Moogsoft announced significant 2021 milestones as it reaches 10 years in business.
Moogsoft is a pioneer of AIOps and continues to be a category leader, which is validated through recent growth, award wins and new customer momentum.
In 2021, Moogsoft secured two significant award wins, named in CRN’s “Coolest Cloud Monitoring and Management” top 20 list and the winner of the Cloud Awards’s “Best Use of AI in Cloud Computing.” Moogsoft also earned finalist placements with the DevOps Excellence award for “Best AIOps/MLOps Tool” and the SIIA CODiE Award.
“Over the past 10 years, we have hustled, worked and fought to create the AIOps category, and now we are bringing the technology mainstream as it becomes essential to digital enterprise availability and innovation,” said Phil Tee, CEO and founder of Moogsoft. “These award wins are a testament to our ongoing commitment to providing an innovative product that makes a difference for our users.”
To accompany significant industry recognition, Moogsoft also posted impressive growth in hiring, internal promotions and customer wins. In Q4 alone, Moogsoft experienced 20% employee growth as well as building internal career mobility with 16 promotions throughout the last year to bolster senior leadership.
From a customer growth perspective, Moogsoft quadrupled its revenue growth, landing contracts with a top-10 international bank and top-five telecommunications provider. After launching its new cloud product in late 2020, the company won its largest cloud deal, valued in the mid-six figure range, and grew their cloud customer logo count by over 150%.
“When I look back on the past year with Moogsoft, one word comes to mind: remarkable,” said Minami Coirin Rojas, VP of growth and marketing at Moogsoft. “We have made significant strides in internal company growth and external customer relationships, and this hard work is being recognized by key entities. While 2021 was a standout year for our team, we aren’t done yet. We are committed to continuing innovation, providing a seamless experience and empowering our customers on their path to continuous availability.”
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