Coveo establishes European headquarters in Amsterdam
Company opens EMEA headquarters in Amsterdam to support global growth and increasing demand for search & relevance technology
San Mateo, CA and Quebec, Canada – January 29, 2014 – Today Coveo announced the opening of a new European headquarters office in Amsterdam, The Netherlands, to support the company’s expansion into key European markets and provide on-the-ground sales support for enterprise customers and partners in the region.
Coveo’s decision to expand operations in Europe was based on increasing global demand for and adoption of its Search & Relevance Technology. The investment is yet another milestone for the rapidly growing company, which increased in size by approximately 50 percent in both employee count and revenues in 2013, and is expected to grow similarly in 2014.
Coveo’s new European headquarters provides a local conduit to an emerging product portfolio, customer roster and partner base. Over the past year, Coveo launched new applications – Coveo for Salesforce, Communities Edition and Coveo for Sitecore, Advanced Search Edition – contributing to a dramatic rise in interest and adoption from data-driven enterprises across Europe, as well as from strategic partners with broad operational footprints in the region. This has led to significant business growth from its European customers, including Rembrandt, 3i, Majedie, Mann+Hummel, Mammoet and L’Oreal Switzerland, as the company moves to cross the 100-customer mark in EMEA.
In addition, Coveo has grown its network of systems integration partners to more than 50 across North America, EMEA and Asia Pacific. These partners, which in EMEA include Red Data Search and Acqueduct among others, provide extended services to deploy the Coveo platform, many undergoing formal certification from the company, as well as providing a source of new sales pipeline.
Louis Têtu, Chairman and CEO, Coveo: “Our new office in Amsterdam represents an exciting new phase of Coveo’s expansion and builds on the momentum we experienced in 2013. Demand for Search & Relevance Technology is growing rapidly across the region and establishing this stronger local presence indicates the commitment we have in helping our customers and partners unleash the value of collective enterprise knowledge.”
Henry de Jong, Managing Director, EMEA, Coveo: “This new office responds to the pace of growth we’re experiencing in Europe, as our customers seek to unlock their latent knowledge assets. Our technology makes companies more relevant and responsive to their customers, by providing in real time the most relevant, context-aware information for every employee and every customer. We’re excited to establish this home in a dynamic region and to develop deeper relationships with existing and prospective clients here.”
About Coveo
Coveo makes companies more relevant and responsive, by providing technology that delivers in real time the most relevant, context-aware information for every website visitor, every customer and every employee.
Coveo's transformational technology has been recognized as the most complete, end-to-end Search & Relevance platform available today. Coveo takes Enterprise Search to a new, more relevant level by securely connecting with and harnessing an organization’s big, fragmented data from any combination of cloud, social, and on-premise systems. The Coveo Advanced Relevance Engine injects the most relevant knowledge into the context of every user, focusing on three business areas to:
Radically boost Knowledge Management initiatives by making all of its collective knowledge easily accessible & relevant, so that all employees can take the best actions;
Inject more relevant knowledge into customer service and sales interactions; and
Personalize online customer experiences within high-end websites and communities.
Coveo is a strategic partner of several leading software companies such as Salesforce.com and Sitecore, and has been recognized as a visionary by Gartner in its 2013 Magic Quadrant. Among Coveo customers are leading organizations such as Cenovus Energy Inc., Lockheed Martin, Rally Software, and Sungard, among many others.
Source: Coveopress release, 29 January 2013