DocuWare shared the results of the financial year ending 31 March 2022 along with its growth plans to meet demand for digital transformation that remote work has propelled.
The company’s revenue increased by 24.7% from April 2021 to March 2022, while new customer growth for the same period has increased by 34.8%, accounting for over 3,113 new customers. Cloud revenue has grown by 50.5% with on-premises revenue increasing by 11.2%. DocuWare said it closed the last fiscal year with over 6,500 global cloud customers.
With the way cloud technologies have revolutionised business processes, forward-thinking business leaders in all markets are more open than ever before to adoption. Ease of implementation, with little input from IT departments, along with the secure, stable environment that the cloud guarantees, have contributed to the speed of digital transformations around the world and also in APAC, DocuWare expects this to continue.
To meet the increasing demands of a fast-growing global customer base, DocuWare has opened a new data centre for the Asia Pacific (APAC) region. Up until now, the company ran three separate data centres located in Europe, the US and Japan. The addition of this fourth location in Australia will allow it to effectively cater to both the storage and compliance needs of its APAC customer base.
“Over the last two years, we’ve seen an overall growth of 33% in customers from this [APAC] region,” said Dr. Michael Berger, DocuWare President. “Cloud momentum is building and enterprises of all sizes are leveraging intelligent technologies to automate processes. We want to provide our customers with the digital tools and cloud capabilities they need in a competitive business environment,” concluded Dr. Berger.
