Quantexa set to achieve $100M in ARR by end of 2024, fueled by the growing Decision Intelligence Market worth *$500BN New enterprise customers accounted for a 20% (+) contribution to fiscal year ARR Closely coupled enterprise Data and AI strategies see Quantexa's average contract increase 15% in blended ACV in FY24  LONDON and NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Today, Quantexa, a global leader in Decision Intelligence (DI) solutions for the private and public sectors, announced its continued global business momentum and growth highlights from their 2024 fiscal year, dating from April 1st, 2023, to March 31st, 2024. With a focus on helping customers realize the benefits of practical applications of trusted data and AI, the company delivered on its goals of driving sustainable growth through increased platform and solution adoption, geographic, and industry expansion. Founded in London in 2016, Quantexa now employs more than 700 team members globally across 15 locations. The company completed FY24 with a 40% increase in global Decision Intelligence ARR and a 120% (+) net retention rate. 2024 Fiscal Year Financial Highlights: New tier 1 customers acquired across banking, insurance, telecommunications, media, technology, and the public sector, helping to accelerate Quantexa's market expansion strategy and drive 20% (+) contribution to fiscal year ARR. Over 25% of the world's 50 largest banks have deployed Quantexa's Decision Intelligence Platform to build a trusted data foundation and realize the benefits of operationalizing AI. Decision Intelligence ARR grew more than 30% in the Americas, and >50% in Europe and the Middle East. Led by a 30% increase in ARR across its Data Management and FinCrime Solution suites, the company continued driving significant YoY revenue growth with an uptick in adoption of its solution suites, helping industry leaders ...