Dolphin achieved year-over-year revenue growth of nearly 50 percent from Q1 2012 and 20 percent growth from the preceding quarter.
West Chester, PA (PRWEB) April 30, 2013
Dolphin, a solution provider and SAP® software partner, today announced that Q1 2013 was its most successful first quarter in the company’s eighteen-year history. The company achieved year-over-year revenue growth of nearly 50 percent from Q1 2012 and 20 percent growth from the preceding quarter, Q4 2012.
In addition to its overall revenue growth, Dolphin’s Business Process Management (BPM) solutions realized an increase of greater than 260 percent during the quarter over the previous year. This growth was driven in part by increased sales to multiple long-time Data Lifecycle Management customers. More specifically, companies using Dolphin’s data archiving solutions for SAP systems are increasingly turning to Dolphin for help with automating and optimizing procure-to-pay (P2P), order-to-cash and other business processes. This includes global leaders in oil and gas, energy, manufacturing, and consumer electronics who have purchased Dolphin’s Process Tracking System for SAP Accounts Payable and Accounts Receivable for its overall flexibility and to leverage its tight integration with SAP Financials, as well as the company’s deep process and SAP expertise.
“To keep hitting our annual growth targets and maintain the profitability we’ve been achieving year-over-year, we continue to invest in our people and our solutions,” said Art Smithson, Chief Financial Officer, Dolphin. “With one-third of FORTUNE 100™ companies running SAP applications having implemented our solutions, this is especially important to us as we continue to grow our roster of notable corporations.”
Dolphin continues to invest in and sustain its recognized leadership in SAP data archiving and data lifecycle management. Sales of traditional solutions in this area remain strong, along with newer products such as field level data encryption, Dolphin’s solution to store SAP archived data and documents to Cloud with transparent retrieval, and nearline storage (NLS) for archive data from SAP systems including SAP HANA™ applications. To help keep pace with this rise in demand, Dolphin has added an average of one employee per month over the last twelve months. A 100 percent employee owned company, Dolphin has maintained an average annual growth of more than 15 percent for the past five years.
Focused on improving business performance through transformative Business Process Management and Data Lifecycle Management solutions for customers running SAP systems, Dolphin provides the right solution for each customer, faster, through its unmatched experience in SAP technologies and its proven best practices, tools and SAP certified add-on applications. Dolphin improves business and IT performance, lowers total cost of ownership and delivers a high return on investment.
The company was founded in 1995 and has offices in Philadelphia, PA and San Jose, CA. Dolphin solutions are implemented across North America and around the world. To learn more, go to dolphin-corp.com or email contact(at)dolphin-corp(dot)com.