Eningo’s utility platform has completed 6 months since its launch. We thought we’ll give you an update of what we’ve been up to and celebrate our achievements together! A BIG thank you to all those who have partnered & supported us during these challenging times, without which none of this would be possible.
Our goal for 2022 was to establish ourselves as a clear alternative to the traditional approach to utility locating in Sweden & also introduce the SaaS business model in the industry. We started with 2 pilot customers in November last year, since then we have grown our customer base to 5 paid customers and 3 more expected to be onboarded by early autumn. This will bring our projected annual recurring revenue (ARR) to 2.6MSEK for 2022. We will continue growing our customer base and set a target of 12 customers by year end!
Our product development team has been hard at work to build a SaaS platform that is platform agnostic and complies with the data & IT security requirements of our customers. Our decision to move away from the US based cloud providers last year was crucial in our customer adoption. The path has not been easy and therefore a big shout out to all those involved in product development! It’s an incredible achievement, something we are very proud of. We have also incorporated several features and updates from our customer feedback. One big focus during Q2 of this year was to make onboarding a simple 3-step approach. And we did it!
There will be more updates on what we’ve been working on and some new (game changing) additions we will be bring to our platform during the second half of the year!
Have a great summer!
Dela gärna på sociala medier och hjälp oss sprida ordet om Eningo!