Arena Solutions Q207 Sales Up 40%
Company claims momentum for 'on demand PLM'
 FOSTER
CITY, California, August 2, 2007 - Arena Solutions, the leading provider of
on-demand product lifecycle management (PLM) software for manufacturers of
all sizes, today announced a 40 percent year-over-year increase in sales for
its second quarter 2007. During the quarter, the company maintained strong
momentum selling to new customers while also expanding the presence of its
flagship on-demand Arena PLM software among existing customers. In addition
to strong sales in key industries like electronics and medical devices, the
company saw robust growth in adoption among its base of automotive supply
chain customers. These deepening relationships with customers resulted in a
record year-over-year increase in expansion of existing deployments.
New customers who selected Arena PLM this quarter were particularly
attracted to the on-demand advantage, enjoying the model’s benefits even
during evaluation through the innovative Arena PLM trial program, which
allowed them to experience the award-winning software before deciding to
buy. Enterprises of all sizes and all stages chose Arena PLM over
client/server alternatives. Among them are:
- MathStar, a fabless semiconductor company that designs, manufactures
and markets a new class of high-performance programmable logic chips.
- The Young Electric Sign Company (YESCO), a leading manufacturer in
the sign-making industry since 1920.
- Chatsworth Products Inc., globally recognized as the supplier of
choice for structural support systems used to Organize, Store and
SecureSM valuable technology equipment in world class data centers. A
history of innovation is revealed throughout CPI's extensive product
catalog and by numerous patents awarded for industry-leading design
concepts.
In addition to these and other new customers, companies in the automotive
industry are acknowledging the value of Arena PLM and increasing their
investment in it. Among the automotive customers who expanded their use of
Arena PLM this quarter are an innovative next-generation car company, a
global tier 1 supplier of automotive heating, ventilation and air
conditioning and power train cooling systems, and a leader in the design and
manufacture of engineered thermoplastic components and assemblies for the
automotive industry.
These companies all chose Arena PLM for the ability it provides to
collaboratively define, maintain, and securely share product and compliance
information from concept through end-of-life, across an extended supply
chain. With Arena PLM they avoid the high costs, complexities and
limitations associated with traditional client/server PLM applications. With
no software to install and no IT infrastructure to maintain, customers can
deploy Arena PLM faster, easier and at a lower cost than traditional
software and achieve an instant return on their investment.
Other significant highlights of Q2 2007:
- START–IT Magazine recognized Arena Solutions as one of the Hottest
Companies of 2007 for its innovative PLM technology that helps
manufacturers rise above their competition.
- Paul Patterson joined Arena Solutions as vice president of sales.
Patterson will manage and scale the sales organization to deliver on the
tremendous market opportunity for Arena PLM.
- Since publicly announcing a 99.5% guaranteed service level agreement
(SLA) for Arena PLM, Arena surpassed its SLA for the fifth consecutive
quarter. In Q2 2007, the company maintained 99.99% availability for
Arena PLM.
“We are delighted that a steady stream of new customers continues to
choose Arena PLM. Equally gratifying is that so many of our current
customers, who have experienced the benefits of our easy-to-deploy,
easy-to-use, on-demand PLM system, are expanding their relationships with
us,” said Michael Topolovac, chief executive officer of Arena Solutions.
“This high level of customer satisfaction is evidence that Arena PLM
continues to deliver tangible benefits in some of the areas that companies
care about the most, including time-to-market, collaboration, productivity,
outsourcing, and compliance.”
About Arena Solutions
Arena Solutions is the leading provider of on-demand product lifecycle
management solutions for manufacturing companies of all sizes. As the only
true on-demand, secure Internet-based PLM service, Arena PLM provides a
superior alternative to complicated, lengthy and expensive traditional PLM
software deployments. Through its award-winning service, Arena enables
product manufacturers and their global supply chains to streamline
outsourcing, improve operational efficiencies, and speed time-to-market.
Arena PLM has been adopted by more than 15,000 users across companies at all
stages of development, including industry leaders Foundry Networks, Color
Kinetics, Intuit, Sierra Wireless, Align Technology and more.
Arena Solutions’ market-changing approach to PLM has received significant
recognition in the industry, including Manufacturing Business Technology’s
Top 40 Emerging Vendors, the Supply & Demand Chain Executive 100, Industry
Week’s “Technology of the Year - Notable Innovators” and Start Magazine’s
“Hottest” Companies.
Founded in February 2000, Arena Solutions is headquartered in Foster
City, California. For more information, please visit the company's website
at www.arenasolutions.com.
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Related News
Aug 02 - Arena Solutions Q207 Sales Up 40%
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