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Apriso Corporation Achieves 43 Percent Year-Over-Year Third Quarter Revenue Growth - Software license revenue more than doubles from prior year’s third quarter; new customer sales account for over half of license revenue to date in 2009
Apriso Corporation Achieves 43 Percent Year-Over-Year Third Quarter Revenue Growth

 

NewswireToday - /newswire/ - Long Beach, CA, United States, 2009/10/27 - Software license revenue more than doubles from prior year’s third quarter; new customer sales account for over half of license revenue to date in 2009. Euronext: #13065; DSY.PA

   
 
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Apriso®, a leading provider of manufacturing software solutions for sustained operations excellence, today announced third quarter revenue grew by 43 percent, on a year-over-year basis. Growth was primarily driven by software license revenue more than doubling and maintenance revenue increasing by more than 40 percent, each on a year-over-year basis. Apriso has focused on new customer acquisitions to expand market share in 2009, a strategy now validated with over half of 2009 license revenue being generated by new customers.

“Apriso’s quarterly results continue to validate our customers’ success in achieving a quick return on investment, often beyond the most aggressive industry targets,” stated Jim Henderson, president and CEO of Apriso. “This quarter we had a new customer activate their first site and make a decision to deploy FlexNet as an enterprise standard – just months after their initial purchase decision. By understanding our customer’s needs and accelerating the deployment of our software solutions, we are compressing the time to value for greater manufacturing operations excellence.”

Customer Activity
Seven customer sites were activated with new FlexNet® applications in the third quarter 2009, bringing the year-to-date total number of site activations to 27 in 2009.

Two new customers chose Apriso in the third quarter, including a Life Sciences manufacturer headquartered in Japan, which produces a wide range of pharmaceutical and medical devices. Apriso continues to expand its role in the energy and power industry. This quarter, one of the world’s largest global energy companies selected Apriso to support their expansion into solar power, to take advantage of the growing demand for alternative energy sources.

Nearly every Apriso customer activation or Go-Live during the third quarter was part of an enterprise deployment. By standardizing on Apriso’s platform-based FlexNet solution, these manufacturers are establishing a foundation to globally standardize their business processes, thereby extending visibility into and control over manufacturing operations management. Site activations in the third quarter occurred within the automotive, defense, industrial equipment, packaging and consumer goods industries across the North American, European and Japanese regions.

Product Updates
In September, Apriso announced support of virtualization for its FlexNet application suite, providing manufacturers an option to reduce their total cost of IT ownership, improve systems availability and accelerate regulatory compliance initiatives. Manufacturers can now consider this option when installing their FlexNet solution with VMware virtualization technology for development, test and production environments.

About Apriso
Apriso Corporation (apriso.com) is a software company dedicated to providing competitive advantage for its customers. It does so by enabling organizations to adapt quickly and easily to market changes and unexpected events. Apriso’s FlexNet platform provides visibility, adaptability and real-time control of manufacturing operations across the enterprise and supply chain network. This is accomplished by integrating planning, execution and control, increasing operational efficiency and eliminating errors in the production process. Apriso serves more than 175 customers in 41 countries across the Americas, Europe and Asia. Its customers include General Motors, Lear, Honeywell, L’Oréal, Trixell, Lockheed Martin, Becton Dickinson, Saint-Gobain, Novelis and Essilor.

Apriso and FlexNet are registered trademarks of Apriso Corporation. All other trademarks and registered trademarks are the property of their respective owners.

 
 
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Written by / Agency / Source: Dassault Systèmes

 
 

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Apriso Corporation Achieves 43 Percent Year-Over-Year Third Quarter Revenue Growth

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Publisher Contact: Gordon Benzie 
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