Apriso Reports 72 Percent Year-Over-Year Revenue Growth for First Half of 2011

First half total revenue grew 72 percent; successful launch of FlexNet Manufacturing Process Intelligence
By: Apriso Corporation
 
Aug. 17, 2011 - PRLog -- LONG BEACH, CA – Apriso, a leading provider of manufacturing software solutions, today announced total revenue for the quarter ended June 30, 2011 grew 29 percent from the same period of the prior year. For the first half of the fiscal year ended June 30, 2011, total revenue grew 72 percent on a year-over-year basis. Software revenue more than doubled when compared with the first half of the prior year.
   
“Apriso’s sustained revenue growth is driven by growing market share in the manufacturing execution systems market and is testament to our ability to deliver higher value solutions to global manufacturers,” stated Jim Henderson, president and CEO of Apriso. “By selecting Apriso’s strong lineup of products and services, these global manufacturers continue to achieve higher product quality, improved manufacturing efficiency and real-time visibility into their global manufacturing supply chains.”

Customer Activity
Apriso added a number of new customers in second quarter 2011, each recognizing the value of implementing FlexNet as a platform for manufacturing operations and extending the value of their existing ERP and PLM systems. New customers in the second quarter 2011 include:

•   Thales Optronique, which is implementing Apriso’s FlexNet to elevate visibility and control to improve process traceability and efficiency
•   Safran Group, which made an enterprise-wide decision to standardize on Apriso for global manufacturing operations management; Messier Dowty is Safran Group’s first Apriso implementation
•   L'Occitane, which selected Apriso’s FlexNet as their next-generation platform for manufacturing operations management to help manage the firm’s strong expected growth


Product Updates
In May, Apriso announced FlexNet Manufacturing Process Intelligence (MPI), a solution for manufacturing intelligence and analytics. This product provides standardized Enterprise Manufacturing Intelligence (EMI) as a way to extend further value from FlexNet deployments performed on a global scale. MPI delivers enterprise wide, real-time visibility to improve synchronization and control across manufacturing operations, helping to increase flexibility, profitability and customer satisfaction.

Partners
In April, Microsoft announced their new Reference Architecture Framework for Discrete Manufacturers (DiRA) in response to the need to better serve and guide customers in today’s dynamic manufacturing environments. Apriso was selected to be a featured partner to help implement this program. Apriso’s global manufacturing solutions help extend user experiences with seamless device access, role-based productivity improvement and greater agility across the manufacturing enterprise and supply network.

In June, Apriso spoke at the PlanetPTC™ Live conference held in Las Vegas, Nevada, to a group of PTC users about “bridging the gap” between manufacturing and engineering. Ingegrating Product Lifecycle Management (PLM) applications with manufacturing operations have generated strong interest by manufacturers eager to simplify the execution of engineering change orders in dynamic markets.

Awards
Apriso was recognized in April for the third consecutive year as a “Progressive Manufacturing Technology Provider,” according to Managing Automation magazine, based on Saint-Gobain being recognized as a PM100 progressive manufacturer.

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Apriso Corporation is a manufacturing software company dedicated to providing competitive advantage for its customers. It does so by enabling organizations to adapt quickly and easily to market changes and unexpected events.
End
Source:Apriso Corporation
Email:***@apriso.com Email Verified
Zip:90802
Tags:Manufacturing Execution System, Apriso revenue growth, Manufacturing Process Intelligence, FlexNet
Industry:Manufacturing, Software, Technology
Location:Long Beach - California - United States
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