BigMachines Continues Record Growth in Q1 2007
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Customer demand increases for product configurator and quoting software; further penetration in high-technology, software and medical industries
Chicago, IL and San Mateo, CA - (May 22, 2007) - BigMachines, Inc., the leading provider of on-demand configuration and quoting software, announced today record Q1 2007 growth with over 200% growth in contract bookings and 69% increase in revenue over Q4 2006. In addition, BigMachines added 14 new customers in industries outside of their traditional industrial base including high-technology, medical, and software.
BigMachines' new customers serve a broad variety of markets including software, medical instruments, life sciences, web hosting, and industrial products. Customers added in the first quarter of 2007 include Caliper Life Sciences, NMS Communications, BottomLine Technologies and NaviSite.
"BigMachines is off to an excellent start in 2007," said Godard Abel, co-founder and CEO of BigMachines. "We continue to achieve strong performance through increased customer demand, industry diversification, and the continued growth of our team. By offering customers industry proven configuration and quoting solutions, we are well positioned for long-term sustainable growth and profitability."
In Q1, BigMachines grew their team by over 10% - hiring new resources across all areas including sales, professional services, and development. In addition, BigMachines also released version 7.2 of their Lean Front-End® software. This new release includes enhanced security and single sign-on support, expanded WSDL and web services features, and upgraded CRM integration to Salesforce.com.
About BigMachines, Inc. and BigMachines AG
BigMachines, Inc. founded in 1999 (www.bigmachines.com) provides web-based configurator, quoting, and proposal software to help companies streamline their selling processes from customer inquiry-to-order. BigMachines Lean Front-End(R) (LFE) solution digitizes complex selling processes and captures an organization's tribal knowledge to provide online product selection, configurator, quoting, and ordering capabilities for new products and aftermarket parts. BigMachines provides in-depth sales reporting capabilities and easily integrates to existing ERP and CRM systems.
About BigIdeas 2007
The BigIdeas annual conference is an exclusive forum for customers, partners, and industry experts to discuss innovative business strategies and how best practices in guided selling and product configuration can increase revenues, improve sales efficiency, and reduce costs. BigIdeas is scheduled for October 7 - 9, 2007 at the Hard Rock Hotel in downtown Chicago. For more information, visit bigmachines.com/bigideas07.
