16 Mar

With revenue growth of 48%, Grape Up reports PLN42 million for 2020

Grape Up reports growth of revenue as enterprises continued to use services provided by the company. Despite challenging circumstances for the global economy, Grape Up delivered strong results thanks to partnerships with the leading brands and constant improvements in providing innovative solutions.

The constant growth over the year:

Q1 – 9 389 306
Q2 – 10 348 553
Q3 – 11 070 886 
Q4 – 11 163 175

As an innovative partner ensuring high quality of delivered software, Grape Up strengthened its relationships with leaders of automotive, insurance, banking, retail, and telecommunications industries, empowering those companies to transform their business and faster adapt to the new reality. 

“We’ve gained that growth by focusing on crucial competencies, own product Cloudboostr and expanding services to new industries and markets. Our investments in 2018 and 2019 led to increased revenue last year when many established enterprises decided to leverage cloud technologies in order to sustain their market share.” – says Artur Witek, VP of Business Development at Grape Up.

With steady growth in profits and an increasing number of projects, Grape Up forecasts further development in 2021. The company aims to grow both through gaining new markets and acquisition.

“By acquiring an innovative company, we are going to improve our scope of services and provide our customers with cutting-edge solutions that empower enterprises to build competitive advantage.” – summarizes Artur Witek.