Accelerated growth: Revenue up 14%, like for like
| SIDETRADE (MILLION EUROS) |
2019 Q1 | 2018 Q1 | VARIATION (%) |
|---|---|---|---|
| AI SALES & MARKETING | 1.0 | 0.8 | + 24% |
| AI FINANCIALS | 5.0 | 4.5 | + 11% |
| AI REVENUE LIKE-FOR-LIKE SALES |
6.0 | 5.3 | + 14% |
| B2C SERVICES | – | 0.6 | – |
| REVENUE | 6.0 | 5.9 | + 2% |
In the first quarter of 2019, Sidetrade revenue reached €6M, amounting to organic growth of 14%, like for like against Q1 2018. Let us recall that B2C Services have been withdrawn from revenue figures. This non-core business has been phased out, as announced in late 2018
Accelerated growth (14% 2019 Q1 vs +11% for all of 2018) comes from an amazing 24% leap in AI Sales & Marketing, as well as a double-digit jump (11%) in AI Financials.
Sidetrade AI a big success in Europe and the U.S.
The past months have seen fantastic commercial success in Europe and the U.S. This achievement shows Sidetrade’s ability to attract new customers with an indisputable technological lead in Artificial Intelligence technology. Marketing, Sales and Finance teams are turning to AI as a strategic tool to enhance the effectiveness of their teams throughout the customer lifecycle.
Sidetrade has been working with a range of top-tier customers: BPCE, ENGIE Cofely, Colissimo, Euro Car Parts, Hearst Magazines, France Air, France Télévisions Publicité, GfK, Inchcape, Saint-Gobain ADFORS, and Solocal. Sidetrade’s work with Sodexo (catering, facilities management, and other services) has been extended throughout Europe.
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