ProcessMaker Delivers Big Revenue Growth in 2015 Thanks to the Release of its Next Generation BPM and Workflow Software Platform
Brooklyn, NY (PRWEB) March 03, 2016 -- ProcessMaker, a global leader in Open Source and Cloud Business Process Management (BPM) and Workflow software, today announced significant year-over-year growth of its BPM and workflow software business for the year ended December 31, 2015. The company’s growth was driven by significant customer demand for its most recent generation of the ProcessMaker BPM and Workflow Platform, an award winning enterprise BPM & workflow software platform known for its ease of use, speed, and scalability.
“We are pleased to announce that in 2015 our subscription revenue increased by 58.7%. This continued strong growth was the result of growth in both new and existing customers and a significant increase in our average deal size. ProcessMaker signed a number of new clients with deployments in excess of 30,000 global users,” explained Brian Reale, CEO of ProcessMaker. “We saw particularly strong growth in our European and Asian businesses, and we are delighted that so many global brands are choosing ProcessMaker to automate their approval based business processes.”
ProcessMaker also experienced growth in key vertical markets led by Healthcare and Pharmaceuticals, Financial Services, Education, Manufacturing, and Telecom as clients sought to replace legacy systems as well as older generation BPM software. Additionally ProcessMaker continued to build out its indirect and channel business and received consistent growth globally from partners.
ProcessMaker made significant investments in its software in 2015 showing its continued commitment to its open source and enterprise BPM platforms. The latest version of ProcessMaker now includes native apps for IOS and Android enabling ProcessMaker to deliver a seamless experience to users across desktop, tablet, and handheld devices.
The latest version of ProcessMaker also delivers improved tools for enterprise customers to make it easier to manage high volumes of cases and processes on the platform.
ProcessMaker’s pre-built template processes and built-in security model make it easy for corporate IT to automate all of their approval driven processes on a single easy to manage and easy to scale platform. Whether run in the cloud or on premise, ProcessMaker easily connects to other mission critical enterprise applications such as ERP, CRM, DMS and legacy systems via its REST API to eliminate information silos.
About ProcessMaker
ProcessMaker is a leading open source and cloud based Workflow and BPM software suite that makes it simple for companies to automate form-based approval driven processes and interconnect people and existing company systems. ProcessMaker is headquartered in New York and has a partner network spread across 35 countries and on five continents. Hundreds of commercial customers including many Fortune 100 companies rely on ProcessMaker to automate their processes. ProcessMaker is available in 17 different languages and has been downloaded over 1 million times.
Lukas Larnholt, ProcessMaker, http://www.processmaker.com, +1 6173403377 Ext: 101, [email protected]
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