ServTrax Announces Strong Growth in 2016

ATLANTA, January 18, 2017 /PRNewswire/ — ServTrax, a leading provider of asset and support contract management solutions, announced record growth in 2016.

  • A 31% growth in new customers – solution providers.
  • A 23% growth in contracts under management.
  • A 20% increase in the total number of assets under management.
  • Our partners provided portal access to over 5,000 new end-users.

Randy Faile, Director of Sales said, “Our continued strong results in 2016 was directly attributed to a 31% growth in new partners as more and more solution providers recognize the need to deliver a comprehensive asset and support contract management solution.”

Also remarking on the results, President and CEO Karl Pontius said, “In addition to new partners joining ServTrax, another key to our success in 2016 was organic growth as our existing partners continued to leverage the TRAX platform to expand relationships within their existing install base and as a market differentiator to win new customers.”

About ServTrax:

Delivered exclusively through a nationwide channel of IT vendors, ServTrax, and its TRAX Platform have been an industry leader in asset and support contract management for more than a decade. ServTrax customers use TRAX to manage over $1 billion in customer assets (tracked, booked and quoted) each year on more than 2.5 million assets from 15,000+ end users, in 68 countries and over 150 different manufactures.

For more information about ServTrax contact our sales department or view this video.