SANTA
CLARA, Calif., Aug. 7, 2024
/PRNewswire/ -- BoostUp.ai, a leader in revenue operations and
intelligence, announces the launch of its groundbreaking
Multi-Dimensional Forecasting (MDF) capability, a first in the
industry for new-generation revenue models such as
consumption-based, product-led growth or renewals and expansions.
This innovative feature enhances the ability of Chief Revenue
Officers (CROs) and Revenue Operations (RevOps) leaders to generate
a potentially more precise forecasts and streamline operations in
complex revenue environments.
Traditional forecasting tools have struggled to keep pace with
modern business needs, particularly when dealing with diverse
revenue streams beyond standard sales-led opportunities. Unlike
first-generation forecasting tools which rely on manual inputs and
CRM data, BoostUp interfaces with all core revenue technologies
including customer success, product usage, and resource monitoring
systems. Additionally, it allows revenue teams to pivot the
forecast based on the sales team, accounts or product SKUs. And
most importantly, BoostUp capitalizes on its AI-first platform to
deliver "machine forecasts" that outperform conventional forecasts
by up to 25%.
MongoDB's global sales organization relies on BoostUp's MDF in
forecasting its consumption-based revenue stream. Meghan Gill, Senior Vice President of Sales
Operations at MongoDB, shares, "Our forecasting process is complex.
We need to blend actual usage data with future consumption
projections submitted by over a thousand sellers globally. BoostUp
is the only solution we explored that delivers the flexibility and
performance we need to more quickly roll up our forecast. It's a
critical component of our RevOps infrastructure."
Justin Shriber, BoostUp CEO adds,
"Over the past decade, companies have continued to innovate the way
they monetize products and services. Unfortunately, older
technologies haven't kept pace with these advancements. BoostUp's
Multi-Dimensional Forecasting gives companies the flexibility and
agility they need to manage new revenue streams."
In addition to providing unparalleled accuracy and flexibility,
BoostUp MDF delivers the fastest time to value in the industry.
BoostUp cuts deployment time to as little as three days by
automatically inheriting configuration properties from other
revenue systems and by offering self-serve configuration tools that
streamline ongoing changes.
This is made possible by BoostUp's flexible data architecture,
which is built on MongoDB's database. "Being able to customize and
deploy Multi-Dimensional Forecasting to our customers requires
precise modeling of their underlying schema and data objects", says
Amit Sasturkar, BoostUp's CTO. "MongoDB is our primary database,
and the flexibility and performance it affords us allows us to
handle all revenue models, and all varieties of customers, with
relative ease."
For more information about BoostUp's Multi-Dimensional
Forecasting, visit
www.boostup.ai/multi-dimensional-forecasting/.
About BoostUp.ai:
BoostUp's AI-powered Revenue Command Center equips sales
organizations with the forecasting, sales coaching and deal
inspection tools they need to deliver predictable and consistent
growth. Companies such as Cloudflare, Teradata, and Udemy rely on
BoostUp to increase sales productivity and accurately project
revenue.
Media Contact
Batu
Apaydin
info@boostup.ai
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SOURCE BoostUp.ai