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General Java Record License Revenue Growth for Fuego
Record License Revenue Growth for Fuego
By: Java News Desk
Apr. 8, 2004 12:00 AM
Fuego has achieved a record 331 percent license revenue growth during Q1 2004 as compared to the same quarter of last year. The company announced several significant product and service enhancements that contributed to the rapid growth during the first quarter. Fuego added 10 new enterprise BPM clients across its target industries, each spanning the full process life cycle. It also added significant OEM and reseller partnerships, and saw its services and license backlog grow. The company pointed to the strength of its most recent release of FuegoBPM software suite as the primary driver for its client wins and increasing sales pipeline momentum. The current release provides companies’ with easy accessibility to the technology for more rapid evaluation and eventual deployment and its strict adherence to standards makes it easy for clients to integrate FuegoBPM into their current infrastructure. Version 5 of FuegoBPM, its BPM software suite, was released in December 2003. "Companies are now recognizing the value of integrating BPM into the very fabric of their business," said Jon Lauck, Fuego CEO. "Our customers tell us that by utilizing FuegoBPM, they achieve tremendous business value immediately, and can confidently expand its usage across the very DNA of their enterprise." Fuego recently expanded its professional services and training organization to help customers more rapidly realize the benefits of FuegoBPM from initial implementation, through process monitoring and optimization. They also expanded their relationship with third party suppliers of these services to assist with immediate and future growth opportunities. During the quarter, Fuego entered into an OEM relationship with Systemware, an enterprise content management (ECM) software vendor. Systemware will develop and market process-enabled content solutions for its customers, powered by FuegoBPM. The company also announced a partnership with Ericom Software, to include its PowerTerm Host Publisher adapters into the connector library of FuegoBPM. Fuego entered into reseller agreements with iSTRAT Ltd., based in the United Kingdom, ARGO Tech, in Italy, DecisionWarehouse Consultoria, in Brazil and AdaptivEdge Pty Ltd, based in Australia. Each company is licensed to resell the FuegoBPM product and provide value-added implementation and training services to their clients. For more information, contact Wayne Snell, Director of Marketing, Fuego, at wsnell@fuego.com. Reader Feedback: Page 1 of 1
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