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Arena Solutions Reports Q3 ‘07 as the Most Successful Bookings Quarter for On-Demand Arena PLM in th

October 31, 2007 @ Agile News from CMC Staff

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38% Growth Marks Strong Expansion With New and Existing Customers Plus Rise in Demand From International Customers, Medical and High Tech Industries
 
October 31, 2007: 08:00 AM EST

Arena Solutions, the leading provider of on-demand product lifecycle management (PLM) software for manufacturers of all sizes, today announced Q307 as the most successful bookings quarter in the company's seven-year history. Additionally, a significant number of current customers expanded their investments in Arena PLM, primarily to accelerate their new product development process or manage a complex network of outsourced relationships.

Arena Solutions delivered exceptionally strong year-over-year growth of 38% percent, outpacing current growth expectations for PLM vendors, and a remarkable 43% quarter over quarter growth in sales to new customers. During the quarter, electronics, medical device, and innovative auto and automotive supply chain companies topped the list of those adopting Arena PLM. These companies selected Arena PLM for its on-demand advantage, which provides a quick return on investment and makes the software easy to install, maintain and use, without any increase in IT spending.


This article is syndicated from Agile News . The original article is available here. Read more in Agile Journal, Project Management News .

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