DueDil, the data intelligence company that gives businesses a platform to identify opportunities and manage risk, announces its most successful sales quarter to date as more UK and international companies use the DueDil tool to make better business decisions.
In Q2 2016, DueDil enterprise sales were up 118% year-on-year. New customers in the quarter include PayPal, Securitas Ireland, Netjets and Currencies Direct.
The records follow the decision taken by DueDil in February 2015 to focus its efforts on enterprise customers, moving away from its previous freemium model.
The company has also seen increased interest from the US following the June 23 Brexit referendum vote, as companies seek tools to help them navigate a rapidly changing business environment and understand the impact of Brexit on the UK and Europe. This trend is expected to continue into the rest of 2016, boosting DueDil sales further.
DueDil Co-founder and CEO Damian Kimmelman said: “Uncertain times create more risks for companies to avoid, but they also generate more opportunities to take advantage of. UK and international businesses increasingly understand that DueDil’s accurate, timely information about any company helps them do both, enabling them to act effectively and make better decisions. This has resulted in our record sales figures, and with the Brexit vote adding to economic uncertainty, I expect even stronger demand for our services.”
Following the Brexit vote, DueDil is also evaluating plans to develop an international presence outside of the UK – potentially through opening offices elsewhere in Europe. It will still continue to scale its presence in London and hire staff in the UK.