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Exponential growth is a phrase we here at Volcanic talk about a lot. It's Wikipedia definition is 'Exponential growth occurs when the growth rate of the value of a mathematical function is proportional to the function's current value' ignoring the mathematical phrasing, for a digital company like ours it's about how we grow at a fast rate and allow our customers to benefit from that growth at the same time.
At the moment it's too soon to prove that Volcanic is on an exponential growth curve but all the signs are there, we are adding customers, we are accelerating delivery, the product features are being added at an accelerated rate and the supports tickets remain at an all time low.
What this means to us is that over the last 6 months, we have had 79 new features added, the speed of delivery for our websites has reduced by a factor of two, sales growth continues at a pace and our delivery team has increased by a staggering 400% with this set to double again in the next 3 months.
For our customers all this growth means: -
- Better Delivery - improved quality, and speed
- More Features - which improves our clients results
- More Support - faster turn around of changes and improvements
- Ultimnately the customer has the highest return on Investment in the sector
Companies who experience exponential growth are able to invest in innovation, which in turn allows their users to harvest the benefits.