The company’s innovative no-code platform to automate industry workflows and CRM gains significant traction amongst leading midsize and enterprise organizations around the Globe
Creatio, global provider of one platform to automate industry workflows and CRM with no-code and a maximum freedom, released an overview of its annual growth and milestones. Creatio’s 2021 growth was accelerated with a $68M minority investment led by Volition Capital in February, which came on the heels of an existing impressive net retention rate, revenue growth, and an industry-leading net promoter score of 34. In 2021, the company has been yet again recognized as a leader in the Gartner Magic Quadrant for Sales Force Automation and B2B Marketing Automation Platforms, as well as in multiple analysts’ reports for Low-Code/No-Code and Digital Workflow Automation.
Market and industry catalysts for Creatio’s 2021 growth include an increased need for enterprises to digitize workflows, enhance customer and employee experiences, and boost the efficiency of their commercial and operational teams. With digital transformation and an increasing need for tech talent amidst scarce developer resources, no-code is filling a critical gap between IT operations and business line leaders as a solution to automate workflows and build applications in their organizations without having to code.
Recommended ITech News: Semrush Offers Free Traffic Tools Subscription to Amazon Alexa Internet Users
Throughout the year, the company has launched eight platform updates to enhance its no-code, workflow automation and CRM offering. Today, only Creatio provides a combination of a no-code platform (Studio Creatio), CRM applications (marketing, sales and service), and industry workflows for 20 verticals and marketplace add-ons – all supported by genuine care for clients and partners.
Recommended ITech News: NTT DATA to Acquire Chainalytics, Strengthening Its Supply Chain Consulting and Analytics Capabilities
“In 2021, everything was accelerating with lightning speed. We saw a massive rise in new and inspiring agile organizations that offered new ways of engaging with their customers,” said Katherine Kostereva, Creatio’s Founder and CEO. “In this new economy, enterprises across every single industry are shifting from traditional processes to seamless digital workflows. It is this shift that is fueling a need for tech-enabled automation, including no-code, and is the foundation that’s driving mutual growth for us, our clients, and our partners globally.”
Creatio isn’t stopping there and has already planned one of the biggest in its history and most advanced platform upgrade. The new version will be presented on February 8th, 2022, during a one-hour digital event called Freedom Release. The new update will be fully compatible with the previous versions of the platform.
Recommended ITech News: Carlyle to Acquire, Expand Data Center Company Involta
[To share your insights with us, please write to sghosh@martechseries.com]
