Forward-Thinking Companies That Use Sugar Find They Don't Need to Sacrifice Either Business or IT Objectives
CUPERTINO, CA--(Marketwired - Jun 8, 2016) - SugarCRM Inc., the company that enables businesses to create extraordinary customer relationships with the most empowering, adaptable and affordable CRM solution on the market, today announced the results of its first quarter of fiscal year 2017. Fresh off a record-breaking fourth quarter, SugarCRM continued to win business with large companies in Q1. Global brands in the automotive, manufacturing and publishing industries selected Sugar to help transform their customers' experience.
"With Sugar you get the best of both worlds. CIOs appreciate not being locked into an inflexible cloud with no control or choice, while individual users get a modern CRM that helps them transform customer relationships," said Larry Augustin, CEO of SugarCRM. "We won business against our competitors in Q1 because companies have recognized their CRM must be a flexible tool that gives employees the business answers and customer insights they need to succeed, without forcing a change in IT philosophy."
First-Quarter Fiscal Year 2017 Financial Highlights and Company Momentum
SugarCRM's growth was marked by demand for Sugar among businesses choosing CRM freedom with the flexibility to sync sales and marketing teams, seamless integration with other enterprise systems, customization capabilities to fit unique business processes, and a best-in-class mobile CRM offering. Notable financial highlights for the quarter include:
Other Notable Highlights
For more information about SugarCRM please visit http://www.sugarcrm.com.
SugarCRM enables businesses to create extraordinary customer relationships with the most empowering, adaptable and affordable customer relationship management (CRM) solution on the market. Unlike traditional CRM solutions that focus primarily on management and reporting, Sugar empowers the individual, coordinating the actions of customer-facing employees and equipping them with the right information at the right time to transform the customer experience. Based in Silicon Valley, SugarCRM is backed by Goldman Sachs, Draper Fisher Jurvetson, NEA and Walden International. More than 1.5 million individuals in over 120 countries rely on SugarCRM. To learn more visit SugarCRM or follow @SugarCRM.
NOTE: SugarCRM and the SugarCRM logo are registered trademarks of SugarCRM Inc. Third-party trademarks mentioned are the property of their respective owners.
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