Brainshark Closes Q1 with 89% Increase in Net-New Customers
Companies Across Industries Choose Brainshark's Award-Winning Solutions to Help Client-Facing Teams Drive Productivity
Brainshark, Inc., the industry’s only data-driven readiness platform, announced growth and momentum from the first quarter of its fiscal year (Jan. 1-March 31, 2020). As more organizations rely on Brainshark to increase the performance and productivity of client-facing teams, Q1 results include:
- Total net-new customers increased by 89% over Q1 of 2019.
- Net-new revenue grew 36% over Q1 2019.
- Number of 2-year commitments from existing customers increased 116% over the same period last year – highlighting the value customers achieve with Brainshark.
Organizations that selected Brainshark’s readiness solutions in Q1 include Ansell, Information Builders, Livingston, Option Care Health and OwnBackup. In particular, Brainshark saw strong growth among technology, life sciences, healthcare and medical device industries.
Read Also: Why Is Sales Enablement Important?
“Companies around the globe use BMC software solutions and services in their journey to become an Autonomous Digital Enterprise. Supporting them means that sellers need to be ready for the next customer or prospect interaction,” said Jay Blinderman, Director, Solutions Marketing at BMC. “With Brainshark, we’re able to quickly create and deliver sales learning content, provide coaching, share best practices across peer groups, and see and measure what’s working. These capabilities were especially valuable when our in-person sales kickoff had to be converted to a virtual event. Brainshark was instrumental in enabling the event to go on, virtually. Our sales team was able to hear from executives, complete key learning activities and demonstrate comprehension – all online and on-demand.”
With Brainshark’s data-driven readiness platform, organizations can comprehensively tackle and improve the effectiveness of sales and other critical functions – with solutions for content authoring, onboarding and training, coaching and practice (including artificial intelligence-based feedback), readiness scorecards and more.