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Follow UsSTOCKHOLM, SWEDEN: Logi Analytics, the analytics everywhere company, today announced the first stage of its expansion into Europe with the opening of a new office in Stockholm, Sweden to support its growing customer base in the Nordic region.
Logi Analytics will expand its European operation further by opening additional offices in continental Europe during 2014.
Logi Analytics has experienced more than 600 per cent increase in revenue worldwide over the past five years and the company recently announced a $27.5 million growth equity investment to support new product, further product development and expansion into new markets.
Simon Ryan, director of EMEA, Logi Analytics said: "This is an exciting time for all of us at Logi Analytics. With the introduction of Logi Vision earlier this month, we are poised to capitalise on the growth of the data discovery market, one of the fastest-growing segments of the business intelligence market. Not only are we opening an office in Stockholm, but we are also doubling the size of the UK team to support the opportunities here and the growth we have experienced to date. We've moved to fantastic new premises in Green Park, Reading to accommodate this expansion."
"Once an organisation sees the benefits Logi Analytics can bring by equipping its employees with the right information to drive business success, the users want it in place immediately to start capitalising on this new insight. It is to fulfil this increasing demand that we are expanding our presence in the UK, and opening our office in Stockholm to service the Nordic region," explained Brett Jackson, CEO, Logi Analytics.
Logi Analytics has seen an increasing number of sales opportunities in the Nordic region. Simon Ryan continued: "With Logi Vision and Logi Info, our customers are at the cutting-edge of driving business performance with opinions being replaced by data-driven decision making.
"The number of sales opportunities has increased dramatically, and we are delighted to be opening our local office in Stockholm to fulfill this demand. We will continue to build on the success we already have with partners and customers from the wide range of progressive companies that operate here."