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Long Beach, CA, United States, 2010/08/04 - Revenue increases 42 percent on quarter-over-quarter and 32 percent year-over-year basis, driven by strong software license revenue growth and new customer acquisitions. Euronext: #13065; DSY.PA
Apriso®, a leading provider of manufacturing software solutions to achieve and sustain operational excellence, today announced revenue growth has accelerated in the second quarter of 2010. Total revenue grew 42 percent on a quarter-over-quarter basis and 32 percent year-over-year basis. Software license revenue more than doubled on a year-over-year basis; growth was driven by existing customers expanding their FlexNet® solutions and by four new customers selecting Apriso as their provider for enterprise manufacturing operations management.
“The growth of our software license revenue is indicative of the substantial value Apriso is delivering global manufacturers as they look for scalable enterprise solutions to drive continuous improvement, realize higher quality, while reducing their IT and manufacturing costs,” stated Jim Henderson, president and CEO of Apriso. “Along with adding to new customers and markets, our existing customers continue to expand their Apriso footprints, contributing to our expansion in 2010 and their improved manufacturing operational excellence.”
A total 23 customer sites have gone live in the first half of 2010 with new FlexNet® applications, reflecting Apriso’s continued global expansion, with live sites now in Lithuania and Romania. Cleantech continues to be a strong focus in the second quarter, with the announcement that Boston Power selected Apriso's FlexNet as their enterprise Manufacturing Execution System. In addition, a high profile electric car manufacturer selected Apriso as their foundation for manufacturing operations management. During the quarter, software and services were implemented at manufacturers in the consumer goods, packaging, aerospace &defense, life sciences and industrial equipment industries.
In June, Apriso announced availability of FlexNet 9.5, one of the company’s most extensive software upgrades ever completed. This new version of FlexNet has redefined manufacturing Business Process Management (BPM) by offering advanced blueprinting and prototyping capabilities to support an agile approach to implementation and continuous improvement of manufacturing processes. New user interfaces enable greater productivity and flexibility. An extended partnership with Predisys delivers an improved, integrated architecture to harness the power of Statistical Process Control (SPC) across multiple plants and across end-to-end manufacturing processes.
Apriso was selected by Inbound Logistics Magazine as a top logistics provider, based on Apriso’s ability to drive supply chain excellence by synchronizing material flows with production for greater flexibility, ROI and ease of implementation.
Apriso Corporation (apriso.com) is a software company dedicated to providing competitive advantage for its customers. It does so by enabling manufacturers to adapt quickly and easily to market changes and unexpected events by supporting continuous improvement on a global scale. Apriso’s FlexNet is a BPM platform-based solution for global manufacturing operations management that delivers visibility into, control over and synchronization across manufacturing and the product supply network. Apriso serves 180+ customers in 40+ 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.
Michael Gallo, Gutenberg Communications
P: (212) 239-8594 / E: mgallo[.]gutenbergpr.com.