Martello’s Q1 revenues surge 21% as software gains ‘must-have’ status in COVID-19 era, Kanata firm says
PUBLISHED: August 27, 2020
Kanata-based software-maker Martello Technologies says it expects demand for its products to ramp up as the surge in working from home during the COVID-19 pandemic accelerates the shift towards a “true digital era for the workplace.”
In a statement Thursday in which the firm announced that its first-quarter revenues had jumped more than 20 per cent compared with a year earlier, Martello said the sales increase reflects “growing industry demand for digital workforce solutions, related to the global shift to remote work.”
The work-from-home trend has translated into big business for Martello, which makes products that help customers detect and troubleshoot problems in their high-speed communications networks. As teleworkers increasingly connect with each other through platforms such as Zoom and Slack, the push for secure, reliable network traffic is also growing rapidly.