Celebrating a Great 2016, Looking Forward to an Even Better 2017
Thanks to all of our customers, partners and employees, we are able to celebrate the best year in JAGGAER’s 22-year history. This past year was pivotal in reshaping our business and propelling us forward to an even brighter future. The results speak for themselves. We ended 2016 with our highest revenue levels and we added more than 50 new customers, all while remaining the market leader in providing powerful procurement solutions to higher education. Additionally, we expanded extensively into new commercial markets segments, including transportation, manufacturing and consumer packaged goods.
Today, JAGGAER solutions are used by over 280 major colleges and universities worldwide, with 30 new schools and school systems coming on board in the last year. We want to extend a special thank you to these new customers, including Utah Valley University, Liberty University, Florida State University, Loyola University of Maryland, Macquarie University of New South Wales, University of Auckland and the University of Warwick in the United Kingdom.
We also saw tremendous growth in commercial businesses with more than 50 percent of our customer base representing businesses. Significant customers include Starbucks, Levis, Kimberly-Clark, Safeway, J.M. Smucker and Rite-Aid.
Customers are at the center of everything we do at JAGGAER and their feedback will continue to shape our innovation and business strategy.
“The depth and breadth of our solutions is unmatched in the marketplace. We are now coupling customer feedback with market analysis, and our focus is to provide the most complete, user friendly Source to Pay suite available for any business needs, from simple to complex. Our goal in 2017 to become the dominant spend management solutions network, across multiple industries,” says Robert Bonavito, JAGGAER CEO.