Crafter Software Announces Strong Sales Growth for Fiscal Year 2018
Increase in sales revenue marks another year of double-digit growth as the Crafter CMS platform fuels modern digital experiences for a rapidly growing number of organizations.
RESTON, Va., March 25, 2019 /PRNewswire-PRWeb/ -- Crafter Software, the award-winning provider of innovative Web content management system software that drives modern, unique digital experiences, today reported another double-digit increase in annual recurring sales revenue over the past year.
"The release of Crafter CMS version 3 last year was a significant factor driving new revenue growth as we added a record number of new customers across the globe," said Mike Vertal, CEO of Crafter Software. "As more enterprises seek a modern content management system that allows them to innovate more quickly and efficiently, Crafter CMS continues to gain a wider audience for both its open source platform and its enterprise support subscription offerings. At the same time, our existing customer base continues to expand its use of Crafter CMS, driving both strong renewal rates and the purchase of additional software support subscriptions. In addition, Crafter's headless API-first platform is enabling a whole new generation of content-enabled digital experiences. In addition to website, portal, and mobile app use cases, our customers last year deployed unique video-on-demand portals, live video streaming apps, augmented reality experiences, and digital signage solutions, to name a few."
Increasing disruption, complexity, and the exponential speed of digital change has created unique challenges and opportunities for organizations. Crafter CMS allows an enterprise's entire team to innovate more, develop faster and deploy new digital experiences with incredible pace. Crafter CMS, the first and only Git-based dynamic content management system, brings significant benefits to content authoring teams, software development teams, and DevOps teams that thrive on innovation.
Crafter Software's ability to orchestrate ecosystems and build partnerships with leading digital innovators also enhances its ability to offer complete solutions that resolve customers' hardest digital experience challenges. Through its partner ecosystem, Crafter Software enables enterprises to execute on their ambitious digital transformation activities. With continued growth across different enterprises, industries, and regions, Crafter Software and its partners continue to focus on creating an impact for clients with an innovative CMS platform that drives new and exciting digital experiences.
About Crafter Software
Crafter Software is on a mission to replace the broken paradigm of traditional content management, and to usher in a new era of fast, agile and easier development of innovative digital experiences. Our flagship product, Crafter CMS, is amazing for developers, easy for content authors, and fantastic for IT operations -- bringing the benefits of DevOps to content management applications. We build our software solutions on the foundation of open source, transparency, robust architecture, high performance, superior quality and outstanding customer support. Learn more at https://craftersoftware.com and https://craftercloud.io.
SOURCE Crafter Software
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