Everything Jeanette Meister said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Meister: Increased Competition Has Driven Down HR Tech Pricing
“I think the interesting piece that we've certainly seen in the market over the past number of years is the pricing in, in SaaS and within HR tech certainly has come down. So a bit of a commodity pricing, you know, the prices that we used to be able to look at …”
Meister: Olio Consistently Operates At A Profit
“The other interesting thing that's very different with the UK based company versus US that we found is we are profitable. We always run it a profit.”
Meister: Over 50% of UK police forces use Olio's software
“We actually have over 50% of the UK police forces use our technology.”
Meister: Olio is aggressively cutting pricing to win US enterprise logos
“We're being very, very aggressive, much more than we have been, you know, compared to years past. Given, given the market and the competitive nature and, you know, the expansion that we're really looking to do in the U S and the focus on ensuring we're bringin…”
Meister: Olio generates approximately $13 million in revenue
“Revenue is depending on the exchange rate. It's about thirteen million dollars.”
Meister: Olio Grew US Revenue 33% Over Two Years
“Over the past two years, our growth rate has been double digit. We grew about 25% globally. Last we just look at the U.S. Two years, about 33% growth”
Meister: Olio serves over 400 employer customers
“We are over 400 employers that, that use the technology.”
Meister: Olio maintains an approximately 98% customer retention rate
“We actually have a very high customer return retention rate. In the, I think it last we checked was not 98%.”