Business Irish

Monday 23 January 2017

Datalex boasts strong pipeline as firm continues double-digit growth

Published 21/11/2016 | 08:06

Datalex CEO, Aidan Brogan
Datalex CEO, Aidan Brogan

Dublin-based digital commerce provider Datalex has reaffirmed its target of growing by between 15pc and 20pc this year after posting a strong quarterly update.

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The firm, which targets travel retailers as its main customers, reported a strengthened pipeline across all of its regions in the three months to the end of October.

Towards the end of the three-month period Swiss International Air Lines went live on the company's commerce platform and is also set to roll out to its sixth Chinese airline customer by the end of this year. Datalex is also currently deploying its platform at Lufthansa Group.

"Our new business pipeline continues to strengthen in every region, particularly with large carriers undergoing a digital transformation of their business. This demonstrates our market-leading position, and the increasing importance of our offering as a critical enterprise system," the company said in a statement this morning.

So far this year Datalex has added 80 new staff, including two major appointments in Blair Koch as chief technology officer and Alison Bell as vice president of strategic sales.

The firm reported strong, double-digit growth across its key metrics, including adjusted earnings before interest tax, depreciation and amortisation (EBITDA).

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