NEWS

Experlogix Posts Record Growth in 2016

CPQ leader reports 83 percent growth in net-new customer sales and significant new business originating from Europe and Asia Pacific

Experlogix, LLC, the global leader in Configure, Price, Quote (CPQ) solutions for Microsoft Dynamics, announced today another record breaking year of sales growth and industry accolades. During the past year, a wide range of new customers were added, spanning a broad spectrum of industries and sizes, from Fortune 500 to SMB. Revenue grew at a double digit rate, a pace which has been consistently maintained for the past 12 years.

“It has been a truly amazing year of high honors from industry leaders, innovative product development, and sustained strong demand for CPQ solutions in the market,” said Christian Stepien, President of Experlogix. “Our laser focus on building a world-class cloud CPQ experience, with best in class integration to market leading CRM and ERP platforms such as Microsoft Dynamics 365, continues to pay off.”

In addition to strong revenue growth, Experlogix received awards and recognition from Microsoft and Gartner. Microsoft honored Experlogix as its 2016 Dynamics US ISV of the Year, crediting sales contribution, unparalleled cross-platform support, and extreme focus on customer satisfaction as reasons for our selection. Gartner recognized Experlogix in their October 2016 Market Guide for Configure, Price, Quote Application Suites.

Additional 2016 highlights include:

  •  Release of Version 8.0, a major new product update featuring a sleek new modeling environment, unlimited levels of nested configurations, seamless integration with the new Dynamics 365 and Mobile Client platforms, exciting new UI and Rule capabilities, and much more.
  •  The first CPQ Application certified on Microsoft’s AppSource marketplace
  •  The only CPQ on Microsoft AppSource supporting both Dynamics 365 Sales (CRM) and Dynamics 365 Operations (ERP)
  •  Announced first cloud-based CPQ for Dynamics AX 7 (Dynamics 365 for Operations)
  •  83% new customer revenue growth with significant international demand

“In 2016 we worked in concert with Microsoft to secure major wins in multiple industries worldwide,” says Scott Rich, Executive Director of Strategic Alliances, Experlogix. “We’re looking forward to another record shattering year of product innovation and growth in 2017, as customers and partners of Microsoft continue to turn to us with confidence to solve their complex CPQ requirements.”

About Experlogix

Experlogix is a leading provider of cloud-based CPQ (Configure, Price, Quote) software. Its solutions help companies sell complex configurable products and services with ease. Experlogix integrates with popular CRM and ERP platforms to accelerate quote-to-cash processes. Experlogix is recognized as a global leader in Configure Price Quote technology with thousands of customers worldwide in a variety of industries, including: Allegion, Aristocrat Technologies, Ascom, Assa Abloy, Heineken, Jayco, Larson Juhl, Lexmark, Libbey, Malibu Boats, Mitsubishi Caterpillar Forklift, Mitsubishi Heavy Industries, Nikon Instruments Europe, Okuma America Corporation, Otis Elevator, Permobil, Thermo Fisher Scientific, Toyota Industries, and Zurn Industries.