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Visible Technologies(R) Smashes Company Records; Roars Into 2012Strong Customer Demand for Social Intelligence Platform Key to Momentum (February 22, 2012)
BELLEVUE, WA -- (Marketwire) -- 02/22/12 -- Visible Technologies®, the leading provider of social media monitoring, analytics and engagement software and services, today announced record results and sustained growth driven by strong demand from enterprise customers. Executing at the very highest level to lead the Social Intelligence market, Visible® increased its year-over-year sales by 70 percent in 2011. The exponential growth results from both strong renewals and doubling of new business over the past year.
Visible experienced the best quarter in the company's history in Q4, including a single day sales number in December that surpassed any one-day sales figure since Visible's inception. Q1 is positioned to yield even greater sales with the addition of a small and mid-sized business (SMB) offering, expanded engagement capabilities and additional language support within the Visible Intelligence® platform, designed to better serve the social Customer Relationship Management (sCRM) market. For enterprise customers, Visible announced the launch of V-IQ, a new social performance dashboard. Recent market shifts are driving demand and creating a need for evolving technologies focused on deeper analytics capabilities to measure Social Intelligence.
"Our record-breaking sales and substantial growth across all lines of the business represent the validation of our product strategy and the continued maturation of the market," said Kelly Pennock, CEO of Visible. "By all measurement, 2011 was a banner year for Visible and the company continues experiencing the strongest demand ever. Today we both recognize the achievements of our team and introduce new products into the expanding Visible portfolio of Social Intelligence software."
Continuing its product innovation, the company today announced VI-LITE, its highly anticipated social media solution for SMBs, planning to use social media as a way to leverage consumer-driven social channels for business improvement. Visible also unveiled V-IQ, its new social performance dashboard that aggregates social media data with other key data sources to provide a single view of social performance metrics with other key business metrics.
From small and medium-sized businesses to large enterprises, businesses of all sizes choose Visible to surface critical customer data, inform business strategies and support customer service engagement to grow their brands. The company offers the broadest set of products that reach across a variety of industries, including retail, pharmaceutical, entertainment and financial services, among many others.
About Visible Technologies
Visible is the leader in social media monitoring, analytics, engagement and social performance dashboard solutions for the SMB and enterprise markets. From VI-LITE, a solution for the SMB market, to Visible Intelligence, an enterprise solution and V-IQ a social performance dashboard, Visible delivers big improvements in competitive and brand intelligence, marketing ROI and customer insights through software and services that activate brand communities at internet speed and enterprise scale.
Visible®, Visible Intelligence®, VI-LITE and V-IQ are registered trademarks of Visible Technologies, Inc. All other trademarks are property of their respective owners. Other product or company names mentioned may be trademarks or trade names of their respective companies.
Barokas Public Relations for Visible Technologies
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