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Global Volatility Drives Break-Out Business for Steelwedge Software in 2011(December 20, 2011)
PLEASANTON, CA -- (Marketwire) -- 12/20/11 -- In a year of tumultuous global change that put many organizations out of business, Steelwedge Software announced today that it has doubled its global business and team. Steelwedge is the leading cloud-based provider of Sales & Operations Planning (S&OP) and Integrated Business Planning (IBP) solutions.
In 2011, business planning for global organizations became a significantly bigger headache as uncertainly became the "new normal." Executives -- grappling with how to course-correct their enterprises -- are increasingly turning to Steelwedge. Large global manufacturers from diverse industries including chemicals, consumer electronics, high tech, and automotive have recently selected Steelwedge to build more agility into their businesses with an integrated planning solution that connects sales, operations and finance data into a single view for a line of sight from plan to performance to profit.
Growing demand from companies with headquarters as far-flung as the US, Japan, China and India, has resulted in rapid global expansion beyond Steelwedge's established North American and Indian operations. The company's EMEA subsidiary has also benefitted from tremendous demand this year.
Gearing for continued growth, Steelwedge has built out its leadership team this year, adding seasoned executives in global customer service, support, sales and product strategy. Last month, Didi D'Errico joined as the VP of Marketing, bringing Steelwedge deep experience in marketing and brand-building cultivated from enterprise software companies of all sizes, including Oracle, CA, HP, Hyperion and BEA. Most recently, Didi was Vice President of Corporate Communications at Taleo Corporation, a leading cloud-based solution provider, where she developed marketing, brand and customer engagement strategies that contributed to the company's two-fold growth in less than three years.
Boosted by an equity investment from Mainsail Partners earlier this year, Steelwedge is set up well with global customer demand, a strong bench of seasoned management, and a powerful solution of SaaS technology and deep domain expertise, to have another break-out year in 2012.
About Steelwedge: A pioneer in Integrated Business Planning, Steelwedge delivers Sales and Operations Planning solutions to global enterprises for a single line of sight from plan to performance to profit. Nobody knows when the next news headline or changing customer demand will throw their business off balance. Steelwedge meets today's business agility imperative with integrated sales, operations and finance planning solutions that provide the "shock absorbers" to react, respond and recalibrate in a volatile environment. Large global enterprises, including five of the Fortune 100, trust Steelwedge to understand fluctuating demand, balance sales and capacity trade-offs, connect S&OP with financial planning, and measure performance against strategic revenue and customer service targets. Steelwedge serves industry leaders including Sony, Applied Materials, Canon, Spansion, Emerson, Enterasys Networks and NVIDIA. www.steelwedge.com.
© 2011 Steelwedge and all Steelwedge product names are trademarks or registered trademarks of Steelwedge Software, Inc. All other company and product names are trademarks of their respective holders.
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