Fiix announces Q1 results, significant increase in annual subscription revenue

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Fiix saw a strong start to 2017, with annual recurring subscription revenue in Q1 up by 25 percent over the last quarter.

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Fiix announces Q1 results, significant increase in annual subscription revenue

Fiix, the leading provider of cloud-based maintenance and asset management software saw a strong start to 2017, with annual recurring subscription revenue in Q1 up by 25 percent over the last quarter. Additionally, headcount is up 20 percent over the same period as the company continues to grow and attract top talent in Toronto’s competitive technology sector.

Fiix’s innovative, multi-tenant cloud platform delivers an intuitive user experience with low cost of implementation, which has helped the company capture key customers in the enterprise maintenance and asset management market. Q1 saw the company add customers across key verticals, including manufacturing, food and beverage, energy, and water treatment.

“Organizations are starting to understand that they need to invest in solutions that enable better decision making, or they risk being left behind. We’re focusing on being an ally to enterprises looking to modernize their maintenance departments by offering a solution that is easy to use, connected, and delivers strong business intelligence. We’re building off our Q1 momentum to extend all these capabilities, with new feature releases coming later in the year,” says James Novak, COO of Fiix.

Fiix’s software enables customers to transform their approach to maintenance. Introducing more robust business intelligence into facilities by capturing and tracking maintenance data moves businesses away from costly reactive maintenance, towards preventive strategies. By proactively dealing with equipment repairs before they become bigger issues, organizations can reduce downtime and maximize productivity and performance.

To learn more about Fiix, visit http://www.fiixsoftware.com.

About Fiix
Fiix creates modern, intelligent maintenance software that’s easy to use, flexible, and affordable. Its cloud-based CMMS is disrupting the market by revolutionizing how thousands of companies worldwide schedule, organize, and track maintenance. Learn more, at http://www.fiixsoftware.com.

Fiix® is a registered trademark of Maintenance Assistant Inc.

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Shane Skiffington
Fiix
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