CHANTILLY, August 1, 2023 – InfoBase Publishers, a leading provider of competitive intelligence information spanning the U.S. Federal market, announces exceptional financial performance in the first six months of 2023. The strong revenue growth highlights demand for the company’s unique data platform, DACIS, as competition servicing the Federal government increases.
With a consistent CAGR of 15%, InfoBase Publishers is achieving above average revenue growth compared to the first two quarters of this same period last year. Accounting for this performance is the blend of high subscription renewal rates, additional client investments, and the signing of new clients in significant numbers.
The company’s strategic focus on advanced systems infrastructure and innovative information architecture has unlocked new competitive advantages for customers. This is attracting new subscribers and increasing service adoption across client organizations. Close collaboration with clients enables DACIS to deliver deep insights that helps users tailor distinct solutions to their unique needs.
“Since our founding, we continue to maintain a steady pace of growth and this year is no different. Being privately funded, this means that our revenue performance directly translates into service improvements for our clients and our customer success programs,” says company president, Stuart McCutchan. “We are laser-focused on our constant delivery of service improvements, in both function and usability, which make DACIS faster, more capable, and more valuable to our clients.”
In addition to robust revenue growth, InfoBase Publishers recently announced its latest evolutions in the DACIS Companies, Customers, and imminent FPDS Pro 2.0 release. Of particular note, new capabilities of the Rankings function within the Customers information stack shows in detail what each company is working on, at which cost centers, their contract and program obligations, their active and former subcontractors, and all M&A activity. The enriched data sets offer unprecedented visibility into the activities of industry players, facilitating more robust competitive analysis and positioning clients for success in the Federal market.
InfoBase Publishers is already experiencing remarkable momentum in 2023, as demonstrated by its strong performance in the first half of the current fiscal year. The company’s robust revenue growth and the healthy combination of growth drivers position it well to meet the ever-evolving demands of the Federal market and capitalize on emerging service opportunities.
About InfoBase Publishers
InfoBase Publishers is a leading provider of data and intelligence solutions for companies doing business in the Federal market. With a comprehensive suite of offerings, InfoBase Publishers empowers federal contractors, government agencies, and industry stakeholders with decisive insights that drive success in the dynamic and highly competitive Federal aerospace, defense, and technology markets.
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