CIMdata PLM Industry Summary Online Archive
12 April 2012
Company News
Vuuch Delivers Record Growth and Customer Expansion, Adds Distribution Partners
Grows Bookings More Than 400 Percent Year over Year, Signs Agreements with TriStar and 3HTi
Vuuch announced more than 400 percent growth in bookings for the first quarter of 2012, in a year over year comparison.
The record growth was further accentuated by reseller agreements entered into with TriStar, PTC's largest North American reseller, and 3HTi, a well-established PTC reseller based in New Jersey. The Vuuch solution is a natural complement to the PLM product lines carried by these partners. Vuuch also enters the 2nd quarter with strong momentum and increased industry awareness given a recent report by a leading market analysis firm and the release of Vuuch™ V5, with continued, accelerated growth as customers move from project level to enterprise deployment.
"Social technologies provide significant benefits for customers looking to better support how work gets done on enterprise deliverables," said Paul Cunningham, VP Sales, Marketing and Business Development of Vuuch. "Vuuch puts the power of social to work, eliminating the email mess, driving actionable outcomes on projects, and delivering substantial ROI, by connecting people based on the work they share. In addition, Vuuch's cloud delivery model empowers organizations to maximize budget dollars, immediately implement and train users, and reduce risk, without the capital expenditures and implementation costs associated with on-premises software tools."
"TriStar and 3HTi are two outstanding partners, with significant customer bases and knowledge of deploying enterprise PLM solutions," said Cunningham. "Customers see a significant opportunity for Enterprise Social capabilities to complete the vision of PLM/CRM/ERP and other structured toolsets by leveraging deliverable-centric social technology to complete real work in the business environment."
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