Ping had a fantastic 2015 by every measure - strong financials, attracting and expanding with awesome enterprise customers, industry-leading customer renewals, and innovation defined by increasing our product portfolio.
Consider Ping's 2015 results:
Strong growth: annual recurring revenue growth of more than 40 percent
Key milestone: company expects to grow ARR to more than $100 million in 2016
Rapid acceptance of new products: Ping's secure access and multi-factor authentication products (PingAccess and PingID)
Rapid growth in customer and partner solutions
Strong international performance: contributed nearly 20 percent of bookings
New data centers in Germany and ANZ
Added 135 employees
Expanded offices around the world, in the Boston area, London, Tel Aviv and Vancouver, and additional expansion in San Francisco and Denver slated for early 2016
When Ping marks the $100 million milestone in annual recurring revenue, we will hit a milestone achieved by only 0.0002% of all companies, which is quite an exclusive a club. Our announcement also highlights Ping's focus on driving key initiatives that shape the identity and access management landscape, such as our Identity Defined Security Alliance, our IDENTIFY Global Tourand our Google Apps for Work Integration. Read the full press release here.
The Ping team is focused, working hard and doing all the big and little things to continue its success.