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Openbravo Revenue Grows 143% in 2011 - New Professional Edition Customers triple over 2010 as Openbravo Agile ERP strategy gains traction with mid-market companies - Openbravo.com
Openbravo Revenue Grows 143% in 2011

 

NewswireToday - /newswire/ - San Francisco, CA, United States, 2012/02/08 - New Professional Edition Customers triple over 2010 as Openbravo Agile ERP strategy gains traction with mid-market companies - Openbravo.com.

   
 
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Openbravo, the agile ERP company, today announced 2011 saw the strongest growth in company history. Downloaded more than 2,000, 000 times, Openbravo is the world’s most popular open source ERP. In 2011, the company introduced its Agile EPR strategy in conjunction with the release of Openbravo 3, a suite of business applications that hit the sweet spot between functionality and affordability for mid-sized enterprises. As a reflection of the success of this new product, Openbravo's dissemination soared during the year, with over 200,000 users in 6,000 organizations worldwide running their business with Openbravo.

Open source dissemination was mirrored by commercial success with revenues generated by Openbravo Professional Edition subscriptions increasing 143% year over year revenue during 2011. In the same period, the rate of new Professional Edition customer acquisition tripled.

“The tripling of our new Professional Edition customer base and the financial success of our certified partners in 2011 is proof that the global business community is ready for a new generation of ERP – applications that are open source, web-based, modular and affordable,” said Paolo Juvara, CEO of Openbravo. “Smart businesses can now avoid the delays and cost overruns of legacy ERP systems with a proven, reliable open source alternative from Openbravo that creates a foundation for greater productivity today and growth tomorrow.”

Unveiled at the launch of Openbravo 3 in 2011, Openbravo’s Agile ERP approach is a significant departure from mainstream ERP, which requires companies to invest large sums in expansive, yet inflexible systems. Unlike conventional ERP, Openbravo can be deployed in as little as a few weeks in some cases, after which functionality can be added via pre-packaged modules or customizations as required by business needs. Agile ERP from Openbravo is designed to enable business ability, increase productivity, and help companies realize proven ROI on their EPR investment.

“Openbravo 3 has been a game changer with broad customer appeal and has definitely moved Openbravo up-market,” said Eric Kraieski, Vice President of Enterprise Applications at Transitional Data Services, Openbravo Partner of the Year 2010 and 2011 in North America. “Our diverse clients share a common and overwhelming desire for agile, cost effective solutions that can grow with them over time. The pace of change is relentless and Openbravo’s ability to adapt while remaining efficient provides tremendous advantages to these businesses.”
As the open source software community continues to advancements and innovation within the business application space, Openbravo created or expanded relationships with other leading open source vendors in 2011 including SugarCRM, Magento, as well as cloud computing leader Amazon Web Services (AWS).

Openbravo (openbravo.com) is available in both Professional and Community editions, both of which provide core open source functionality for finance, sales, procurement, warehousing and master data management among other core business automation capabilities. Openbravo Professional Edition is available exclusively from Openbravo certified partners. Professional Edition includes advanced functionality, support and full in-application access to Openbravo modules to extend the product capabilities.

 
 
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Written by / Agency / Source: Openbravo

 
 

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Openbravo Revenue Grows 143% in 2011

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Openbravo |
Publisher Contact: Press Office - Openbravo.com 
415-871-0442 media[.]openbravo.com
 
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