OpenAir Achieves 44% Growth in Q2; Award-winning Professional Services Automation firm adds 28 new customers in the quarter.BOSTON -- OpenAir, Inc., the world's leading provider of Professional Services Automation See PSA. (PSA (Professional Services Automation) An information system designed to organize, track and manage all opportunities, work, resources, costs, revenues and invoices to improve the productivity and efficiency of the workforce. ) software announced today that it has achieved 44 percent revenue growth for the second quarter of 2006, while marking its 29th consecutive quarter of revenue growth and 11th consecutive profitable quarter. In addition, the company has remained cash-flow positive while investing in its outstanding growth. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. OpenAir CFO See Chief Financial Officer. Tom Brennan
Highlights for the second quarter of 2006 include: --OpenAir signed 28 new customers, ranging from large enterprise software companies to small consultancies and services firms of all shapes and sizes in between. --OpenAir announced its first annual User Summit, to take place in Boston in November of 2006. --OpenAir VP of Sales and Marketing Edward Marshall was nominated by the Massachusetts Technology Leadership Council as their "Executive of the Year". --OpenAir was named by ASPNews to their "Top 25 Global ASP Providers" list for the sixth consecutive year, unmatched by any in the PSA field and tied with Salesforce.com and WebEx for the longest running recipient of the award. About OpenAir OpenAir Professional Services Automation (PSA) software enables professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms to gain controls and insight on their financial best practices. OpenAir empowers executives to track projects, teams, and billable hours Billable Hours is a Canadian comedy series, which airs on Showcase. Set in the fictional Toronto law firm of Fagen & Harrison, the series focuses on three young lawyers struggling to balance their expectations in life with the difficult realities of building a career for improving employee utilization and to streamline project management. OpenAir Consulting provides both expert deployment advice on the OpenAir product as well as Services Best Practices Consulting as part of the OpenAir Optimize(TM) Services Program. Relying on a team of former Bain, Cambridge Technology Partners and Mercer consultants, OpenAir has developed comprehensive programs for both the Software-as-a-Service (SaaS) deployment paradigm as well as for the services vertical industries. OpenAir has helped leading services organizations across six continents increase profits through the subscription-based solution. For additional information, visit www.openair.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion