Nuxeo reports financial results for first semester 2008.
The innovative platform provider for ECM applications announces major growth and significant new client wins.
Paris, 27th May 2008 - Nuxeo has today reported major growth during its first fiscal semester 2008 (October 2007 – March 2008) in comparison to the same period for the previous year:
- 50% increase in revenue,
- 30% increase in new customers including major projects across Europe,
- 300% increase in software downloads,
- at least 10 new recruitments planned for 2008.
First semester revenues are attributed to the following industry sectors:
The Nuxeo platform is now being used by clients across the full spectrum of ECM :
In order to support this increased performance, Nuxeo plans ten new recruitments during 2008:
- 2 major account sales representatives (France/Europe),
- 2 specialized ECM project managers,
- 6 R&D developers/engineers, specialized in open source Java.
“Nuxeo's spectacular growth in the first semester of 2008 validates both our technical strategy and our open source business model,” comments Stefane Fermigier, founder and CEO of Nuxeo. “The results confirm that our platform is meeting specific market needs, from collaborative document management to multimedia document management. Moving forward, we will continue to increase partnerships with integrators and OEM ISVs. We will also maintain our R&D investments for both the platform and our business solutions, in order to provide our customers and partners with the most cost-effective, innovative and flexible ECM solutions”.
Publié le:
27/05/08 -
Dernière mise à jour:
27/05/08
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