LiquidFrameworks Delivers Record Breaking Bookings and Revenues Paired with Remarkable Employee Growth in 2018
LiquidFrameworks, the leading mobile field operations management solutions company, specializing in the energy industry, announces it achieved record breaking bookings and revenue, paired with remarkable employee growth in 2018.
HOUSTON, Jan. 30, 2019 /PRNewswire-PRWeb/ -- LiquidFrameworks announced today that it achieved a record breaking 62% year-over-year increase in bookings for its fiscal 2018. In addition, revenues spiked 37% from 2017 to 2018, signaling tremendous ongoing momentum for the company as it enters 2019. To stay at pace with the company's growth trajectory, LiquidFrameworks increased the size of its team by a remarkable 43%.
LiquidFrameworks' Vice President of Worldwide Sales, David Levitt, attributes the continued growth of the company to the impact the FieldFX product suite has for its customers. "There is an increasing demand for easy-to-use, 'quote-to-cash' solutions that deliver a quantifiable return on investment within the energy industry. Our domain expertise in this industry has led us to become the de facto standard for service companies throughout the energy value chain."
LiquidFrameworks' FieldFX solution is a cloud-based mobile field operations software suite designed to manage contracts, quotes, equipment, jobs and field tickets along with customer-specific electronic forms such as safety incidents, inspections and other operational data reports. FieldFX was designed specifically for field personnel, in order to increase usability and, therefore, increase and accelerate the value of the implementations. The FieldFX solution also works both online and offline, which is critical for service companies in the energy industry.
"The energy industry is experiencing a transformation, focusing on the elimination of paper quotes, tickets and forms," Levitt said. "At the same time, the operators are challenging their vendors to streamline processes to become more efficient and FieldFX helps them to do just that."
"This past year was an incredible one for LiquidFrameworks and for our customers," said Travis Parigi, Founder and COO of LiquidFrameworks. "The fantastic expansion of our customer base, the ever expanding breadth of the FieldFX product suite and the significant expansion of our internal team is propelling our customers and Liquidframeworks to new heights."
To learn more about how mobile field operations management solutions can add value to your service company visit http://www.liquidframeworks.com.
About LiquidFrameworks
LiquidFrameworks is a leading provider of cloud-based, mobile field operations management solutions serving the energy, industrial and environmental services industries. LiquidFrameworks' FieldFX® solution provides companies with numerous benefits, including increased and accelerated revenue capture, increased cash flow, improved contract compliance, increased invoice accuracy and improved customer responsiveness. LiquidFrameworks is based in Houston, Texas. To join the conversation, follow @LquidFrameworks on Twitter.
SOURCE LiquidFrameworks, Inc.
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