ALPHARETTA, Georgia — Profisee, the leading global provider of cloud-based, adaptive master data management (MDM) software, today announced record-breaking financial results, a first-to-market new software release and recognition as a Top Work Place for the 3rd consecutive year in its third fiscal quarter ending October 31, 2023.
Through the first three quarters of its fiscal year, Profisee grew year-to-date software bookings by nearly 100% compared to the previous year. Profisee continues to accelerate its traction on the Azure Marketplace which helps customers effortlessly purchase and license Profisee MDM while also contributing to customers’ Azure Consumption commitments. As a result, Profisee has seen a remarkable 400% year-over-year growth in Marketplace transactions.
“As organizations increasingly recognize the pivotal role of accurate and well-managed data in driving digital transformation along with advanced data and analytics use cases such as generative AI and data fabric, Profisee continues to be uniquely positioned to meet these pressing needs,” said Len Finkle, CEO of Profisee. “Our outstanding revenue growth is a testament not only to leading the market as a best-in-class MDM platform, but more importantly, to the incredible individuals who breathe life into our vision of making MDM easy.”
Profisee’s growth is no coincidence – it is a result of a strategic blend of innovation, expertise, and a keen understanding of the evolving data landscape within Microsoft Azure. Profisee continues to stand out as a pioneer and the leader in the market for Microsoft-centric customers by seamlessly integrating its MDM solutions with the robust Azure ecosystem. In Q3, Profisee released its highly anticipated 2023 R2 product release, allowing customers to create master data with Azure OpenAI and steward data natively in Outlook and Teams, a first in the MDM market.
“We’re excited that our 2023 R2 product release brought to market a revolutionary and the first-ever MDM implementation with Microsoft Adaptive Cards, allowing our users to manage master data natively in the tools they already use and love, Microsoft Outlook and Teams,” said Eric Melcher, Profisee CTO. “Profisee’s integration with the Azure OpenAI Service will help reduce manual stewardship efforts by up to 85% and also provides complete explainability by flagging any AI-generated values for human review.”
In addition to its record-breaking financial results and continued product innovation with Microsoft, Profisee realized several other milestones in the third quarter, including:
- Profisee was selected as 1 of 11 strategic global data partners in an exclusive Microsoft collaboration, recognizing the company among Microsoft’s most strategic and largest technology partners (ISVs) worldwide.
- Profisee ranked as the No. 1 software company by Atlanta’s “Top Places to Work” in 2023, its third consecutive year in the rankings and second year as the No. 1 software company.
- Profisee was the recipient of the prestigious “Values” award out of over 4,000 companies by the Atlanta Journal-Constitution, which highlights companies who operate with strong values.
- Profisee was certified to meet the DCSO Information Security Assessment (ISA/CVA), bolstering its commitment to security that includes SOC 2 Type 2, ISO 27001 and HIPAA/HITECH certifications.
Profisee MDM is how enterprises can finally solve the data quality issues that have been holding back so many strategic initiatives. With the industry’s only “make it easy, make it accurate, make it scale” approach to data management, Profisee helps companies get past the “brick wall” of data quality issues without the cost, complexity and risk of traditional MDM solutions.
Customers can leverage Profisee MDM SaaS for a true Software-as-a-Service experience, or maintain complete deployment flexibility in any cloud, on-premise or via a hybrid model. With a low total cost of ownership, fast implementations and a truly flexible multidomain platform, Profisee fully cleans and unifies your enterprise data — so you can finally make it happen.
Profisee operates directly in the United States, Europe and Australia — as well as through a network of Value-added Resellers (VARs), Systems Integrators (SIs) and world-class Professional Consulting firms across the globe — and offers customers 24/7 support. To learn more, please visit Profisee.com.