From the Wires
Nuxeo Posts Strong Growth Numbers in 2012
Open Source Content Management Platform Vendor Sees 115% Revenue Increase in the U.S.
By: Marketwired .
Feb. 5, 2013 07:00 AM
NEW YORK, NY and PARIS -- (Marketwire) -- 02/05/13 -- Nuxeo, the provider of a content management platform for business applications, continues to deliver on its global growth strategy, with revenue increases led by large enterprise customers in the U.S. and an exceptionally strong retention rate.
"We are particularly proud of our subscription renewal rate," said Eric Barroca, Nuxeo CEO. "This demonstrates that we are directly aligning our revenue stream with customer success. Customers renew their subscriptions when they are satisfied with our service and their projects are successful. The gap between our renewal rate and that of most of the competition signals a high level of customer confidence with our offering, and suggests a trend favoring an open and transparent business model."
2012 highlights include:
In 2013, Nuxeo will continue to orient its offering towards developers and architects by expanding both the Nuxeo Platform and the software factory to help customers manage the full development to deployment cycle for their business applications.
Nuxeo provides an extensible and modular open source software platform for Enterprise Content Management. The Nuxeo Platform enables architects and developers to design, build and run unified applications for case management, digital asset management, and business content management. 1000+ organizations rely on Nuxeo to run business-critical applications, including Electronic Arts, Netflix, Sharp, Pearson Education, FICO, the U.S. Navy, and Jeppesen, a Boeing Company. Nuxeo is dual-headquartered in New York and Paris. More information is available at www.nuxeo.com.
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