BigMachines Achieves Record Growth in 2008
Posted on | June 22, 2010 | No Comments
Despite challenging economy, leading configuration, quoting and proposal software provider posts revenue growth and continues to expand
CHICAGO & FRANKFURT – 10 February 2009 – (BUSINESS WIRE) – BigMachines, Inc., the leading provider of on-demand configuration and proposal management system software, today announced that it has reached another record year in 2008 with 75 percent growth in recurring revenues over 2007. In Q4 2008, BigMachines saw 68 percent revenue growth over the same period in 2007 and full-year profit and finished the year with the best quarter in the history of the company.
BigMachines has successfully deployed its software-as-a-service solution to more than 50,000 users at customers who serve a broad variety of markets including software, high technology, medical, and industrial products. New high technology customers include Panasonic, Kodak and DriveCam; new medical customers include Carestream Health; new software customers include SirsiDynix and NetMotion; and new industrial companies include Fike Corporation and Williams Furnace Company. BigMachines also expanded its customer base into new vertical markets including advertising/promotions (including customer ePrize), publishing and financial services.
BigMachines grew its staff by 40 percent globally in 2008 and, overcoming general economic trends, continues to hire into 2009, expanding its development, product management, professional services, sales and marketing teams as well as its customer service team to increase the company’s ability to meet the needs of its growing customer base. The company grew its international presence in 2008, opening offices in Frankfurt and London and adding new customers throughout Europe.
BigMachines is a leading partner with Salesforce. com and was recently Salesforce customers rank as the best Quoting tool in Salesforce Best Apps of 2008. In addition, BigMachines as an Oracle Elite 8 partner in 2008, selected his top-tier partner status confirmed as the preferred solution integrated with Oracle CRM On Demand. BigMachines also expanded its partnerships with other technology and service providers including Astadia, Bluewolf, Cast Iron Systems, Echo Lane, eLogic, Intelenex, Right90 and Xactly.
BigMachines customers record level of the acceptance, generation reaches quotes and thus transactions à ¼ more ber its software on an increase of 104 per cent gegenà ¼ more ber 2007. In Q4 BigMachines fà ¼ hrte a new system and procedure for the systematic measurement of the customer satisfaction. From the inquiry with BigIdeas durchgefà ¼ hrt, the enterprise with jährlichen conference of user and Industry forum divided, 90 per cent of the customers wà ¼ rden BigMachines BigMachines their contemporary to recommend. BigIdeas 2009, those branchfar gröà Te meeting concentrated on Guided Selling, product configuration and selling process efficiency, will take place October 4-6, 2009 in the Sheraton Chicago hotel & amp; Towers.
“We are proud to have delivered another year of strong growth in 2008, especially when the general business market has been taking a beating,” said Godard Abel, CEO and co-founder of BigMachines, “We have laid a solid foundation for more growth and success in the future by completing many scalability projects in 2008. Our customers, partners, analysts and the general marketplace continue to recognize our leadership and our ongoing focus on the success of our customers. We intend to accelerate our rate of product innovation by delivering powerful, intuitive web software technology that enables our customers to sell more and sell faster. ”
à ber BigMachines, Inc. and BigMachines AG BigMachines world-wide fà ¼ hrend in on and configuration and offer generation software, helps to sell and sell enterprises more faster. BigMachines Lösungen stärken Vertriebskanäle of customers by the optimization of the sales processes of the Opportunity up to the order. Assistance of the BigMachines application sales teams and kanäle fast products können configure, offers provide and Vorschläge, complex prices administer as well as Verträge provide and administer. BigMachines supplies comprehensive reporting Funktionalitäten and lässt themselves easily into fà ¼ hrende CRM and ERP systems einschlieà lich those from Salesforce. com, Oracle and SAP. BigMachines fast growing customer master zählen global fà ¼ hrende enterprises such as Kodak' s GCG, Siemens, Ingersoll edge and NTT Communications as well as innovative growth enterprises such as ShoreTel and Voltaire Ltd. Fà ¼ r further information, visit you www. BigMachines. de/English. php.
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