Announcing Record-Setting Q4 FY21
ANN ARBOR – Aug. 24, 2021 – Longbow Advantage, the brand behind The Rebus® Platform and the global leader in warehouse visibility, today announced that new strides were set in its fiscal 2021 Q4 with a 70 percent annual recurring revenue (ARR) increase year over year, a record-setting quarter for the company. Among the other Q4 FY21 achievements:
- Two of the largest food manufacturing companies globally demonstrated their faith in the company and committed to their use of Rebus Intelligent Labor, expanding into global deployments and displacing market incumbents.
- One of the largest multi-national food and beverage corporations in the world chose Longbow as its partner in Labor Planning, underpinning their expansion of The Rebus Platform’s Intelligent Labor, the world’s smartest labor management system, into global markets.
- An expansion of Warehouse Control Tower with investments from two of the largest global manufacturers due to Longbow’s innovative approach to uniquely monitor infrastructure, application configuration, and operational performance in the warehouse.
- Nine new and expanded Rebus Platform customers, including several strategic Intelligent Labor customers and new customer brands across the US and the United Kingdom.
“Rebus is solving problems in ways our competitors cannot and we continue to dominate the food and beverage space,” said Alex Wakefield, CEO of Longbow Advantage. “Beyond our amazing Q4 FY21, we have an even stronger pipeline coming into Q1. We’re very proud of our team and look forward to working with our customers to continue defining the industry of real-time use of supply chain data.”
The Rebus Platform is a pioneering SaaS-based data services platform designed from the ground up to meet the unique needs of the supply chain industry and logistics professionals. Built to connect to any supply chain execution software, Rebus can aggregate and harmonize all logistical data. This results in real-time visibility to critical data needed for better business decisions.
In particular, Longbow Advantage expects to see a growing need for its Rebus Intelligent Labor solution as supply chains continue to experience repercussions from the ongoing pandemic.