SourceFuse, a leading provider of cloud-native, purpose-built solutions and services for businesses, today announced that it achieved record growth in 2022. This follows a series of significant achievements fueled by accelerated demand for cloud migration, custom app development, app modernization, DevOps, and SourceFuse managed services.
2022 saw phenomenal customer success with SourceFuse. To cite just a few examples among many, they include working with a multi-billion dollar e-commerce brand in the US and a global ERP provider moving to a modernized tech stack that lowers total cost of ownership and improves efficiency, scalability and security improved.
Another customer success story was providing proactive monitoring, incident response and security management of its cloud infrastructure for a global healthcare software provider.
Throughout 2022, SourceFuse has also built a variety of applications for clients, including a global telecom company, to seamlessly and efficiently manage projects, tasks, and vendors.
“Since 2006, SourceFuse has helped many companies achieve breakthroughs with game-changing cloud migration-led modernizations,” said Kelly Dyer, co-founder and co-CEO at SourceFuse. “According to Gartner, the global public cloud services market for IaaS grew 41.4% in 2021 and IDC estimates that global public cloud services spending will more than double by 2023. We expect another year of record growth in 2023.”
SourceFuse highlights in 2022 include revenue growth of 60% with expected growth of over 100% by the end of the fiscal year and customer growth of 29%. SourceFuse’s (formerly known as SourceLoop) ARC launched with expanded features and enhancements to leverage its open-source catalog of microservices; With over a million downloads to date, customers are accelerating business plans 35% faster than industry benchmarks.
SourceFuse continues to build on its already strong relationship with AWS, achieving AWS Migration Readiness Competency and becoming an Amazon HealthLake Partner. SourceFuse is currently working to acquire additional AWS Competencies to meet evolving market needs – AWS SaaS Competency Partnership and AWS Managed Service Provider Program.
