Apriso, a leading provider of software solutions for sustained manufacturing operational excellence, today announced total revenues for 2010 set a new company record, led by software revenue growth of 62 percent on a year-over-year basis.
As the fifth consecutive year of total revenue growth, 2010’s record growth was achieved by expanding license revenues from existing Manufacturing Execution System deployments and by adding 17 new customers. Growth occurred in the Americas, European and Asia Pacific regions, with the America’s expansion the most pronounced. New customers were acquired in the automotive, aerospace & defense, cleantech, industrial & heavy equipment, consumer goods, packaging and medical device industries.
“Apriso’s customers continue to extract even greater value from their FlexNet deployments, which is driving more demand for our software – manufacturing operations are now a ‘top of mind’ issue for both IT and operations executives. Our 2010 growth reflects this focus, ” explained Jim Henderson, president and CEO of Apriso. “We are entering 2011 with a strong backlog of active customer and prospect engagements and anticipate continued future growth across all our targeted regions and industries.”
A total of 17 new customers chose Apriso to help manage and continuously improve their global manufacturing operations in 2010, including Tesla Motors, as announced September 8. Apriso now serves over 200 global manufacturing clients. During the second half of 2010, a total of 21 customer sites went live with new FlexNet applications, including NGK Spark Plug, as announced October 12. A total of 44 go-lives occurred in 2010, a new company record. Greater efficiency within Apriso’s professional services group and partners from advanced capabilities of FlexNet 9.5 has helped to accelerate the go-live process, resulting in greater deployment capabilities.
At the end of June, Apriso announced the release of FlexNet 9.5 with advanced blueprinting and prototyping capabilities and new user interfaces for greater productivity and flexibility. This significantly enhanced version of Apriso’s FlexNet represents the next generation of Business Process Management (BPM) for manufacturers, and has been well received by Apriso’s customers during the second half of 2010. As an example, one new customer went live in 3½ months for a very complex installation.
In December, Apriso announced a “reinvention” of maintenance management, with the launch of FlexNet Maintenance 2.0, a new solution that helps to improve asset utilization and reduce costs by synchronizing maintenance processes with manufacturing operations for greater uptime and agility. According to Hitachi Computer Products (America), Inc., FlexNet gives them “a more complete look at what has happened to a piece of equipment, contributing to increased efficiency and improved uptime.”
Apriso’s customers continue to be recognized for high achievements. In the fourth quarter 2010, customer L’Oréal won two manufacturing excellence awards, directly attributable to the company’s implementation of FlexNet as a global platform for manufacturing operations management. L’Oréal, the world’s leading cosmetics company, earned both the Organizer’s Strategic Manufacturing Award as well as the Operational Excellence Award at the 6th Annual European Manufacturing Strategies Summit, held October 20, 2010 in Swissôtel Düsseldorf, Germany.
Apriso Corporation (apriso.com) is a software company dedicated to providing competitive advantage for its customers. It does so by enabling manufacturers to achieve and sustain manufacturing excellence while adapting quickly and easily to market changes. Apriso's FlexNet is a BPM platform-based software solution for global manufacturing operations management. Apriso supports global continuous improvement by delivering visibility into, control over and synchronization across manufacturing and the product supply network. Apriso serves 200+ customers in 40+ countries across the Americas, Europe and Asia. Customers include GM, Volvo CE, Honeywell, L'Oréal, Trixell, Lockheed Martin, Bombardier, Textron Systems, MBDA, Saint-Gobain 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.