Good news: Q3 was huge for Liaison. Even better news: we believe it’s just the beginning. How great was our most recent quarter? It was the most successful in our 16-year history in terms of generating new business contracts — we added several significant new contracts, increased our U.S. business by 243% year-over-year and saw a 168% increase in new business worldwide year-over-year.
Most of the credit for our rapid growth goes to customer interest in our revolutionary Liaison ALLOY™ Platform. Customers all around the world are using ALLOY to take their digital capabilities to the next level because they understand that data drives innovation in the modern economy. ALLOY’s new features make it easier than ever for companies to gain the insights that make innovation possible.
We believe our consumer data plan-inspired three-tiered pricing structure is another factor in our rapid growth. This transparent approach, which is unprecedented in the industry, makes choosing the right solution simple. It also makes planning and budgeting easier; ALLOY users don’t have to worry about overage charges or metered services blowing up the budget.
Last month, Liaison announced the expansion of our global operations to Singapore, which was one of Q3’s most exciting developments. Why Singapore? That country has made a strong commitment to big data and technology enablement via its Smart Nation initiative, so our values align. Our new Asia-Pacific presence complements our U.S. and European operations and bolsters our footprint worldwide.
Another exciting thing about 2016 has been the number of awards and accolades we’ve earned:
- Finalist in the 2016 Database Trends and Applications Readers’ Choice Awards (ALLOY)
- Gold and Bronze in the 2016 Golden Bridge Business and Innovation Awards
- 2016 Stratus Award in the “Cloud Integrator” category
- Two People’s Choice Stevie® Awards for “Favorite New Products” (ALLOY)
- Two Bronze Stevie® Awards
As honored as we are to have earned plaudits and recognition from so many award committees and analyst groups in 2016, the most important honor the Liaison team received this year is from the marketplace: Customers have responded to the value we deliver with our powerful platform by awarding their business to Liaison. And that’s the best award we could ever receive.