Codifyd Announces the Most Successful Quarter in the Company’s History

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Codifyd sees significant growth in the first quarter of 2018 in comparison to Q1 2017.

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We are responding to our clients’ digital needs by offering highly customized solutions that are currently missing in the B2B space, and we look forward to continue working with our clients and partners to shape better product experiences and channel management processes.

Codifyd, the preferred provider of content-focused digital commerce and transformation solutions for B2B, today announced its end of quarter updates.

2017 was a turnkey year for Codifyd that set the organization up for meeting aggressive goals across functions. Codifyd took on the challenge of expanding its suite of offerings in response to the growing needs of its clients – and the results are already coming into fruition.

The first quarter of 2018 proved to be the most successful in the company’s history, validating the investments made both in people and offerings, and resulting in increased customer satisfaction, revenue and profitability.

Codifyd grew 72% in revenue, increased headcount by 61% and saw profitability percentage growth in double digits as compared to Q1 of 2017. Codifyd is on the path to achieve its revenue and profitability targets for 2018.

Increased adoption of Codifyd’s AI platform and associated services continue to accelerate the company’s momentum with the help of its dedicated team of digital product content and information experts.

“2017 was a foundational year where we aligned our business goals to client expectations. Q1 results give us the confidence that we are on the right path to continue supporting our clients in achieving positive and meaningful outcomes in the marketplace,” says Indranil Roy Choudhury, Codifyd’s COO. “We are responding to our clients’ digital needs by offering highly customized solutions that are currently missing in the B2B space, and we look forward to continue working with our clients and partners to shape better product experiences and channel management processes.”

About Codifyd
At Codifyd, we enable the world’s top distributors and manufacturers to reach their digital potential. With a content-centric approach, we create a failsafe system for organizations to manage complex data and information required in today’s digital commerce marketplace. Our digital transformation services and AI technologies enable operational efficiency for B2B organizations and their channel partners, while providing a superior research-to-purchase experience for end users and financial growth for sellers. To learn more, visit http://www.codifyd.com or contact us at info@codifyd.com.

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Shooka Rafizadeh
Codifyd
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