|Page (1) of 1 - 02/03/12||email article||print page|
Arena Grows New Business 19% in 2011Successful 4th Quarter Bolstered by the Launch of PDXViewer, and an Increased Focus on Strategic Partnerships (February 03, 2012)
FOSTER CITY, CA -- (Marketwire) -- 02/03/12 -- Arena Solutions, a provider of cloud-based bill of materials (BOM) and change management software for small and mid-size manufacturers, today announced a 19% increase in new customers for the year ending December 31, 2011, compared to the same period one year earlier. Helping drive that growth were increases in annuity bookings -- up nearly 15% for the year -- and an increase in subscriptions coming from new strategic partnerships. New customers were up 18% for the quarter compared to the same quarter in 2010.
In addition to 2011's strong subscription and renewal numbers, Arena fulfilled its commitment to expand the company by building out its software, infrastructure and partner community. One notable development was the launch of PDXViewer -- a free, cloud-based app for viewing PDX files from any PLM or PDM system. PDXViewer displays PDX build packages from any PLM system, and makes BOM data available to a much wider audience.
According to Steve Chalgren, vice president of product management and strategy, "PDXViewer presents BOM data in an easily navigable format that keeps the context of the BOM and includes all of the peripheral information like AML and AVL. Because so many business systems are configured with a PDX output option, we are attracting a wide, varied audience with this new product, and the response has been enthusiastic. As we continue to develop new features for PDXViewer that will set it apart from other viewers out there, we expect this to continue."
Also in Q4, Arena surpassed its 99.5% service level agreement with 100% scheduled uptime in Q4 2011 and a continued focus on delivering the most secure and reliable collaborative BOM and change management solution available.
As always, Arena attracted a variety of innovative new customers from multiple industries, including high-tech electronics, clean technology, consumer products, medical device manufacturing and more. New subscribers included:
Cambium Networks -- a provider of professional grade fixed wireless broadband and microwave solutions for global data, voice and video connectivity.
Ubiquiti Networks -- a designer and manufacturer of disruptive technology platforms for emerging markets.
Meteorcomm -- a wireless telecommunications company that provides the equipment and services to track, monitor and control assets for the railroad industry.
TrueNorth Avionics -- a world-class communications company that specializes in developing integrated, lifestyle-in-the-sky solutions for large-cabin premium aircraft.
Monster -- a producer of high performance headphones including Beats by Dr. Dre.
Soberlink, Inc. -- the creator of a patent pending medical device that remotely monitors a person's blood alcohol level and wirelessly transmits a sobriety report to a web-based monitoring portal.
Quadlogic Controls Corporation -- developer of a patented power line communications technology and a provider of tenant electric billing services.
Taqua -- a provider of next generation telecommunication systems and applications including convergence switching, IP peering and small cell deployment solutions.
AccuVein -- a medical imaging company with a breakthrough product that can improve venipuncture procedures by allowing health care professionals to see a map of peripheral veins on the skin's surface.
About Arena Solutions
Arena bridges the gap between design and manufacturing, unifying entire teams around the latest product information and helping small and mid-size manufacturers meet their cost, quality and schedule targets. Arena provides easy-to-use cloud software for capturing product data, controlling revisions, managing the engineering change process and sharing accurate, up-to-date bills of materials (BOMs) with partners, suppliers and contract manufacturers.
The repository for the product record, Arena sits at the epicenter of the broader product lifecycle management (PLM) landscape, connecting with systems like CAD, EDA, PDM and ERP and linking organizations with their supply chains. With its cloud-based, software-as-a-service (SaaS) approach, Arena is a low-risk, rapid-return proposition that makes enterprise-class functionality available to companies that would otherwise have to contend with spreadsheet-based, time-consuming and error-prone BOM and change management processes. New customers get up and running with minimal upfront investment and start benefiting from Arena in less than 5 days for as little as $99 per user per month.
Founded in February 2000, Arena Solutions is headquartered in Foster City, California.
To learn more about Arena:
- Visit the Arena Solutions website.
- Visit PDXViewer
- Read the Arena blog on product design, development and manufacturing.
- Follow @arenasolutions on Twitter.
- Like Arena Solutions on Facebook.
- Learn more about the problems Arena solves.
- Watch videos of Arena in action.
- Follow Arena on LinkedIn.
Arena and Arena Solutions are trademarks of Arena Solutions, Inc., Reg. U.S. Pat. & Tm. Off. All rights reserved. Other product and company names are the property of their respective holders.
Copyright @ Marketwire
Related Keywords: engineering change management, ECO, BOM management, compliance, PLM, outsourcing, Bill of Materials, CAD, Management, Display, Prosumer/Consumer, Business, CAD/CAM/CAE, Dassault Systemes, USA, Marketwire, Inc., , medical technologists, Cancer, Surgery, Medical, Business, Other,