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Apriso announces 86% growth in license revenue and 45% growth in total revenue for the 4th Quarter of 2007

publication date: Mar 8, 2008
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Worldwide market share growth supported by growing demand for improved visibility, control and synchronization of manufacturing operations management has enabled Apriso to set revenue growth records in its latest quarterly results. Quarter-over-quarter growth of software license revenue was 86% and total revenue growth was 45% for the fourth quarter 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.”

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