NEWS — October 21, 2021 at 10:04 pm

DRUID announces Growth for the Monthly Recurring Revenue and Annual Recurring Revenue

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DruidDRUID, a leader in the conversational AI market, reports a 5x growth rate for the Monthly Recurring Revenue YoY, and 2.3 mil dollars annual recurring revenues at the end of September 2021. Actively pursuing its expansion strategy on the global markets, the company reached more than 1,500 active tenants, including the community edition.

The total value paid by the international clients reached 49% of total revenues, with customers coming from all regions: Asia-Pacific, Europe, the Americas, and Australia. DRUID moves beyond the crowded area of chatbot platforms and evolves to a refined area of conversational business applications platforms, leveraging deep conversational AI technology and best-in-class RPA robots from UiPath. DRUID is continuing to accelerate its international growth on the EU and US markets, expanding its existing offices in Houston (Texas USA) and London (UK), while planning to open new locations in Frankfurt (Germany), Tokyo (Japan), and in Dubai (UAE).

A new level of AI-driven customer and employee interaction is already a requirement to compete in the digital era. DRUID is actively transforming the enterprise automation landscape and, starting with the Oxygen release, offers an integrated approach to build and deploy conversational business applications faster than ever, for any industry-specific use-case. According to Everest Group, DRUID is named as a Major Contender, in their most recent report, “Conversational AI Products PEAK Matrix® Assessment 2021”, which further illustrates that DRUID is uniquely positioned to elevate the concept of AI digital assistant towards conversational business application (CBA) for hyper-automation.