CIMdata PLM Industry Summary Online Archive
4 March 2011
Financial News
Planisware Enjoys Continued Growth and Success in 2010
Planisware™ experienced an outstanding year in 2010 with several key achievements - persistent revenue growth, continued cultivation of a strong customer base, a new release of its Product Portfolio Management solution, positive coverage from industry analysts, and the successful organization of customer events world-wide.
Reporting earnings of $34 million in revenue, Planisware experienced growth and profitability for the 15th straight year. With the addition of 12 new customers in 2010 - including Saudi Aramco, Abbott, and Generali - and the renewal of license extensions by nearly 20 existing customers, Planisware continued to post solid gains and to strengthen its leadership position within the new product development space. By close of 2010, Planisware had a corporate presence within 50% of the world’s top 20 largest R&D companies, managing a cumulative R&D budget of $67.1 billion. To support its growth, the company expanded its workforce and moved to larger office spaces in both San Francisco, California and Munich, Germany. Planisware expects to achieve double digit growth again in 2011, thanks to a solid pipeline of potential new customers.
With Planisware 5 well established among Planisware’s existing customer base, 2010 brought the announcement of Planisware Version 5.2, the most ambitious service pack to date. Planisware Version 5.2 incorporates user-requested upgrades like new interfaces with Microsoft SharePoint® and Oracle® Primavera, improved integration with Microsoft Office®, and numerous usability enhancements. Showcased in Version 5.2 is a new comprehensive Product Portfolio Management module enabling users to go beyond the development phase of new products, to manage the full product lifecycle. Providing business and decision support functionality, it is complementary to Product Lifecycle Management (PLM) solutions that focus on process and detailed product data. Capabilities include Profit & Loss Statements, Competitive Analysis Assessment, Requirements & Release Management, and Product Configuration Management.
“We have great expectations for 2011. Our high-end market position and the addition of the Product Portfolio Management module enabled us to post a very strong year in 2010 despite a globally depressed environment,” stresses Pierre Demonsant, CEO and founder of Planisware. “This trend will continue to grow in importance this year. Our solutions are a perfect match for many product organizations, which, in conjunction with our outstanding execution capabilities, will translate to greater market share for Planisware and increased leadership within our markets. Our solution is delivering a 3-digit return on investment and Planisware continues to benefit from a very strong word-of-mouth from our customer base, a key ingredient of Planisware’s success these past years.”
Planisware’s remote product delivery service also made great strides with the adoption of an upgraded SaaS platform. Planisware’s SaaS offering, Planisware Live™, was designed to minimize deployment time and lower costs, offering companies a jump-start for implementing Planisware in a secure and scalable environment. After scrupulous evaluation, Datapipe was chosen as the new data center to host this offering: with SAS 70 Type II certified facilities, data security is ensured, and its facilities are located around the world, making it a good fit for serving Planisware’s global community. In 2010, revenue from Planisware Live experienced a 200% increase over the previous year.
Dedicated to providing first-class service to its user community, Planisware bolstered its offering of training courses. In addition to on-demand sessions, standardized week-long courses taught participants about topics such as web-based administration, system maintenance and configuration skills in a personalized and interactive setting. Furthermore, continuing a long established tradition, the annual Planisware European and Life Sciences User Conferences featured many workshops around advanced technical subjects presented by leading Planisware consultants and product architects.
The 2010 European and Life Sciences User Conferences – held in Paris, France, and Boston, Massachusetts, respectively - were each met with record-breaking attendance and high praise from participants. Planisware also debuted a one-day User Summit, designed to gather the rapidly growing German customer base and foster networking among customers in Munich, Germany. All three Planisware conferences will be held again in 2011: the U.S. Life Sciences User conference will be held on May 25th and 26th in Miami Beach, Florida; the German Summit is planned to take place on June 6th in Munich, while the European User Conference is scheduled for this fall in Paris.
For more information on Planisware, please visit http://www.planisware.com.
Become a member of the CIMdata PLM Community to receive your daily PLM news and much more.
Tell us what you think of the CIMdata Newsletter. Send your feedback.
CIMdata is committed to your privacy. Your personal information will never be sold or shared outside of CIMdata without your express permission.