Market Capitalization (Millions $) |
1,446 |
Shares
Outstanding (Millions) |
124 |
Employees |
675 |
Revenues (TTM) (Millions $) |
298 |
Net Income (TTM) (Millions $) |
-94 |
Cash Flow (TTM) (Millions $) |
-77 |
Capital Exp. (TTM) (Millions $) |
7 |
Amplitude Inc
We are pioneering a new category of software called Digital Optimization. Our Digital Optimization System serves as the command center for businesses to connect digital products to business outcomes. Digital optimization is emerging as a strategic investment for every company to survive in the digital-first world.
Digital products are embedded in every part of our daily lives and digital has become the primary way business is done. The ability for companies to offer compelling digital products and services has become a matter of survival.
Companies approaches to developing digital goods are shifting from intuition-based to data-driven. Historically, product teams have determined what to produce based on qualitative gut feelings rather than a strong grasp of what would deliver commercial results. Todays top teams are those who base their strategy on product data, which ties individual end users traits with their actual behavior. Product data has emerged as the next untapped growth lever for organizations to revolutionize how they design products, obtain crucial insights into which features have the largest commercial effect, and interact with customers.
The next evolution of digital transformation is the category-defining shift to digital optimization. The promise of digital optimization is connecting the dots between products and the business. It provides the breadth and depth of insights into customer behavior to understand what behaviors are linked to business impact. Digital optimization answers strategic questions such as what products to build, what digital bets to make, and which bets are working. It predicts which customers are likely to purchase or churn based on their behavior and automatically adapts products to each customer based on this intelligence to optimize the outcome.
While digital transformation is focused on building new digital products, digital optimization is focused on using product data to make strategic decisions and run a business, accelerate innovation, and increase the value of digital transformation efforts.
Product, data, engineering, and marketing teams are often forced to make business decisions in a vacuum and without understanding the linkage between product decisions and business outcomes. Digital optimization leverages the power of data-driven products to create this linkage automatically. In addition, having a common lens into customer and product data helps every team transform their function, from launching brand-defining marketing campaigns to reimagining customer support. Bringing shared data and common visibility to every team will be a business-critical requirement in the digital optimization era.
We make money largely by selling subscriptions to our platform. To satisfy the demands of a varied spectrum of businesses, we reach out to clients through an efficient direct sales motion, solution partners, and product-led growth efforts, including subscription plans. Our price approach is dependent on the platform capabilities that our customers want as well as the committed event volume.
Company Address: 201 Third Street San Francisco 94103 CA
Company Phone Number: 231-2353 Stock Exchange / Ticker: NASDAQ AMPL
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