8/14/2014 8:26:30 AM
Hyper Growth in Mobile Development Seen Across Sectors: Localytics Case in Point
mobile app market, app marketing, mobile monetization
App Developer Magazine

Hyper Growth in Mobile Development Seen Across Sectors: Localytics Case in Point

Richard Harris Richard Harris in Marketing & Promotion Thursday, August 14, 2014

We’ve done a lot of  reporting on the growth of the mobile development sector. We receive report after report on the hyper growth of the mobile industry.

And most recently Localytics, a marketing and analytics platform for mobile and web apps, announced that Q2 2014 marked the 18th consecutive quarter of record-setting revenue for their company. In addition to tripling revenue from Q2 of 2013 (yes than means they tripled in growth in just one year), the company significantly grew its employee headcount in the first half of the year.

The growth in the industry is happening so fast that companies like Localytics are always ramping up to meet the demand. Despite adding a number of new people this year to reach a total of 120 employees, it still has 30 openings to bring in new people to handle the market escalation. That’s hyper growth.

Read more: http://www.localytics.com/press/press_release/loca...

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