Mobile app testing solution provider posts accelerated performance in new and recurring revenue
ATLANTA – July 23, 2018 – Mobile Labs, a leading provider of device clouds that speed mobile development and mobile testing, has announced exceptional growth in both revenue and customer acquisition through the first two quarters of 2018.
During the first half of the year Mobile Labs exceeded its new business revenue target by nearly 64% and beat its renewal revenue target for this same time period. The combined numbers place Mobile Labs on a path to significantly exceed its year-over-year growth plan. Currently numbers show a 20% higher than original plan performance, which in itself was a significant growth goal over FY 2017.
In addition to revenue growth, Mobile Labs has earned its share of industry awards thus far for 2018. Silicon Review named Mobile Labs one of its top 10 fastest growing mobility companies for 2018 and SD Times placed the company on its 2018 Top 100 'Best in Show' in Software Development for Testing Tools list.
"The sustained, rising rate of new installations of our mobile device cloud is fueled by enterprises that need to increase speed of delivery," says Mobile Labs President and CEO Dan McFall. "These customers are accelerating web content, gaming, and app delivery by using our "instant-on" Appium test automation server and custom tools and by offering secure, instantaneous cloud support to their developers, testers, and other engineers all over the world. The ongoing rate at which existing customers are both renewing and growing their use confirms our role as partners with them in their success."