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Kinesis Achieves Ninth Consecutive Year of Record Organic Growth and Sustained Profitability
Kinesis Survey Technologies realizes 16 percent year-over-year revenue growth in 2012
Kinesis has been profitable every year since being founded, with all year-to-year growth having occurred organically, and 2012 marks the company’s ninth consecutive year of revenue expansion. Kinesis also continued to dominate last year among end to end survey and panel management platforms, as it led the market in providing fully device-agnostic research solutions.
“Kinesis is very proud to have achieved such significant growth during a year that was relatively flat for much of the market research industry,” said Leslie Townsend, Kinesis President. “This success is attributable to the market-leading capabilities and efficiencies of our survey and panel management product suite, and the outstanding value it provides to market research companies and enterprise businesses.”
Key 2012 achievements for Kinesis included: major new software releases for each of its three core products, Kinesis Survey™, Kinesis Panel™ and Kinesis Community™; office expansion and relocation of both its U.S. headquarters in Austin and European branch office in London; new and/or expanded strategic partnerships with industry-leading companies Federated Sample™, MarketSight®
“As we anticipated, 2012 was another highly successful year for Kinesis, driven by our commitment to provide best-of-breed market research functionality at an exceptionally attractive price point,” said Kinesis CTO Juha Vehnia. “Kinesis has a proven track record of delivering superior ROI, and as such we were fortunate to welcome a large number of new domestic and global clients to the Kinesis platform, thus propelling our additional organic growth.”
The increases in revenue and operating cash will be allocated in part toward further survey and panel management solution development and platform enhancement, as well as the addition of new staff in the development, customer support, sales and marketing, and IT departments of the company. Kinesis anticipates another year of sizeable expansion and growth for 2013.
About Kinesis Survey Technologies
Kinesis Survey Technologies, LLC provides a multimode survey and panel management product suite to advance innovation in both mobile and desktop-based market research. Delivering intuitive, state-of-the-