ParkourSC Revenue Surges by 126%
Company Makes Complex Supply Chain Decisions Simple with AI-Driven Insights that Drive Actions
SAN JOSE, CA, October 8, 2024 - ParkourSC, a leader in AI-driven supply chain decision intelligence solutions, today announced substantial momentum as its revenue has more than doubled from 2022 to 2024.
ParkourSC makes complex decisions simple. The company revolutionizes supply chain performance by addressing gaps in the market - delivering a speed at scale data engine combined with an Artificial Intelligence (AI) and Machine Learning (ML) - powered behavioral engine to automate decisions derived from real-time signals. ParkourSC’s Decision Intelligence platform is transforming supply chain operations.
With a keen focus on delivering exponential customer value, ParkourSC has achieved the following growth over the last two years:
- ACV Bookings Growth: The company's Annual Contract Value (ACV) Bookings have grown by 110% over two years, from FY 2022 to FY2024.
- ARR Expansion: Ending Annual Recurring Revenue (ARR) has increased by 114% from FY 2022 to FY 2024.
- Revenue Acceleration: The company's revenue has more than doubled, showing a 126% growth from FY 2022 to FY 2024.
“Today companies of all sizes aspire to make real-time supply chain decisions based on dynamic market conditions and shifting priorities. Yet, many are hindered by fragmented data silos, overwhelming real-time data signals, and process complexities that prevent timely decision-making. PakourSC’s LEAP platform is a game changer, quickly turning complex, disconnected data into actionable decisions,” said Mahesh Veerina, president and CEO of ParkourSC. “We are setting the new standard, enabling businesses to shift from static planning to dynamic, realtime decision intelligence. Our growth is proof that customers are closing these gaps with ParkourSC, driving efficiency and unlocking value at an accelerated pace."
"To continue supporting this momentum, we've expanded our leadership team, further underscoring ParkoursSC’s commitment to ongoing customer success," continued Veerina. "With these talented executives onboard, we further strengthen our ability to support our customers and meet the growing demand for AI-driven supply chain solutions."
World Class Talent Joins ParkourSC
Supply chain complexity doesn’t have to slow down decision-making. ParkourSC unleashes data and closes process gaps to provide actionable insights and proven automations, so users can make better decisions faster—driving efficiency, boosting profitability, and reducing risk. As the momentum keeps building with Decision Intelligence, ParkourSC is announcing the following key hires in its Sales & Go-ToMarket teams to continue to drive its growth and revenue goals with a commitment to customer excellence:
- Raj Aiyar - Vice President of Industry Solutions & Go-to-Market Strategy
- Bastian Kunze - Vice President and Managing Director, Europe
- Christian Sobb - Executive Vice President for Global Sales & Field Operations
- Fergus Van Niekerk - Vice President, Global Partner Organization
ParkourSC is thrilled to welcome this talented and experienced group of executives. These executives joined shortly after Mark Talens, Executive Vice President, Chief Strategy & Solutions Officer joined the company.
To learn more about ParkourSC, visit here.
About ParkourSC
ParkourSC makes complex decisions simple. We are transforming the global supply chain and operations landscape with an AI-driven dynamic decision intelligence platform engineered to enhance visibility, accelerate decision-making, boost business confidence, and unlock value in global supply chain networks. Specializing in highly scalable, real-time data integration and industry-specific analytics, ParkourSC empowers businesses to navigate supply chain complexities with greater agility, precision, speed, and confidence. Customers include Thermo Fisher, Novartis, and GE Appliances. Discover how ParkourSC can accelerate your supply chain at www.parkoursc.com.
Media Contact:
Suzanne Block
sblock@parkoursc.com
