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Tech pioneer Netigate Doubles in size
The Swedish cloud service provider Netigate continues to grow and has doubled in size over the last three years. In 2018, the company grew by 21% and saw revenue of 134 million SEK, with 6 million in profit. ‘We are proud to have achieved strong organic growth while managing to make a profit at the same time’, says Tom Nyman, Chairman of the Board at Netigate. Netigate develops and provides cloud-based services, with a focus on surveys used for customer experience, employee experience, and market research. Also contributing to their international growth is the success of the company’s German division. In 2018, it became larger than the home market in Sweden for the first time, supported by strong and steady growth across the business’s other offices. Netigate’s growth is not only due to their international expansion and increased sales efforts. There has been a shift in how companies work with data, and the demand for feedback as a basis for decisions is growing. Netigate’s plans for expansion will continue into 2019, with their sights set on entering the UK market next.