Record revenue growth fueled by new clients, new products and new service offerings.
Greenville, SC – August 9, 2007 – AssetPoint (www.assetpoint.com), a leading provider of Plant & Enterprise Maintenance Management software and industry best practices consulting and a Microsoft Gold Certified Partner, announced that the company achieved record first half results. Revenue growth was 15% above the same period in 2006. AssetPoint also signed a record number of new clients during the first half of 2007.
License revenue growth was 9% while services grew 20% over the same period in 2006. AssetPoint’s Software as a Service (SaaS) hosted solution grew at a record rate of 23% as clients continue to realize the benefits from using AssetPoint’s TabWare OnLine hosted solution which features a low total cost of ownership (TCO), eliminating many of the operating cost items that result from having application software installed onsite.
“The company is benefiting from continued acceptance of our TabWare EFX flagship product, better marketing penetration giving us more visibility in the marketplace, and the continued appreciation of our quality services offerings.” says Harrell Waldrop, Managing Partner of AssetPoint.
In addition, AssetPoint has launched new mobile solution offerings focused on clients needs for their mobile workforce and wireless inventory management.
About AssetPoint:
Established in 2002 as a spin-off from a major engineering, construction and maintenance corporation, AssetPoint has a legacy of over 25 years in delivering integrated enterprise asset management / Computerized Maintenance Management (EAM/CMMS) software and services that improve profitability and productivity for the process, manufacturing and facilities industries. Thousands of users manage billions of dollars every day in critical plant and facility assets worldwide using TabWare. The scaleable software solution is delivered as an onsite option, as a Software as a Service option, or as a fully secure, web-based solution. For more information see http://www.assetpoint.com. |
