Virsae scoops ISV of the year

Auckland, 13 October 2016 – Capping off a stellar 12 months of growth, Virsae was awarded ISV (Independent Software Vendor) of the year at the 2016 Reseller News ICT Industry Awards in Auckland last night.

Virsae beat out other finalists Enghouse Interactive and EVA Receptionist, taking overall honours just months after picking up the TNT Express Emerging Exporter of the Year award at the 2016 Air New Zealand Cargo ExportNZ Awards.

Virsae is making fast progress in a nascent market worth $2 billion and growing at an annual compound rate of 13%.

“We’re stoked to take home this award,” said Virsae CEO Tony Jayne. “But we’re only just warming up. With few dominant competitors, there’s a massive opportunity for the taking.”

Over the past 12 months, Virsae’s seven-figure sales grew 93%, with the majority of total recurring revenue (90%) from offshore markets.

Jayne said he expected momentum to continue, with the company on track to almost triple sales within the next two financial years.