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Nuxeo announces its highest quarter since its inception in 2000
Paris, London, Boston, May 19th, 2009 - Nuxeo, vendor of Nuxeo Galaxy, the open source ECM suite , has registered a record number of orders for the first quarter of 2009 with an increase of over 100% compared to the same quarter last year.
This significant growth has been boosted by the development of sales in Europe and in the US; US operations began in January 2009.
The quarter’s results are as much due to the renewal of existing client’s contracts as to the signing up of new ones.
- Among the new customers we can name : Cengage and eConstruction in the United States, L'Armée de l'Air (Air Force) and Serimax in France, DiviBib in Germany and Belgacom in Belgium
- Many existing customers continue demonstrate confidence in Nuxeo. Among these are l'AFP (French Press Agency), Le Ministère de la Défense (Ministry of Defense), la CNAV (retirement administration), Le Centre des Monuments Nationaux (National Monuments Centre) in France, The Press Association in the UK, Hustler Turf in the United States.
“The economic downturn has certainly contributed to a growing amount of interest in open source enterprise solutions. That this interest has been transformed into growth for Nuxeo goes a long way in underlining the maturity of our innovative business solutions. I feel very confident in our continuing success in the coming months, especially when I see how our growing teams are enabling us to develop products and services which exceed our customers’ expectations”, comments Eric Barroca, CEO of Nuxeo.
“This first quarter’s results are a perfect illustration of how committed our sales, consulting and development teams are to our clients' needs and evolving requirements. In addition, the positive reactions we’re getting from the new version of Nuxeo DM, and the arrival of new functional solutions (Nuxeo DAM, Nuxeo Correspondence) not to mention our expansion into the US and the rest of Europe, are very good signs for the current year’s results. These are clear proof that the strategy that we initiated a few years ago is now paying off.”, adds Arnaud Lefèvre, VP Sales and Management Board Member.