CIMdata PLM Industry Summary Online Archive
3 August 2009
Financial News
BlueCielo Reports Strong Results for 2008
BlueCielo ECM Solutions announced 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.”
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