
SapphireIMS has announced that it has achieved 90% CAGR. With an aim to expand its business reach in the Western and Northern regions, the company looks forward to maintain the same CAGR percentage in the current financial year.
As per SapphireIMS, it has gone through significant growth due to the array of portfolio offerings which include Service Desk, Assent Lifecycle Management, Business Service Monitoring and Service Automation. Managed Service Providers are increasingly using SapphireIMS in their engagements.
Shafi Ahamed, CEO & Co-Founder, Sapphire, said, "We have received a good response across the verticals last year. The acceptability of SapphireIMS among SMBs has drastically increased. We were able to maintain our 90% growth last year and would look forward keenly to keep up the pace of healthy growth in this year as well. We are looking forward to exploring newer verticals to increase our business prospects."
The company has achieved these results by generating major business from verticals such as Manufacturing, BFSI, Healthcare, Education, Retail, and Logistics sectors.
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