Samir Bodas, CEO, Icertis. Credit: Illustration by Sadhana Saxena
Synopsis
Across-the-board verticalisation in sectors including technology, pharma, life sciences, automotives, and industrials has helped Icertis achieve a milestone in annual recurring revenues. While the company is progressing on the path to profitability and has been preparing for an IPO.
Despite the predictions of a tough business environment in 2023, Icertis has achieved a major revenue milestone. Founded in 2009, the Washington-based company counts Mercedes-Benz, Accenture, and Microsoft among its clients. With USD250 million in 2023 annual recurring revenues, Icertis claims to be the only pure-play contract lifecycle management company to reach this mark. How did the company manage this feat? In a chat with ET Prime, Icertis
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