A year in review by Galina Goduhina, ONLYOFFICE Commercial Director: strong growth, global partnerships, innovation

In 2024, ONLYOFFICE grew with a 30% revenue boost and a larger global presence. In this post, Galina Goduhina, Commercial Director of ONLYOFFICE, shares valuable insights over the year.

Foreword

Dear ONLYOFFICE Customers and Partners!

As we close out 2024, I would like to take this opportunity to share with you the incredible results we have achieved together this year. It has been a remarkable journey, and I am proud to report that we’ve had a year of exceptional growth, innovation, and new milestones.

A year of strong growth

Thanks to your continued trust and collaboration, our company has achieved a 30% year-over-year growth in revenue. This accomplishment reflects the hard work of our team, the strength of our offerings, and the loyalty of our customers and partners. Together, we’ve faced challenges, embraced new opportunities, and propelled our business forward.

Building on its solid history of success with server-based products, ONLYOFFICE has proactively stayed ahead of market trends by launching in the previous year a range of SaaS solutions. Docs as the web-based editors in the cloud has shown 5-fold growth this year, and ONLYOFFICE DocSpace with secure rooms for your documents – the innovate platform whose paid client base has grown by 90% in a year.

The number of developers who chose ONLYOFFICE to expand their platform capabilities increased by 34% in 2024, and we hope that new features and possibilities will help us strengthen the mutually beneficial business model with them.

Expanding our customer base and market reach

We are focused on driving long-term, sustainable growth, with the goal of establishing ourselves as a global leader in our field, not only across Europe and the USA, but also in South America, Asia, Middle East, Africa, and beyond. Our efforts to provide exceptional value and tailor our solutions to meet our clients’ unique needs have allowed us to build lasting relationships. We are excited to continue supporting your success and helping you achieve your business goals.

The opening of our new branch in China

Perhaps one of the most exciting milestones of 2024 was the opening of our new branch in China. This strategic move marks a major step in our international expansion and positions us to tap into one of the world’s largest and most dynamic markets.

With this new presence, we are poised to better serve our customers in Asia, forge new partnerships, and capitalize on the immense growth opportunities in this region. The China office will play a crucial role in driving innovation and providing localized solutions for our customers, while reinforcing our commitment to being a truly global business.

Strengthening global partnerships

This year, we’ve also seen tremendous success in expanding our global partnerships. Our network of partners continues to grow, helping us reach new markets and deliver cutting-edge solutions to businesses worldwide.

In 2024, our global footprint grew significantly – by 22%. Our team successfully formed and strengthened key partnerships in the USA, Europe, LATAM region, India, China, CIS, Indonesia, Turkey, Balkan region and emerging markets, driving revenue and expanding our reach. We have built long-lasting alliances with the leading industry players, fostering mutual growth and collaboration. These partnerships are instrumental in delivering cutting-edge solutions to our customers, and they will continue to be pivotal as we enter 2025.

ONLYOFFICE is focused on implementing optimized strategies to effectively launch its products. Going beyond being a top software solution for sectors like education, business, R&D, manufacturing, government, and telecoms, ONLYOFFICE aims to evolve into a global tech giant by forging partnerships with companies around the world.

ONLYOFFICE is shifting away from a single-product and traditional business approach by diversifying its product offerings and business models. This involves not only restructuring its portfolio with advanced technology and service models but also forming strategic partnerships in key global regions. These partnerships are tailored to meet the unique demands of each region’s market and customer base, driving rapid business expansion.

Key developments in 2024

This year, ONLYOFFICE is broadening its market reach with the core Docs product, while also diversifying its offerings by introducing new features such as secure rooms in DocSpace, a brand-new PDF Editor, RTL support and integrating AI capabilities.

Specifically, ONLYOFFICE is evolving beyond its well-established, fully developed application to enhance opportunities for businesses to expand their technological capabilities and secure online processes in diverse industries. The company is now focusing on strengthening its core competencies, with an emphasis on security.

As a result, ONLYOFFICE has experienced unprecedented growth in revenue and operating profits this year, fueled by the impressive expansion of cloud services, a growing partner network in emerging markets and integrations with top-tier data processing solutions.

ONLYOFFICE is known for outstanding scalability and flexibility. We have been dedicated to research and development, consistently anticipating and adapting to the evolving trends and innovations in the IT industry.

ONLYOFFICE 2024 in numbers: overview

Looking ahead to 2025

As we move into 2025, we are more committed than ever to continuing this journey of growth and innovation. Our focus will remain on strengthening our offerings, expanding our global presence, and forging even stronger partnerships with you, our valued customers and partners.

ONLYOFFICE is reinforcing its position as a trusted company by enhancing not just its business performance but also its financial stability and transparency in decision-making. The company remains dedicated to continuous transformation and growth, consistently innovating, pushing forward, and embracing new challenges. These efforts have already started to yield concrete financial results this year, and we are now ready to embark on the next phase of our journey.

Thank you for your continued support, trust, and collaboration! We look forward to achieving even greater success together in the year ahead.

Yours sincerely, 
Galina Goduhina, ONLYOFFICE Commercial Director