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

Digital textile printing sector to grow by 20% by 2020

Textiles | On 18th Jun 2018

Digital textile printing sector to grow by 20% by 2020

The digital textile printing sector is expected to have a compound...

Courtesy: Hela Clothing

Apparel/Garments | On 18th Jun 2018

Hela's latest label revolves around underwear, sleepwear

The latest collection of Sri Lanka’s Hela Clothing is revolves mostly ...

Kenya levies higher duties on mitumba import

Apparel/Garments | On 18th Jun 2018

Kenya levies higher duties on mitumba import

Kenya’s treasury secretary Henry Rotich recently raised the duty on...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Top executives
Textile industry

It will take some time for the people to change their buying choices

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Robert Brunner
Devereux

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search