By ET Bureau - July 27, 2022 3 Mins Read
Industry-leading field service SaaS provider continues to show impressive growth in H1 2022 and is recognized as a top 100 software company
WorkWave®, a leading provider of SaaS software solutions that support every stage of a service business’s life cycle, continues to deliver impressive growth with 168% year-to-date (YTD) growth and Q2 revenue growth of 148% year-over-year (YOY). Software sales have been the main driver behind this momentum, growing at 173% YTD, reflecting WorkWave’s consistent ability to deliver innovation and partner with customers to drive their success. As a sign of its growing influence, WorkWave has also been recently named one of the Top 100 Software Companies of 2022 by The Software Report.
“During these times of uncertainty it is even more critical that we continue to focus on consistently delivering tangible value to our customers. That, combined with our ability to be a strong partner, will carry them — and WorkWave — through any challenges they may face,” says WorkWave CEO David F. Giannetto. “We expect our outstanding success to continue, and believe that our constant focus on running a well-managed, profitable, organically growing business puts us in a superior position versus our competition.”
New customer growth improved 68% YTD, with a 122% net retention rate thanks to WorkWave’s continued efforts to provide excellent service, in addition to strong solutions, to its customers. Most notably:
As a result of this year’s strong growth, WorkWave has seen a 243% increase in employee growth YOY, and has been named one of NJBIZ’s 2022 Best Places to Work for the eighth consecutive year.
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