NEW WINDSOR, N.Y., Oct. 12, 2017 /PRNewswire/ -- DocuWare, a
leading developer of document management and workflow automation
solutions, closed the quarter ending September 30 with growth of 30 percent over the
same period last year (January – September). The primary driver of
this success was the volume of new cloud customers. The company's
cloud growth continues to accelerate, with 26 percent more cloud
customers after nine months than in the whole of 2016.
Through the first three quarters of this year, DocuWare
generated global revenue of 36 million
euros. Compared with the first nine months of last year,
this represents an increase of 30 percent. This growth is further
evidence of DocuWare's recognized solution value and product
leadership in document management and workflow automation.
This explosive growth was evenly shared across the world. By the
end of the third quarter, DocuWare generated 48 percent of sales in
EMEA (Europe, Middle East, Africa), while the North and Latin American
markets contributed 52 percent. Particularly noteworthy is the
growth in Europe: the United Kingdom grew 86 percent, France grew 66 percent and Germany grew 49 percent.
46 Percent of New Customers Choose DocuWare Cloud in
2017
Increasingly, companies across all industries are opting for the
cloud-based software-as-a-service (SaaS) model. DocuWare Cloud
provides the same functionality as the on-premises version, with
the benefits of low entry/operating costs and a high degree of
flexibility and scalability. From January to September 2017, 46 percent of all new customers
opted for DocuWare Cloud. At reporting time, 39,000 active cloud
users are processing approximately 40 million documents online.
DocuWare wants to further accelerate its profitable growth path
as it continues to rely on their rapidly growing cloud segment for
the future. DocuWare's Managing Director Jürgen Biffar
confirmed this strategy, stating: "We are particularly pleased that
the barriers to enter a digital office environment continue to
decline." The proof is in the statistics; for the period
September 30, 2015 to September 30, 2017, the number of DocuWare cloud
customers has grown 400 percent.
About DocuWare
DocuWare office automation solutions
deliver smart digital workflow and document control that set a new
pace for worker productivity and business performance. DocuWare's
zero-compromise cloud services are a recognized best-fit for
digitizing, automating and transforming key processes. DocuWare
operates in 70 countries with headquarters in Germany and the U.S. Visit
www.docuware.com.
View original
content:http://www.prnewswire.com/news-releases/docuware-grows-nine-month-earnings-by-30-percent-300535844.html
SOURCE DocuWare Corporation