New GenAI-Driven Insights & Unique Data Generation Capabilities Fuel Global Expansion, Positive Cash Flow, and Continued Market Momentum
January 15, 2025 (Redwood City, Calif) –Pyze, the leading provider of Low-Code Process Intelligence, today announced its 2024 results, highlighted by a 250% year-over-year revenue increase. This exceptional growth was driven by rapid enterprise adoption, global expansion into Canada and Europe, and the successful launch of groundbreaking capabilities—including generative AI-driven insights and User Experience Monitoring (UEM).
Notably, Pyze achieved positive cash flow in 2024 for the first time in company history, underscoring its focus on delivering measurable business outcomes and strong value for customers across a range of industries.
Expanded Global Footprint in Canada and Europe
To support its growing international customer base, Pyze has opened offices and established strategic partnerships across Canada and Europe. These expanded operations—backed by regional teams in Toronto and London—enable localized expertise, faster response times, and tailored offerings to meet the unique needs of these high-growth markets.
“The market has validated our relentless focus on operational visibility and actionable insights. By fusing generative AI with user-centric monitoring, Pyze delivers a holistic view of business processes that drives both efficiency and growth,” said Prabhjot Singh, Co-Founder & CEO of Pyze. “Our 250% year-over-year revenue surge, combined with our global expansion and new product releases, sets the stage for Pyze to help even more customers achieve real-time process optimization and meaningful cost reductions.”
Achieving Positive Cash Flow
Demonstrating robust financial health, Pyze reached positive cash flow in 2024. This milestone reflects the company’s solid operational efficiency and reinforces its long-term viability, enabling continued reinvestment in product innovation and customer success.
“Achieving positive cash flow at this stage is a testament to Pyze’s enduring value proposition and the confidence our customers place in us,” added Singh. “We look forward to expanding our footprint in Financial Services, Banking, Insurance, Life Sciences, and beyond—bringing our cutting-edge solutions to enterprises worldwide that demand swift, data-driven decisions and agile process improvement.”
Generative AI-Driven Insights and UEM Launches Accelerate Growth
Pyze released two major platform enhancements in 2024 that have resonated strongly with enterprise customers seeking to optimize operations and lower costs:
- Enhanced AI-Driven Intelligent Insights Platform
Building on the company’s leadership in Process Intelligence, this new offering leverages advanced generative AI to streamline complex business workflows, pinpoint efficiency gaps, and identify potential cost savings. Enterprises across Financial Services, Banking, Insurance, Life Sciences, and other sectors have used these AI-powered insights to quickly address process bottlenecks and capture immediate ROI. - Groundbreaking User Experience Monitoring (UEM)
By integrating real-time user experience analytics into its existing platform, Pyze empowers organizations to understand end-user behaviors, detect friction points, and continuously optimize business processes. This holistic approach combines process metrics with user-centric data to deliver unparalleled visibility, driving greater customer satisfaction and retention.
About Pyze
Pyze is the leading Digital Transformation analytics platform for Enterprise Applications to maximize process efficiency and productivity of modernization initiatives through low-code process mining and productivity analytics. Pyze is a pioneering developer of Process Intelligence solutions, dedicated to helping businesses navigate their digital transformation journeys through insightful, data-driven decision-making frameworks. By offering deep visibility into business processes, Pyze enables organizations to uncover opportunities for improvement, automation, and optimization, facilitating continuous innovation and growth.
The Pyze Process Intelligence Platform auto-discovers complex end-to-end business process flows to surface process bottlenecks, activity hotspots, and user experience optimization opportunities. The AI-Driven platform proactively identifies emerging issues, quality concerns, and training needs for success. Pyze customers include Fortune 500 companies across a number of verticals including Banking, Financial Services and Insurance, Manufacturing and Logistics, Telecommunications, Healthcare, and Public Sector.
