Managing Partner at High Alpha and former CEO and co-founder of...
With 300,000+ unique SaaS user licenses, $300M+ of annual spend and 6,000+ SaaS providers cataloged on the Zylo platform, company is launching new data science practice to unlock value for large enterprises
INDIANAPOLIS–(BUSINESS WIRE)–Zylo, the leading enterprise SaaS optimization platform, today announces significant growth and new client additions with industry leaders in pharmaceutical, financial services, cloud consulting and technology sectors. The company also doubled employee headcount in the recent quarter with key hires in engineering, product management, data science, sales and customer success.
Since launching from venture studio High Alpha in June 2016, the Zylo platform is managing over 300,000 unique SaaS user licenses and more than $300 million of annual SaaS spend on behalf of its customers. The platform also features over 6,000 SaaS providers tagged with application category and function data. Product integrations include Salesforce, Slack, Okta, Intacct, Netsuite, Onelogin, Concur, Veeva Vault, Veeva CRM, Expensify, G Suite by Google Cloud and Microsoft Office 365.
With this growing set of SaaS spend and utilization data, Zylo is launching a new data science practice to unlock value for large enterprises. Key features will include renewal management, early warning systems for improving user utilization and predictive tools helping CIOs and business leaders discover the optimal combination of SaaS tools for their business.
“Zylo has experienced tremendous growth over the last year – from building our team of SaaS experts to connecting strategic product integrations to winning key enterprise customers,” said Eric Christopher, CEO of Zylo. “We are pioneering a new category of software and are delighted that our customers are seeing positive ROI within days to weeks of going live on Zylo.”
Zylo will be showcasing these new capabilities at Oktane 17 from August 28th to 30th. This announcement follows Zylo being named as a Spend Matters 2017 50 to Watch Company. For more information visit www.Zylo.com.
Zylo is the leading enterprise SaaS optimization platform that transforms how companies manage and optimize their SaaS applications. By aggregating SaaS spend, user utilization and feedback, Zylo provides one real-time system of record and helps business leaders discover, manage, measure and optimize their SaaS investments. Visit zylo.com for more information.
BLASTmedia for Zylo
Kelsey Koralewski, 317-806-1900
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