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Apriso Achieves Record Revenue in First Quarter 2011 - Total quarterly revenue more than doubles on year-over-year basis - Apriso.com
Apriso Achieves Record Revenue in First Quarter 2011

 

NewswireToday - /newswire/ - Long Beach, CA, United States, 2011/05/05 - Total quarterly revenue more than doubles on year-over-year basis - Apriso.com. Euronext: #13065; DSY.PA

   
 
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Apriso, a leading provider of manufacturing software solutions, today announced record revenue achievement for the First Quarter 2011. The Company achieved total revenue growth of 132 percent on a year-over-year basis. Total revenue growth was driven by significant software license orders from consumer goods, industrial equipment and packaging manufacturers.

“The need for global manufacturing operations management solutions continues to grow as manufacturers come to understand the significant operational efficiencies that can be achieved when viewing, managing and continuously improving operations on an enterprise-wide basis,” stated Jim Henderson, president and CEO of Apriso. “Our dramatic growth in the first quarter was driven by large scale roll-outs, demonstrating the value Apriso provides these manufacturers. Our consistent growth over the last few years validates our strategy to focus on delivering our best-in-class global manufacturing excellence solutions.”

Customer Activity
Large scale deployments by new and existing customers in the consumer goods (CG), packaging and industrial equipment industries drove first quarter revenues.

• One CG manufacturer implemented FlexNet across their global operations so quickly that they elected to accelerate their enterprise roll out;
• Another CG manufacturer purchased FlexNet for global traceability across their enterprise;
• A Japanese CG manufacturer made an enterprise commitment to Apriso with a multi-site order;
• As previously announced on April 11, 2011, Cummins made an enterprise commitment for their power generation and component manufacturing operations;
• A global packaging manufacturer made an enterprise decision to implement FlexNet as their enterprise Manufacturing Execution System.

In the quarter, BAT Mexico presented their use of FlexNet’s “track and trace” capabilities, as part of their Anti-Counterfeiting and Smuggling strategy, at the ARC World Industry Forum in Orlando, Florida. Over 50 customers had active Apriso professional services’ engagements during the first quarter to support their FlexNet roll-outs. In addition, partner professional services activity has accelerated to meet the growing global demand for FlexNet. A total of four new customer sites went live in Japan, Russia, France and Brazil in the first quarter of 2011.

Product Updates
In January, Apriso announced expanded paperless manufacturing capabilities for Aerospace & Defense manufacturers with FlexNet 9.5, which now includes advanced electronic data capture to help reduce costs, increase agility and simplify integration to ERP, PLM and other enterprise applications. These product enhancements are ideally suited to the aerospace and defense industry, helping the company to successfully expand in first quarter of 2011 within this industry segment.

Partners
As part of the company’s strategic focus to simplify integration to third party enterprise applications such as PLM and ERP, the Company announced it joined PTC’s PartnerAdvantage™ Program. Apriso’s FlexNet Manufacturing Execution System will integrate with PTC’s Windchill® manufacturing process management technologies to streamline manufacturing engineering and process management for its discrete manufacturing customers. Apriso is scheduled to be a featured platinum vendor at PlanetPTC in Las Vegas in June, PTC’s next worldwide user group event.

About Apriso
Apriso Corporation (apriso.com) is a software company dedicated to helping its customers transform their global manufacturing operations. 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 nearly 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.

Media Contact:
Michael Gallo, Gutenberg Communications
P: (212) 239-8594 / E: mgallo[.]gutenbergpr.com.

 
 
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Written by / Agency / Source: Dassault Systèmes

 
 

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Apriso Achieves Record Revenue in First Quarter 2011

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Publisher Contact: Gordon Benzie - Apriso.com 
562-951-8054 gordon.benzie[.]apriso.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Dassault Systèmes securities in any jurisdiction including any other companies listed or named in this release.

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