End of a Great Year: Record Growth for 2014
by Lance Merker on January 20, 2015
It's hard to believe 2014 has already come to an end. But, I must say, it ended on a great note for OmniUpdate. I couldn't be happier with the results—both from a product development standpoint and a financial standpoint. It truly was a seminal year for our organization.
Version 10 of our content management system OU Campus™ has been our focus and passion for the past year. With its rollout in the early part of 2014, we opened new doors for our customers. As a platform, OU Campus now offers more extensibility than ever before and helps to solve the digital marketing challenges of the higher education web community, especially with the addition of new modules, such as email marketing and blogs, and gadgets for the product that are being developed by OmniUpdate staff and customers. We're now better positioned to address our customers' long-term content management and digital marketing needs, and we are so excited to see where our customers take our core products and modules. The possibilities are endless! The majority of our customers are now in version 10, and the feedback we've been getting is exhilarating.
In 2014, we experienced the highest level of financial performance in our company's history. With higher year-over-year new customer additions and increased sales of product modules to our existing customers, revenue grew to new record levels.
I applaud the entire OmniUpdate team for their hard work and dedication throughout the year. Our growth and University Business Top Product recognition for the third year in a row provide solid testimony to our product’s quality and our employees' commitment to service. 2014 has laid the groundwork for a very exciting 2015!