Thanks to major version updates to both its flagship products Snowbound has seen 121% new customer revenue growth since 2017
Waltham, MA (February 5, 2020) – Snowbound Software, the market leader in document viewing and conversion technology, today announced record-breaking sales in 2019, the firm’s twenty-third year. Over the course of 2019, the company experienced growth across a variety of areas, including new customers, partners, and support. Thanks to major version updates to both its flagship products–VirtualViewer® HTML5 and RasterMaster® SDK–Snowbound has seen 121% new customer revenue growth since 2017.
“2019 was a great year for Snowbound and our customers,” said Simon Wieczner, Snowbound CEO and co-founder. “Our efforts to enhance our products and expand our markets are paying off as we enjoyed more Fortune 500 business, larger sales, better Partner and OEM revenues, and greater market awareness for VirtualViewer as the premier web viewer for enterprise business.”
Additional 2019 stats include:
- VirtualViewerHTML5 Java accounted for 20% of all sales (28% growth over four years)
- New customer sales accounted for 24% of all sales (up 42% from 2018 and 121% growth over past three years)
- Partner sales accounted for 8% of all sales
- Support sales up 12%
Successfully growing partner sales to 14% of all new customer sales, Snowbound continues to devote significant resources into making VirtualViewer HTML5 a seamless integration into existing content management systems such as Pega and Alfresco, providing their users with robust document management functionality.
Snowbound will be showcasing VirtualViewer for Alfresco at the AIIM Conference in Dallas from March 3-5 and VirtualViewer for Pega at PegaWorld inSpire in Boston from May 30 to June 2.
“When Fortune 500 companies buy licenses for 30,000+ of their users and then recommend us to their competitors, that says something,” said Wieczner.