Just prior to the holidays, we spoke with George Olney of iRely to get a briefing on activities. iRely in common with many other vendors, actually ended up having a good year and met its targets for growth. “We met and exceeded budget revenues for all markets,” he told us. “In fact, some of the revenue has been pushed out and we start 2021 with about 30% of our numbers already met.” The interesting thing about iRely is its ownership. As George reminds us there is ‘no exit plan’ and no short-termism on the part of the owner. This means that having invested in i21, its Commodity Management platform, over the last few years, it is now ready to expand and grow by re-investing in enhancing the product wherever it is needed. “2021 is the year that iRely really starts to build on the investment it made in an all new product on an all new technology stack,” he said. This can be seen in how iRely has recruited this last few months where almost all new recruits have been in either programming or product quality. “We will continue to invest in product functionality and quality in this way,” he… continue reading
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