Copado Announces Blockbuster FY2020 Results, Driven by the Transformational Value DevOps is Delivering to Salesforce Customers

FY2021 Poised to be "The Year of the Customer" with New Investment, Global Expansion, Broad Skills Enablement and Continued Growth

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Copado

Feb 20, 2020, 08:55 ET


CHICAGO, Feb. 20, 2020 /PRNewswire-PRWeb/ -- Copado, a leading native DevOps platform for Salesforce, today announced tremendous growth during its fiscal year ending January 31, 2020. The company closed out the first year of outside investment with more than 140% year-over-year revenue growth, over 500 customers on the roster and tripled its global headcount. Based on a foundation of proven customer success, Copado is now on a path to exceed $100 million in annual recurring revenue (ARR) in the next 3 years.

Last year, Copado redefined how to measure success on the Salesforce platform with its data-driven approach to delivering faster velocity, higher quality and improved trust across customer transformation projects. As Salesforce continues to lead the market in digital transformation, the technical sophistication and the size of the delivery teams continues to grow exponentially resulting in the need for a more disciplined delivery process based on DevOps best practices.

"FY2020 was the year we found our voice," said Ted Elliott, chief executive officer for Copado. "We went to the market and defined what Salesforce DevOps success looks like, explained how to do it and sold the tools to achieve success. The ecosystem rewarded us with a breakthrough year, exponential growth and thousands of people lining up to get trained on how to deliver success on the Salesforce platform. Copado is driving customer success by helping organizations deliver digital transformation projects on time with the highest levels of trust and quality. Based on customer traction, we expect our growth blitz to continue into the new year."

Customer Success: At the heart of the DevOps movement is measurable customer success. Copado DevOps breaks down the silos that grow within delivery teams and offers a new level of visibility and transparency to the development and operations of Salesforce projects. Over 500 of the largest and most sophisticated Salesforce customers standardized on Copado to help deliver their transformations faster and with higher quality including: AmerisourceBergen, BMW, Boston Scientific, Cigna, Cisco, Conga, Linde, National Casualty, The Veterans Administration and Vodafone. Additionally, customer expansion and retention remained over 110%, with many existing customers expanding their Copado footprint to include end to end Continuous Integration, Continuous Delivery and Advanced Data Deployment all running natively on the Salesforce Platform.

Company expansion: Copado grew employee headcount by over 300% in FY2020, adding multiple Salesforce veterans to the leadership team, doubling the product and development teams, and tripling the size of its sales team. The company opened its North American headquarters in Chicago and, in Europe, added offices in London, Paris and Munich to serve customers throughout the continent.

In December, Copado announced it will open an office in India and launched its Salesforce DevOps certification program to support in-demand skills for the fourth industrial revolution. The company expects to train 20,000 people this year, enabling professionals in India to build the needed DevOps skills for the Salesforce platform.

New platform features: Copado launched multiple releases over the year. Winter 20, the only 100% native, end-to-end CI/CD DevOps platform for Salesforce, and introduced DevOps 360, data-driven DevOps for Salesforce. Copado DevOps 360 brings together all the DevOps data from Salesforce into a collaborative DevOps platform that tracks the innovation delivery performance of a Salesforce implementation.

With the launch of Summer 19 last May, Copado introduced full DX support and the Pathfinder Success Methodology which allows customers to go live with native DevOps embedded in their Salesforce projects in less than 30 days.

Integrations with Microsoft Azure DevOps, GitHub and Atlassian were launched in 2019, enabling developers who use these popular tools in their software development life cycle to create a continuous pipeline of innovation from the Salesforce platform directly to the end customer.

Industry recognition: Copado received numerous awards in FY2020, including

In October, Copado issued its first "State of Salesforce DevOps" report to benchmark Salesforce delivery performance metrics against industry-standard DevOps metrics. Its research found that companies implementing a DevOps strategy for Salesforce report significant return on investment, upwards of $5 million for the high performers.

Follow Copado:
LinkedIn: https://www.linkedin.com/company/copado-solutions-s.l/
Twitter: https://twitter.com/CopadoSolutions

About Copado
Founded in 2013, Copado is a leading DevOps platform for Salesforce. For enterprises wanting to accelerate their Salesforce deployments, Copado simplifies the release process, increases developer productivity and maximizes return on investment. The platform is comprised of Agile Planning, Release Management and Compliance & Testing. Backed by Insight Venture Partners and Salesforce Ventures, Copado counts more than 200 enterprises as customers, including Fair Trade, MassMutual, Shell and Vlocity. With more than 7,500 installations, Copado has received the top rating of 100 percent positive feedback on Salesforce AppExchange. More information can be found at: https://www.copado.com/

SOURCE Copado