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BlueCielo FY08 Revenue Up 37% to $18.3M with $3.4M Profit

RIJSWIJK, The Netherlands, Aug 3, 2009 - BlueCielo ECM Solutions, a leading global software company offering Engineering Content Management (ECM) solutions, announced today that it has achieved strong financial results for 2008. Net revenue grew more than 37% to $18.3 million and the net profit increased by 5% to $3.4 million.

License revenue grew by 23%, maintenance revenue by 23% and services revenue by nearly 90%. Sales revenue in both the EMEA and North American markets grew more than 30%.

Martijn Janmaat, CEO of BlueCielo ECM Solutions, explains the company’s strategy of becoming the leading engineering content management solution for owner/operators is paying off. “Our focus on providing solutions to help our customers leverage engineering content to manage their enterprise assets is paying off,” Janmaat said. “In these challenging economic conditions our customers have an urgent focus on increasing business efficiency, decreasing plant costs and improving regulatory compliance. Our solutions are helping address these strategic issues for process, power and infrastructure companies.”

About BlueCielo ECM Solutions

BlueCielo ECM Solutions provides Engineering Content Management and Application Integration solutions for owner/operators in multiple vertical industries including energy, oil & gas, petrochemical, government, pharmaceutical, and discrete and process manufacturing. BlueCielo has more than two decades of industry experience with over 275,000 users in 50+ countries worldwide. The company has offices in Brazil, Germany, the Netherlands, Russia, UK and USA, together with an extensive global network of established partners. BlueCielo ensures a high level of service and support on a truly worldwide scale for its leading software solutions InnoCielo Meridian Enterprise, InnoCielo ImandrA for IBM FileNet and InnoCielo TeamWork.

For more information, visit http://www.bluecieloecm.com.

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See Also

BlueCielo website

TenLinks CAD Document Management list

Additional News

Feb 01 - BlueCielo Appoints van der Scheer as New CEO
Aug 26 - BlueCielo Releases InnoCielo Publisher 2009
Aug 3 - BlueCielo FY08 Revenue Up 37% to $18.3M with $3.4M Profit
Jul 22 - BlueCielo Releases InnoCielo Meridian, TeamWork 2009
Jun 19 - InnoCielo 2009 to Support Oracle AutoVue 2D Pro for Viewing
Mar 16 - BlueCielo Acquires 51% Shares of Brazilian Organization
Feb 3 - BlueCielo Renovates Mexican Non-Profit Clinic, Donates $10K
Jan 14 - BlueCielo Releases InnoCielo Workflow Module 2008a
Jan 13 - BlueCielo Ships InnoCielo Meridian, TeamWork 2008a
Dec 18 - BlueCielo to Acquire Brazil's SKA, GAMA Reseller Activities
Dec 11 - BlueCielo Acquires 49% Asset of Brazil's PONTODOC
Dec 1 - BlueCielo Promotes Sallade to COO, Moves Office to Exton
Nov 5 - Genzyme Picks InnoCielo Meridian Enterprise, FDA Module
Aug 12 - BlueCielo Releases InnoCielo Global Collaboration Framework
Aug 12 - BlueCielo Releases InnoCielo Global Collaboration Framework
Jul 24 - BlueCielo Releases InnoCielo Asset Management Module 2008
Jul 22 - BlueCielo Releases InnoCielo Publisher 2008

Source: Material used in press releases is often supplied by external sources and used as is.

 
  



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