BigMachines Achieves Strong Growth in Second Quarter of 2008

2008-08-05 07:00:00

BigMachines Achieves Strong Growth in Second Quarter of 2008

Company delivers 94% year-over-year growth in recurring revenues, 18

new customer wins, and a powerful new 8.2 software release

CHICAGO & FRANKFURT, Germany–(EMWNews)–BigMachines, Inc., the global leader in on-demand sales configuration

and proposal software, announced today that it achieved strong growth

during the second quarter of 2008.

This year, BigMachines has already won 18 new customers across a number

of industries including high technology, software, industrial equipment

and telecommunications. In Q2 the company achieved a record number of

new contract bookings, which were up 84% year-over-year, as well as a

94% increase in recurring revenues compared to the same quarter in 2007.

In addition, BigMachines achieved several significant milestones during

Q2 including Release 8.2 of its flagship BigMachines software product,

launch of its industry-leading customer support program including its My

BigIdea online innovation community, and successful completion of the

Statement on Auditing Standards No. 70 (SAS 70) Type II audit, which

assesses the operational effectiveness of internal controls within

service organizations.

We are all very proud of the growth and

success we have achieved this quarter, said

Godard Abel, CEO of BigMachines. Our

organization has grown to over 100 global team members and we continue

to dedicate ourselves to providing solutions that help our customers

succeed by empowering their sales teams and channels to sell more and

sell faster.

BigMachines will present the newest features of its BigMachines

on-demand software 9.0 release at the upcoming BigIdeas 2008, the companys

annual customer and industry forum that will be held October 5-7, 2008

in Chicago, Illinois. Industry experts, BigMachines customers, and

business partners gather at BigIdeas to discuss innovative business

strategies and best practices in guided selling and product

configuration to increase revenues, improve sales efficiency, and reduce

costs. The event will feature a keynote presentation on innovation from

Tom Kelley, the General Manager of IDEO, who has advised leading

companies such as Apple in delivering innovative technology solutions.

More information is available at www.bigmachines.com/bigideas.

About BigMachines, Inc. and BigMachines AG

BigMachines is the global leader in on-demand sales configuration,

quoting and proposal software. BigMachines solutions empower sales

across customers channels by streamlining

their sales processes from opportunity to order. Using BigMachines

software, sales teams and channels can quickly configure products,

generate quotes and proposals, manage complex pricing, generate legal

contracts, and manage orders. BigMachines offers extensive reporting

capabilities and easily integrates to leading CRM and ERP systems,

including those from Salesforce.com, Oracle, and SAP. BigMachines

rapidly growing customer base includes global leaders such as Kodak GCG,

Siemens, Ingersoll Rand, and NTT Communications, as well as innovative

growth companies such as ShoreTel and Voltaire Ltd. For more

information, visit www.bigmachines.com.

Outlook Marketing Services
Media Contact:
Christa Carroll
Ph:

630.922.6995
christa@outlookmarketingsrv.com

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