Crayon has been named Microsoft's AI and Machine Learning Partner of the Year.
The Norway-based VAR was selected from a pool of more than 2,900 nominations from 115 countries globally. Microsoft judged entries based on their commitment to customers, their solution's impact and their "exemplary" use of Microsoft technologies.
"We are very proud of our world-class AI and ML practice and greatly appreciate that Microsoft has recognised us on a global level," said Crayon CEO Rune Syversen. "Winning this award will help more organisations around the world realise that Crayon is the partner of choice when it comes to AI and ML."
Crayon claims that it has invested significantly in developing its AI practice beyond proof of concepts to deliver real-life applications. It claims to have established several AI hubs across the world as part of its strategy.
The Microsoft partner grew its revenues by 49 per cent in its first financial quarter of the year to NOK 2.67bn, while gross profits grew by 28 per cent to NOK 395m.
The results were released after Crayon's acquisition of Dutch channel licensing provider Sequint, which bolstered Crayon's indirect software business in the Benelux. The firm claims it intends to grow Sequint's market share in the Benelux market through leveraging its own IP and service offering.
The deal valued Sequint at NOK 40m, NOK 25m of which is related to an earn-out model based on the financial performance of the Dutch firm during the next two years.
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