CIMdata PLM Industry Summary Online Archive

28 June 2007

Financial News

Arena Solutions Announces 61 Percent Jump in Sales to New Customers in First Quarter 2007

Arena Solutions announced a 61 percent year-over-year jump in purchases from new customers in its first quarter, ending March 31, 2007.

Companies select Arena PLM for its ability to help them manage their manufacturing outsourcing and supplier relationships while avoiding the high costs, complexities and limitations associated with traditional client/server PLM applications. The modern web-based architecture of Arena PLM enables customers to deploy the solution faster, easier and at a lower cost than traditional client/server applications, and as a result, see an instant return on their investment. Deployments during Q1 2007 took a matter of weeks from purchase date to go-live, compared to the months -- even years -- required for deployments of traditional systems. The quarter was active with new adoptions of the on-demand solution, with a new customer going live on Arena PLM every three business days.

Arena also continues to attract customers who are on the cutting-edge of their specialized fields. This quarter, Arena PLM further expanded its footprint in the medical device industry, with a record number of manufacturers choosing Arena PLM to make it easier to adhere to strict regulatory standards and maintain tight control over their product record while moving swiftly to push the envelope with the development of their innovative products.

Other significant highlights of Q1 2007:

•  The Winter '07 release of Arena PLM went live mid-quarter and delivered new project collaboration functionality.

•  Since publicly announcing a 99.5% guaranteed service level agreement (SLA) for Arena PLM, Arena surpassed its SLA for the fourth consecutive quarter. In Q1 2007, the company maintained 100% availability for Arena PLM.

"The positive results in the first quarter of 2007 were fueled by several factors: a strong product that continually expands to address our customers' most pressing issues, growing demand for PLM -- particularly on-demand PLM -- and a consistent positive experience and return on investment for customers from our easy to use, easy to deploy PLM solution," said Topolovac. "We continue to win market share as manufacturers join the movement toward employing a PLM system that helps them better control their manufacturing process. In comparing the benefits associated with on-demand, they regularly choose Arena PLM over dated client/server architecture."

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.

Subscribe