NewswireToday - /newswire/ -
Houston, TX, United States, 2011/02/23 - Process simulation specialist Lanner Group, Inc. reports strong customer acquisition and growth with delivery of key product enhancements rounding out 2010.
Lanner Group, the leading simulation specialist and business process improvement company, today revealed strong results for its US operation in 2010. Capitalizing on increased recognition of the uses for simulation technology, the Texas-based firm achieved double digit growth among both new and existing customers.
The Americas subsidiary of the UK headquartered parent of the same name, Lanner Group Ltd, exceeded its revenue growth and profit targets in 2010, reporting 10% growth in annual revenues, and delivering the highest sales income for three years.
Key sales drivers such as mergers and acquisitions, new business lines and operational efficiency have fueled Lanner Group growth. Additionally, the simulation tech's latest release of WITNESS software 'Power with Ease 3.0', launched in November, supported a positive customer response and strong retention into the beginning of 2011.
The firm also experienced an increase in custom consultancy commissions as clients opted to outsource simulation projects to deliver rapid turnaround solutions as they fought to identify productivity savings and process design improvements in the race to sharpen their competitive edge in today’s challenging economic climate.
Mandy Tague, Lanner Group's director of business development, Americas, comments, "Despite uncertain economic conditions, our approach for process driven transformation transcends economic conditions and continues to deliver results across all industries."
She continues, "Moving into 2011, we will continue to invest heavily in new innovations to accelerate value for our customers and ensure we remain focused on our mission of being the premiere global process simulation software provider."
Last year also saw Lanner Group's outstanding commitment to customer support recognized when Open Ratings Inc., a Dun & Bradstreet company, certified the firm as a Top 20% Performer based on Past Performance Evaluation approval ratings from its reference customers.
Lanner Group provides business transformation services to help understand, analyze, realize and govern organizations through process adoption and improvement. Lanner Group achieves this through simulation and planning systems consultancy utilizing its suite of BPM-related products led by award-winning WITNESS software. By leveraging process-based services discovery and cutting-edge technical integration capabilities, Lanner Group is able to drive process improvement and business strategy activities to realize tangible business transformation.
Lanner Group (lanner.com), the leading process simulation software specialist, is dedicated to delivering innovative solutions to model, analyze, and optimize business processes to over 6000 firms worldwide.