Utelogy Corporation announced significant growth in YoY revenues and bookings of 270%. The company says that remote and hybrid workspaces with flexible collaboration areas are becoming the rule rather than the exception. The management of these systems is shifting from AV-based to IT-focused. The emphasis is on networked systems offering performance, quality and easy collaboration, whether employees are working in an office or from home.
“Utelogy is responding to the needs of an increasingly connected and technology-reliant global workspace by delivering cost-saving solutions with elevated user experience through insights and analytics,” Utelogy CEO Kevin Morrison said. “We are also continually growing our global partner network to meet the increasing demands of our enterprise customers.”
“In the last 12 months, we have been focused on our development efforts in preparation to launch High Availability and a fuller analytics dashboard suite. Our vision has always been to provide a tool set that delivers actionable intelligence on how businesses use their technology, how it performs and how the workplace is utilized. This data can then be used to make better and more informed decisions. Focusing on the voice of the customer has given us the ability to grow Utelogy 270% from Q1 2020 to Q1 2021. This falls in line with the recent AV Service Management trends report by *Futuresource that predicts a 400% growth rate in the next four years,” Morrison said.
Utelogy says it is seeing a shift from a traditional product “break/fix” approach to “intelligent” managed services models offering comprehensive solutions combining AV devices, software and exceptional support. These changes occurring in the global workspace require organizations to adapt their logistical operations as well as their business mindset, presenting challenges but also significant growth opportunities.
“Organizations are looking for the right tool set of technology and services,” said Jonathan Mangnall, managing director, EMEA, Utelogy. “Our platform turns the support for this initiative from reactive to proactive, resonating with companies who are more geographically dispersed than ever.”
Utelogy’s customers range from small organizations to large multinational enterprises and higher education facilities.
The Utelogy platform is based on an open architecture that is agnostic to both hardware or software, allowing for greater compatibility and integration between AV/UC devices from many manufacturers.
Significant areas of the company’s growth range from its home base in the United States to key international markets across Europe, Africa, the Middle East and Asia Pacific.