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K2 Achieves 70 Percent Increase in Annual Recurring Revenue; Drives Significant Customer Momentum with Over 150 Percent Increase in Adoption of the K2 Cloud Platform

Company's FastFWD worldwide virtual event to launch on April 21-23, featuring industry thought leaders, customer case studies and new product innovations

K2, a leader in intelligent process automation, announced the company achieved more than a 70 percent increase in recurring revenue in 2019 and over 150 percent increase in cloud adoption. Recently named to JMP Securities “Hot 100” list of privately-held software companies, K2 added 100 new customers to its robust portfolio of more than 2000 enterprise organizations. K2 will also launch its worldwide virtual event, FastFWD on April 21-23, 2020 highlighting key customers from some of the world’s best-known brands. At the event, K2 will also share information about the apps and resources it’s offering to help organizations around the world navigate the COVID-19 pandemic.

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K2 helps thousands of companies worldwide transform their manual, paper-based processes and legacy systems into streamlined, automated digital processes to drive business efficiency and improved customer experience.

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“Over the last year, we have seen a tremendous amount of growth led by the adoption of K2 Cloud. That in combination with our relentless focus on product innovation and customer success will drive even more market momentum in the coming years,” said Evan Ellis, president and CEO at K2. “For the past 20 years, K2 has had the privilege of helping thousands of companies around the world transform their business through innovative intelligent process automation solutions. Now more than ever, we are here to help our customers accelerate their digital transformation and business results.”

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