Applimation, Inc., the leading provider of enterprise data management solutions for packaged and custom applications, today announced a double-digit increase in revenue for fiscal year 2007.
New contract bookings increased 55% from 2006 to 2007 while total year over year revenue grew 51%. Driving the fiscal year results was a combination of sales and marketing efforts driven by the expansion of the Applimation Informia Enterprise Data Management Suite.
Product sales came from a combination of Informia Archive, Subset and Secure products to Oracle, PeopleSoft, Siebel and Custom application users. Applimation gained several new North American and global clients in Q4 2007 some of which include Silgan Plastics, Qwest Business Resources, Sprint/United Management Corporation, Leroy Merlin, Tata Motors, Kroll Factual Data, Cedars-Sinai Health System, MICROS Systems, Tecumseh Products, SPIE SA, The Regence Group and Time Warner Cable.
“We are very proud of our financial and operating performance in 2007,” said Bob Markese, CEO, Applimation, “Our solid performance positions us with a strong balance sheet to execute our strategy for growth in the Information Lifecycle Management space.”
The demand for Informia Archive data management solutions continues to be driven by the need for increased production database performance as well as meeting long term data retention, legal and regulatory compliance requirements. As organizations see production databases continue to grow, the traditional approach of generating non-production copies constitutes a significant overhead for IT departments. The Informia Subset solution addresses test and development environment challenges by creating secure, space efficient copies of production databases with minimal overhead.
In today’s dynamic enterprise environments, companies maintain sensitive data in a variety of locations, from mission critical production systems to internal QA and development environments to long-term data repositories. Such a combination of factors makes an automated, comprehensive data privacy solution such as Informia Secure a requirement rather than option.
About Applimation
Applimation is a leading provider of enterprise data management solutions for packaged and custom applications across multiple database platforms. The Applimation Enterprise Data Management Suite enables organizations to manage the growth of structured and unstructured data to achieve Information Lifecycle Management objectives, improve operational efficiency, reduce total cost of ownership and meet compliance requirements. For more information, visit www.applimation.com.