Razorsight Corporation announced record growth and revenues for the fiscal year ending in 2009. In the past 9 years, Razorsight has experienced continual growth, with the Analytics software revenue growing 37% during the global recession. Razorsight provides cloud computing profit analytic solutions for communications service providers.
Charlie Thomas, CEO of Razorsight, said “Our performance in 2009 in light of the continued economic turbulence was particularly rewarding and indicative of the value we deliver to our customers. Given the need for CSPs to reduce COGS during a period of flat revenue growth, Razorsight’s customers have recognized the value of deploying a Cloud-based solution that delivers immediate ROI by lowering off-net costs as well as the operational expense of managing such.”