Home / Knowledge / News / Information Technology / Apriso announces revenue growth of 86%
Apriso announces revenue growth of 86%
05
Mar '08
Apriso, a provider of adaptive software solutions for global manufacturers announced the Company's largest comparative quarter-over-quarter software license revenue growth of 86% and total revenue growth of 45% for the fourth quarter 2007, contributing to the completion of a record year in 2007.

Revenue was well balanced between automotive, aerospace & defense, mill products, consumer goods and medical device manufacturers worldwide. Growth in new customers was driven by the need for improved visibility, control and synchronization of operations to improve agility, especially when distributed across multiple production and supply chain locations.

“2007 was an outstanding year for our business in many measures. We're proud to achieve another consecutive year of exceeding expectations,” stated Jim Henderson, president and CEO of Apriso. “We believe our expanding backlog of new customers in 2007, made up of many global enterprises making enterprise-wide decisions, demonstrates an inflection point in our business. Customers are now recognizing the growing importance of extending the value of enterprise applications by integrating business systems with manufacturing operations. This is a growth trend we expect to continue going forward.”

Expanding Enterprise Customer Base:
Notable new customer additions and 'go-lives' during the fourth quarter include Scandinavian Tobacco, with headquarters in Denmark and facilities in Poland and Latvia, that will be implementing Apriso FlexNet as an enterprise application to simplify complex business processes while ensuring adequate traceability to control usage and distribution of raw material flows.

Must ReadView All

Apparel/Garments | On 24th Mar 2017

UK online retail sales up 15% in February 2017

Online retail sales in UK have grown by 15 per cent year-on-year in...

Courtesy: Messe Frankfurt

Textiles | On 24th Mar 2017

Over 3341 exhibitors participate in Intertextile Shanghai

More than 3,341 exhibitors from 26 countries and regions participated ...

Apparel/Garments | On 24th Mar 2017

Tiruppur garment cluster hopeful of meeting export target

The Tirupur garment cluster is hopeful of meeting its target of...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search