Satuit Technologies' European Revenue Doubles in 2006
Satuit Technologies, the leading provider of customer relationship management (CRM) solutions for investment professionals, today announced its second consecutive year of record growth. Worldwide revenue growth for 2006 exceeded sixty-eight percent (68%), supported by a strong expansion in Europe that saw revenues double in 2006. Users of SatuitCRM can be found in every European financial center. Satuit credits its continued focus and commitment to the financial services sector, allowing it to build unprecedented out-of-the-box support and functionality for serving investment professionals. The growing trend for hosted solutions also played a role with SatuitCRM On-Demand outpacing the On-Premise solution exceeding a rate of nine out of every ten deals.
London, England (PRWEB) February 21, 2007 -- Satuit Technologies, Inc., the leading provider of customer relationship management (CRM) solutions for investment professionals, today announced its second consecutive year of record growth. Worldwide revenue growth for 2006 exceeded sixty-eight percent (68%), supported by a strong expansion in Europe that saw revenues double in 2006.
Satuit credits its continued focus and commitment to the financial services sector, allowing it to build unprecedented out-of-the-box support and functionality for serving investment professionals. The growing trend for hosted solutions also played a role with SatuitCRM On-Demand outpacing the On-Premise solution exceeding a rate of nine out of every ten deals.
"We continued to streamline our execution during the past twelve months to the point where we deliver our software, data migration and configuration in 2-6 weeks depending on the complexity of the legacy systems. We look forward to 2007 as a challenge to meet or exceed our 2006 customer success," said Karen Maguire, CEO of Satuit Technologies. "We are very pleased with the tremendous growth we've experienced with our On-Demand solution and its ability to allow clients to get up and running in record time with little capital expense or implementation resources. Our clients see fast return-on-investment (ROI).
"This benefits everyone, our clients, our partners and of course Satuit," Maguire concludes.
Unlike other CRM solutions that target the investment professional market, SatuitCRM was designed and built for investment professionals, by investment professionals. Satuit's growth serves as evidence that investment professionals benefit from a solution that mirrors the way they work, eliminating much of the learning curve of other CRM solutions available.
About Satuit Technologies
Satuit Technologies, Inc. is a global leader in sales force automation (SFA) and client relationship management (CRM) solutions the professional investment market. The company's SatuitCRM system was designed to enable asset management and hedge fund companies to increase sales, better serve their clients, master information-intensive business relationships, and reduce costs. With offices in the United States and the United Kingdom, Satuit serves clients in more than a dozen countries as well as every major financial center. Satuit Technologies was founded in 1994 and is privately held. For additional information on Satuit Technologies, visit: http://www.satuit.com/ or call +44 (0) 20 7375 0967.
Media Contacts:
Dan Dyer
Public Relations Manager
513.478.7818
Satuit, SatuitCRM and Satuit Corporate logo are trademarks of Satuit Technologies, Inc. All other trademarks or registered trademarks are properties of their respective owners.
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