Logik.io Captures Two Stevie Awards
If you’ve been following our evolution helping companies eliminate high-touch selling and simplify buying in the consumerized selling era, it’s been an exciting time here at Logik.io. We have seen great momentum in our business because B2B brands are waking up to the realization that buying has changed and customers are driving the process - if they aren’t happy with your customer experience, they will take their money elsewhere.
The industry is also paying attention. Today, Logik.io was awarded with two Stevie Awards: Silver for CEO, Chris Shutts, for Best Entrepreneur in a computer software company with under 500 employees and a Bronze for Logik.io, recognized as the Tech Startup of the Year in the software category.
Logik.io’s success is derived from our understanding of what buyers want - this is not a new consideration for Chris and the enterprise heavyweights on our Board, such as Godard Abel and Scott Dorsey. These are three leaders that have spent an inordinate amount of time considering what’s broken in the buying process and, in the process, checking their own past work in the space, acknowledging the faults of those solutions in today’s digital and customer-led market, and making significant strides to improve the buyer and seller experience.
“Logik.io is a phenomenal player in the ecommerce and specifically in the configure, price or quote (CPQ) market. The fact that they've posted over 500% year over year new bookings Annual Recurring Revenue (ARR) growth in Q3, 2022 - less than one year after it was commercially available and counts major players like Keysight amongst their clients is testament to their success and the foresight of their founders who are pioneers in this space. Their seed funding and also the other companies in the CPQ and ecommerce space that their founders have created is testament to this,” said one judge.
Chris’ lineage in enterprise software - from co-founding BigMachines with Godard, selling it to Oracle, and then branching out once again to found Logik.io - is a differentiator for the company. His understanding of the how commerce technologies work and of how today’s customers want to buy are an asset in creating a disruptive solution that is punching out of its weight class against legacy players that aren’t as in tune with the current market conditions.
“Logik.io is a phenomenal player in the ecommerce and specifically in the configure, price or quote (CPQ) market. The fact that they've posted over 500% year over year new bookings Annual Recurring Revenue (ARR) growth in Q3, 2022 - less than one year after it was commercially available and counts major players like Keysight amongst their clients is testament to their success and the foresight of their founders who are pioneers in this space. Their seed funding and also the other companies in the CPQ and ecommerce space that their founders have created is testament to this,” a judge remarked.
We thank the American Business Awards for these recognitions.
