testing portfolio of products provide a new and fundamentally different way to perform software testing. An approach that’s totally automated, fully codeless, and intelligently driven by AI. It addresses both agile development and complex enterprise apps, enabling enterprises to accelerate their digital transformation by dramatically increasing software release speed, reducing costs, and improving software quality. Widely credited for reinventing software testing for DevOps, cloud, and enterprise applications, Tricentis has been recognized as a leader by all major industry analysts, including Forrester, Gartner, and IDC. Tricentis has more than 3,000 customers, including the largest brands in the world, such as McKesson, Allianz, Telstra, Dolby, and Vodafone. To learn more, visit https://www.tricentis.com.
Contacts
Tricentis
Courtney Cantwell
c.cantwell@tricentis.com
Matter for Tricentis
tricentis@matternow.com
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