NetEvidence’s SaaS subscriptions increase by over 50 per cent

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NetEvidence’s network and application reporting business grew by over 50 per cent during its last financial year. This is the biggest annual growth that NetEvidence has achieved since it launched the Highlight performance reporting solution as a subscription-based SaaS (Software as a Service) service over 10 years ago. Revenues also increased substantially during the same period.

NetEvidence offers a ready-made solution that gives Service Providers and Enterprises real-time visibility into how their network is handling the applications that run their business. The Highlight reporting solution is highly scaleable and provides unprecedented levels of visibility into both network and application behaviour.

Malcolm Murphy, Sales Director of NetEvidence says, “This exceptional growth is throughout our business. Existing customers and partners have added to the services they have already taken from us. We’ve also gained significant new business from our existing partners; and we’ve successfully built new partnerships with Service Providers that want to deliver greater value to their customers.”

NetEvidence will capitalise on its recent growth with plans to further expand the services it delivers to its partners. The company is continuing to invest heavily in its relationships with existing channel partners and is actively seeking new partners that are looking to expand their own managed service offerings.

In addition to NetEvidence’s continued investment in its channel relationships, Murphy believes the growth has also been driven by a number of external factors, “There is a lot of pent-up demand for networking projects in the market and we are seeing an increasing focus from IT departments to deliver value for money and to manage risk. The visibility delivered through Highlight provides considerable value to enterprises that want to manage risk and to service providers that want to deliver improved and value-added services.”