Device Magic Continues to Experience Significant Growth in Fiscal Year ‘18
Device Magic, a leading global provider of mobile forms and data collection software, announced today that it once again demonstrated consistent, significant growth in fiscal year 2018. While remaining organically funded, the company reports experiencing over 450% three-year recurring revenue growth. In addition, Device Magic is expanding and recently moved its headquarters into a new space in downtown Raleigh, North Carolina to accommodate planned growth.
While remaining organically funded, the company reports experiencing over 450% three-year recurring revenue growth.
“We are excited by our continued growth in FY 2018. The growth was chiefly due to the acquisition of new customers, many of which are large enterprises, and the expansion of existing customers thanks to new features,” said Dusan Babich, CEO and co-founder of Device Magic.
To support the sustained growth, Device Magic moved the company’s headquarters into a larger space in January 2019. “In order to maintain growth, we need to scale our company. In 2018, we realized that we were in need of a larger workspace, and we are pleased to have that continue to be in downtown Raleigh,” said Babich.
The software company also plans to nurture expansion by continuing its investment in top talent in 2019. For current position openings, visit the Device Magic site’s Careers page.
“We are excited by our continued growth in FY 2018. The growth was chiefly due to the acquisition of new customers, many of which are large enterprises, and the expansion of existing customers thanks to new features,”
– Dusan Babich, CEO and co-founder of Device Magic
Device Magic mobile forms software helps organizations replace legacy data collection processes and paperwork with secure, efficient processes using mobile devices. Its robust, stable platform is intuitive and easy to use, as well as IT-approved. Device Magic offers 26+ out-of-the-box integrations, in addition to its own API, and simplifies the automation of business processes through workflows and conditional formatting. In FY 2019, the company plans to release several new product features and enhancements for new and existing customers.
See CIO Applications’ report on Device Magic’s growth.
About Device Magic
Device Magic is a mobile forms software and data collection app used by thousands of organizations worldwide every day. We make it easy for businesses to eliminate paperwork, improve data quality and increase efficiency through mobile forms. As a result, Device Magic is a top-rated iOS app for mobile data collection. Device Magic continues to provide a unique company culture and has been named a 2018 Best Place to Work by the Triangle Business Journal, in addition to Company of the Year in CIO Applications’ “Top 25 Field Service Solutions Providers – 2018.” While remaining organically funded, the company reports experiencing over 450% three-year recurring revenue growth.