Onit Beats 2017 Goals with Record Sales Growth, New Customer Wins, Strategic Management Hires and Recognition as an Innovative Thought Leader By Onit February 22, 2018 Company News/Updates 2 Minute Read We are thrilled to announce that we surpassed our goals in 2017, in terms of new opportunities created and customer wins, strategic management hires, and several awards and distinctions. Our phenomenal success in 2016 set the stage for another stellar year in 2017. Key 2017 Milestones Bookings more than doubled from 2016 and annual recurring revenue increased 80% We landed 30 new customers, 18 of which are Fortune 500 companies or equivalent We increased our worldwide headcount by 96% and moved to a larger office in Pune, India Secured recognition as a marker leader in process automation and enterprise Apps in the Hyperion 2017 Enterprise Legal Management (ELM) Report Won the coveted Association of Corporation Counsel (ACC) Value Champion award with Archer Daniels Midland (ADM) Launched a new corporate website using design and end user experience best practices Unveiled a new user interface (UI) built on the ReactJS platform Two key management positions were filled Awards and Other Distinctions Our company was also recognized by various software, legal industry and financial publications and organizations for its innovation, thought leadership and entrepreneurship in 2017. This commitment to unsurpassed technological excellence and user experience garnered Onit several distinctions in 2017: Ranked #949 on the 5000 Fastest-Growing company list with an astounding three-year growth of 562% Secured a top 20 placement on the Houston Fast 100 Won the Buying Legal Counsel Best Use of Legal Technology award with our customer Archer Daniels Midland (ADM) Ranked #14 on the Houston Business Journal’s Top B2B Software and App Developer list Recognized by Owler as having a top CEO (Eric M. Elfman) Recognized in Gartner’s Market Guide for Enterprise Legal Management solutions Click here to see the full milestone release. Today's Popular Post Business Process Management Leveraging AI-Enabled Dashboards and System Integrations to Simplify Contract Management Read More Business Process Management Embracing the Paradigm Shift: Enterprise Legal Management and AI Read More CLM A New Approach to Contract Management Read More Subscribe Today Sign up for updates on new posts from our blog. Related Readings Business Process Management Leveraging AI-Enabled Dashboards and System Integrations to Simplify Contract Management Read More Business Process Management Embracing the Paradigm Shift: Enterprise Legal Management and AI Read More CLM A New Approach to Contract Management Read More Thank you for subscribing!