Nuxeo Posts Strong Growth Numbers in 2012
Open Source Content Management Platform Vendor Sees 115% Revenue
Increase in the U.S.
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:
-- Many new large enterprise and public sector clients are building
business applications with the Nuxeo Platform, such as Netflix, FICO,
U.S. Navy, and Michelin Travel Partner (publisher of The Red Guide).
-- Monthly subscription renewal rate of 99% globally, a key indicator of
customer satisfaction and much higher than average for the software
-- Revenue growth - Global revenue increased by 40% from 2011 to 2012,
with a 115% revenue increase in the U.S. Nearly 70% of revenue was
derived from subscriptions.
-- Active community - A growing, engaged community offered contributions
in terms of new developments, documentation, and participation in
development sprints and bug days.
-- Growth in the adoption of Nuxeo Studio, an application delivery
toolset - Monthly usage tripled between 2011 and 2012, affirming the
value of Nuxeo Studio and the platform approach to building
-- Release of Nuxeo Platform 5.6, with a fully customizable and
integrated workflow engine, multi-tenancy, new design tools, a mobile
toolkit, and many more features and improvements.
-- Nuxeo World 2012 - The annual conference for the Nuxeo community of
clients, partners, and users attracted 65% more participants in 2012,
and featured a workshop day that sold out.
-- Technology leadership - Nuxeo participated in projects such as Apache
Stanbol, which provides a set of reusable components for semantic
content management; EasySOA; CompatibleOne, an open cloud broker; the
CMIS (Content Management Interoperability Services) standard; and
Apache Chemistry, which provides open source implementations of CMIS.
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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