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BigMachines Continues Record Growth With Fifty-Five Percent Revenue Increase in 2011Leading Cloud-Based Sales Technology Company Continues to Accelerate Innovation Worldwide With Year-Over-Year Growth in North America, EMEA and Asia (February 22, 2012)
CHICAGO, IL -- (Marketwire) -- 02/22/12 -- BigMachines, Inc., the leader in product configuration, pricing and quoting, proposal generation and B2B ecommerce, today announced the company achieved another record year in 2011 with 55 percent growth in total revenue, along with record profitability. In addition, the company reached more than 55 new customer wins within the year.
In 2011, BigMachines hired more than 80 talented professionals to support its continued growth and product innovation. As part of that strategy, the company also expanded its executive team to include David Bonnette as President, Sean Fallon as Chief Operations Officer/Chief Financial Officer and John Pulling as Senior Vice President of Products. All three executives bring a wealth of knowledge and experience in the technology space, having held senior positions at Oracle, Accero and Infor.
"This past year, we laid the groundwork for the company's transformation to be an even bigger and better cloud technology provider. In doing so, we will increase even further our notable leadership position in the market," said David Bonnette, President of BigMachines. "We see 2012 as a tremendous opportunity to expand our leadership position in the market, grow our product portfolio and continue to attract and retain the finest talent in the industry. As we reflect on 2011, we've put together an elite team here at BigMachines that are ready to guide this company on our mission to deliver unmatched customer success through our best-in-class products and services."
BigMachines gained further recognition from industry analysts, the media and its partners. For the fourth consecutive year, BigMachines was named by Inc. magazine in its 2011 list of the 5000 fastest-growing private companies in America, ranking number 42 on the list of Top Companies in the Chicago Metro Area and number 105 on the list of Top Software Companies in America. In addition, for the fourth consecutive year, BigMachines was named "Best Quoting App" on salesforce.com's AppExchange based on user-contributed reviews and achieved Oracle Validated Integration with Oracle CRM On Demand Release 19. The company also received a "positive" rating in Gartner's CPQ Application Suites MarketScope report.
- Learn more about BigMachines selling solutions at www.bigmachines.com
- Existing BigMachines Customers, view BigMachines 12 release notes or access the My BigIdea innovation portal at support.bigmachines.com
- Visit the BigMachines corporate blog: http://blogs.bigmachines.com
- Follow BigMachines on Twitter: @BigMachines
- Become a BigMachines Facebook fan: www.facebook.com/BigMachines
BigMachines is the global leader in enabling B2B sales, helping companies sell more and sell faster. BigMachines' award-winning on-demand configurator, pricing and quoting, proposal generator, and B2B eCommerce software 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, Microsoft and SAP. BigMachines' rapidly growing customer base includes global leaders such as Siemens, Ingersoll Rand, and NTT Communications, as well as innovative growth companies such as Acme Packet. For more information, visit www.bigmachines.com.
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