Digital experience software provider Sitecore has surpassed $500 million in annual recurring revenue (ARR) in its recently closed fiscal year 2024. The surge in demand for Sitecore's composable digital experience platform (DXP) is being driven by enterprise marketing teams seeking to control their global content lifecycle, build connected customer experiences with data and AI, and deliver experiences across digital platforms.

Sitecore's DXP, XM Cloud, is the fastest-growing solution in the company's history. XM Cloud, along with Sitecore's content operations, digital asset management (DAM), experience management, commerce, and data-driven personalisation solutions, enables marketers to create and launch digital experiences. Sitecore is witnessing strong adoption of DXP solutions in industries such as manufacturing, financial services, travel and hospitality, technology, retail, and healthcare.

"Businesses compete based on digital experience, so empowering brands matters more than ever. We've spent the last year working with customers to ensure our future aligns with theirs. In the coming year you'll see us double down on bringing together content and experience with AI to create measurable business impact and momentum for our customers," said CEO of Sitecore, Dave O'Flanagan.

Over 3,000 enterprises globally, including Aon, Bayer, Emirates NBD, Iron Mountain, L'Oréal, and United Airlines, rely on Sitecore. Sitecore's DXP offers solution flexibility, connects marketers and developers, and is built for enterprise scale. Sitecore will demonstrate their newest AI-driven innovations at Sitecore Symposium on October 15-18 in Nashville.

"Sitecore has never taken its foot off the accelerator when it comes to innovation. Our enduring focus on simplifying how marketers work, providing greater flexibility to developers, and producing meaningful, measurable business outcomes is growing demand for our solutions. I'm confident that Sitecore's AI strategy, which is expanding the capabilities of our DXP portfolio, will further accelerate growth," said COO of Sitecore, Eric Stine.

Sitecore's ecosystem includes hundreds of solution, ISV, global alliance, and digital agency partners. Sitecore has an active, growing practitioner and developer community of more than 20,000 individuals, with nearly 250 MVPs.