Contact Information: Contact: Sarah Conway Clement Communications pr@nuxeo.com
Open Source ECM Vendor Nuxeo Gains Record Number of New Customers and Partners
Rapid Growth in 2009 Demonstrates Success of Global Expansion
| Source: Nuxeo
BOSTON, MA--(Marketwire - March 16, 2010) - Nuxeo, the Open Source Enterprise Content Management
(ECM) company, today announced that it has seen significant growth in
the ECM marketplace -- particularly in North America. In 2009, Nuxeo more
than doubled its revenue, launched several new products and features
developed in conjunction with the open source community and won several
industry accolades. The open source document management company also now
has expanded to 50+ employees in Paris and Boston and more than 50 partners
worldwide.
"Our experience over the past 12 + months in North America is that there is
a large segment of the market that want the breadth and depth of larger
content management systems from first generation ECM vendors such as EMC,
IBM, Open Text and Oracle -- but today they require more modern, extensible
architectures and lower overall costs," said Eric Barroca, CEO of Nuxeo.
"Our appeal is a feature-rich ECM platform and packaged applications that
address the architectural and functional needs of large enterprises, but
are also easily deployable in a wide range of environments and extended and
developed by customers themselves."
2009 highlights include:
- Major Growth of Subscriber Base -- Nuxeo has tripled its customer base
in 2009, boosted by a move into the North American market and the
improvement of its Nuxeo Connect, the company's flagship subscription
offering delivering software maintenance and support to its customers. New
global customers in 2009 include Orange, one of the world's leading
telecommunications and network services companies; Jeppesen, a division of
Boeing; EllisDon, one of the largest building contractors in Canada;
Serimax, an international full service welding company; Cengage Learning,
which makes customized learning solutions for universities, instructors,
students, libraries, government agencies, corporations, and professionals;
Frequentis, which supports state and local governments with emergency
response/command and control applications; and Vilogia, a France-based
privately held property management company.
- Revenue Growth -- In line with its growing subscriber base, Nuxeo
has seen a 285 percent growth in 2009 revenue compared to close of 2008.
This validates the company's strategy to deliver an open source ECM
platform as a foundation for content applications. This growth also
demonstrates a successful expansion into the North American market and its
ability to compete with and beat proprietary and open source ECM vendors
alike. With demand for Nuxeo Connect subscriptions on the rise, the Nuxeo
revenue mix has shifted to more packaged support and maintenance deals. At
close of 2009, Nuxeo's revenue is largely driven by its subscription
offering.
- Galaxy Partner Program launched -- 50 partners -- integrators and
application partners -- have signed up for the Nuxeo Galaxy Partner
program since its launch in July 2009. The Nuxeo Galaxy Program gives
business and field experts the ability to package their knowledge and offer
both horizontal and vertical applications, designed to meet specific
content management challenges. Galaxy partners deliver their domain
expertise and solutions to their customers as well as to the broader, ever
growing Nuxeo community.
- Significant community contributions -- Nuxeo was able to expand its
product in a number of meaningful ways including through contributions from
its open source community. For example, Nuxeo added support for OpenSocial through the contributions of one of its larger customers Leroy Merlin with
the Nuxeo DM 5.3 release in October 2009.
- Gained industry accolades -- Nuxeo continues to be recognized by
leading publications and win awards. It recently won TechWeb's Intelligent
Enterprise Editors' Choice award
that recognizes the most influential technology companies impacting
enterprises today. It was also listed as one
of "10 open source projects worth checking out" by TechRepublic.
- Now has more than 50 employees, up from 38 in 2008 -- Nuxeo
continued to grow the number of employees both in Paris, as well as the new
office in Boston. Among the high-profile hires was appointing David Cloyd
General Manager of the Americas and hiring Cheryl McKinnon as its first
Chief Marketing Officer. McKinnon brings more than 15 years experience in
the ECM space, most recently with Open Text.
- Leadership role with Apache Chemistry incubator project & CMIS --
Nuxeo spearheaded the creation of the vendor-neutral Apache Chemistry incubator
project, which is developing a generic, open source Java reference
implementation of the Content Management Interoperability Services (CMIS)
standard. Nuxeo also participates on the OASIS CMIS technical committee,
which is working on creating a standard web services infrastructure to
allow enterprises to more easily share information with multiple ECM
systems as well as between ERP and CRM systems.
2010 is also off to a record start with the releases of Nuxeo DAM and Nuxeo
Studio. The Nuxeo Digital Asset Management offering, Nuxeo DAM, helps
organizations catalogue, process, store, retrieve, and distribute rich
media content, including images, audio, and video. Nuxeo Studio is the
configuration and customization environment for Nuxeo EP, Nuxeo DM and
Nuxeo DAM. Nuxeo Studio is available to subscription customers to help them
accelerate application building with a simple web-hosted design tool.
Nuxeo DAM is driving new deals early in 2010, with the first closed
contract achieved within 30 days of product launch.
About Nuxeo
Nuxeo's ECM platform provides a cost-effective, modular, flexible open
source solution for managing information. A pioneer in the open source ECM
market, Nuxeo is used by hundreds of customers worldwide, including The
Press Association, Agence France-Presse (AFP), EllisDon and Cengage.
Companies of all sizes across all industries, including media, government,
transportation, education and energy sectors, use the Nuxeo Enterprise
Content Management offerings to meet their specific vertical and horizontal
content application needs. Support, training and professional consulting
services are available to customers and partners worldwide. Headquartered
in Paris, the company has global offices in North America (Boston), Western
Europe (Paris, Madrid and Rome), Eastern Europe (Moscow) and the Middle
East (Dubai). More information is available at www.nuxeo.com.