Savvion announce a very profitable 2008

Simon Holloway

Written By:
Published: 10th February, 2009
Content Copyright © 2009 Bloor. All Rights Reserved.

February 2nd 2009 saw Savvion announce their financial results for 2008. The company was profitable every quarter in 2008. They listed their key success factors as:

  • 42 major BPM license transactions, 19 of which were repeat customers
  • 23 major new enterprise-level customers worldwide
  • New product release including BusinessManager 7.5, a new Business Rules Management System
  • Project-Oriented Process (POP) that supports an important BPM and project
  • management use scenario
  • New industry-specific applications built on top of Savvion's BPM software for Finance and Communications
  • New service offerings

Dr. M.A. Ketabchi, President, CEO and Founder of Savvion, said , "In these uncertain economic times, we know customers are reassured by Savvion's track record of financial stability and continued investment to enhance core products and innovative vertical market solutions."

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