CIMdata PLM Industry Summary Online Archive

7 January 2010

Financial News

Cadac Organice BV Shows Strong Growth in 2009 (Preliminary Results)

In preliminary results over 2009, Cadac Organice BV shows strong growth in the number of customers and sold licenses and forecasts further growth in 2010

Cadac Organice BV, a Microsoft Gold Certified Partner and developer of Organice, a SharePoint based Engineering Document Management solution, shows strong growth over 2009. Despite the Global Financial Crisis, many companies have invested in Organice and the number of sold licenses quadrupled. Also for 2010, Cadac Organice forecasts growth and expects many new companies to invest in Organice document management based on Microsoft SharePoint.

2009 was dominated by the Global Financial Crisis. However, for many companies in the AEC (Architecture, Engineering and Construction) this was not the moment to sit still and wait, but to invest in the future. Many companies took the opportunity to implement important improvements in their document management and control processes.

Worldwide, Cadac Organice BV showed strong growth in the number of Organice customers and seats. The number of customers was almost doubled and the number of sold licenses was more than quadrupled. Among those new customers were small and mid-sized organizations as well as multinationals with offices worldwide.

In 2009 Cadac Organice also opened an office in Sydney Australia. From this office the Organice sales activities for Asia and the Pacific are coordinated. Meanwhile also the reseller channel in this region has been extended with resellers in Australia, Hong Kong and Singapore.

Cadac Organice BV, subsidiary of Cadac Group Holding BV, expects further growth in 2010. Jan Baggen, CEO Cadac Group Holding BV: “For 2010 we expect further international growth due to the introduction of the Organice 2010 Product Suite and the release of Microsoft SharePoint 2010”.

The final results of Cadac Group Holding over 2009 will be presented around May 2010 during the annual stakeholders meeting.

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