Upside Learning Records YOY Growth Of 97% In FY 2012
For Upside Learning, the first half of FY 2012 ended with a stunning YOY growth of 97%. Revenues for this leading provider of learning technology solutions company are primarily driven by UpsideLMS, its multi award–winning Learning Management System, and Custom Learning Solutions, which include tailor-made solutions for desktops and mobile devices.
Upside Learning's growth story continues as the company recorded a staggering 97% YOY growth for Q1-Q2 in FY 2012. The high YOY growth highlights the growing adoption of the company's wide range of learning solutions, especially its multi award-winning Learning Management System, UpsideLMS, and Custom Learning solutions, which include tailor-made solutions for desktops and mobile devices.
While the increasing sale of its solutions and services has been a driving force for the company's growth, another key driving force is the rapidly growing partner network. New partnerships in regions like the UK, Middle East, Thailand over the past couple of months have enabled Upside Learning to widen its global reach.
Upside Learning has always believed in innovating itself and its products and services. True to this and with a view to enhancing its growth further, the company has chalked out a promising product roadmap for its solutions - UpsideLMS and Upside2Go, its revolutionary mLearning platform. The coming quarters will see several enhancements in both these products.
The company has recently appointed a Director of Client Solutions for the UK and Europe. This appointment will bolster the company's efforts in extending its reach in the UK and Europe regions, thereby strengthening its growth.
"The financial results for the first half of the year are satisfying as well as encouraging for us. For our clients and partners, it signifies our responsive approach to the changing business needs which has resulted in the positive growth curve. While for us, it presents an opportunity to perform even better by the end of this financial year," said Amit Gautam, Director of Technology Solutions at Upside Learning.
Recently Upside Learning has also won a Brandon Hall Award for one of its custom eLearning projects. This underlines the company's commitment towards providing world class learning solutions and services.