Hundreds of new contract wins & solid performances from new acquisitions during significant trading period for Ideagen
· Annual recurring revenue (ARR) increased from £36.4m to £43.9m, an annualised organic growth rate of 20%. This includes; · £3.7m organic ARR growth · £3.8m ARR from recent acquisitions · More than 240 new logo wins fortifying Ideagen’s position in aviation, financial services, big pharma and other key verticals · ARR increase is expected to achieve FY20 target of 74% one year earlyUK-based global software firm, Ideagen, today (13/11/19) announced it had secured more than 200 new customer wins as it increased its annual recurring revenue (ARR) figures by 20% to £43.9m.