Utmost announces rapid new customer growth including a deployment across a 15,000 worker population
Utmost Software, Inc., provider of the first Extended Workforce System, announced it has recorded a surge of new customers in Q4 2020. The total number of contracted customers increased by 150% from calendar Q3 2020 to Q4 2020, and the total number of customers in production hit a record in the fourth quarter as well.
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The exceptional adoption of Utmost demonstrates how companies around the world are transforming how they manage their extended workforce of contractors, consultants, contingent staff, and outsourced workers.
Q4 highlights include:
- Signed a Global 500 pharmaceutical company with 25,000 extended workers
- Signed Fortune 500 customers in Financial Services and Transportation with extended worker populations ranging from 1,000 to 5,000
- Deployed two key Customers into production – one in APAC and one in North America with extended worker populations of 2,500 in Manufacturing and 15,000 in Healthcare
- Awards by industry analysts including Staffing Industry Analysts (SIA), Ardent Partners, and Spend Matters
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With the progress in Q4 2020, 70% of Utmost’s customer base are Fortune 1000/Global 1000 companies, and a full 50% of their customers are Fortune 500/Global 500. Also 30% of Utmost’s customers were named in Fortune’s 2020 World’s Most Admired Companies ranking. Utmost customer adoption to date by industry now includes Financial Services, Pharmaceuticals, Healthcare, Technology, Professional Services, Manufacturing, and Transportation.
“Legacy systems that purely focus on contingent worker spend are no longer enough. Extended workforce talent is crucial to the way modern work is done,” said CEO Annrai O’Toole. “Customers are adopting Utmost so they can get total visibility across their employee and non-employee workforce. And our Q4 sales numbers unequivocally show Utmost is resonating with HR and Procurement teams.”
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