STERLING, VA – JULY 15, 2014
Natural Insight, a cloud-based provider of workforce management technology, announced record revenue and customer additions continuing its strong growth for the tenth consecutive year.
Financial results and operational highlights for the second quarter 2014 include:
• June monthly revenue 26% above the prior month, a new monthly high
• Second quarter revenue 11% over the prior quarter
• Record new customer contracts for the first half of 2013 bringing total new customers to 25 in the past 18 months
• Field workers using Natural Insight increased 28% since the start of the year, and now exceed 50,000
• Year-to-date, Natural Insight’s platform has been used at over 93,000 locations to collect 50 million points of data – including more than 1.5 million photos
In support of this outstanding growth, Natural Insight has recently added Rick Sterrett to its senior management team. Rick is a proven executive with over 25 years of experience working for high growth companies in operations and customer facing roles. As Vice President of Operations at Natural Insight, Rick will lead product management, client services, operations, and customer support.
“Thanks to a solid cloud-based platform that our customers and field workers love, we are experiencing continued strong growth,” said Stefan Midford, President and CEO of Natural Insight. “The addition of Rick is an important step and brings extensive experience and leadership that will help us focus on constant innovation and world class customer support.”
“With its industry-leading technology platform, experienced leadership team, and committed investors who understand the opportunity, it’s not surprising that Natural Insight is experiencing consistent growth,” said Sterrett. “It was an easy decision for me to join Natural Insight and I am excited to partner with Stefan and the team to further scale the business.”
About Rick Sterrett
Mr. Sterrett has lead operations and customer services for several leading edge technology ventures in the Manufacturing, Healthcare, and the Security Industries at companies like POMS (acquired by Honeywell in 1999), eko Systems (acquired by Merge Healthcare in 2008) and CheckVideo (acquired by Kastle in 2013). Prior to that, Mr. Sterrett honed his management skills and client focused mindset with 15 years at IBM providing industry specific consulting services in now what is called IBM Global Services. Mr. Sterrett earned both a Bachelor and a Masters of Engineering from Rensselaer Polytechnic Institute.
About Natural Insight:
Supporting 50,000 skilled professionals in more than 75,000 locations across North America Natural Insight is a leading provider of cloud-based workforce management software to merchandisers, product companies, event marketers and retailers. Natural Insight is privately held and headquartered in Sterling, VA with offices in Toronto and Birmingham, England. Visit www.naturalinsight.com or read the blog post.