M2 PRESSWIRE-May 3, 2011-: DocuWare Grows by 19 Percent; Uninterrupted, Self-Propelled Success(C)1994-2011 M2 COMMUNICATIONS
RDATE:03052011
Germering, near Munich, -- Reaching 14.3 million euros in total revenue, the integrated document management specialist DocuWare was able to once again improve on its annual results. All of the companys subsidiaries were able to grow over the previous year. To continue on this path, DocuWare continues to invest in its development of web-based solutions for document management.
DocuWares presence in over 70 countries is paying off: US-based DocuWare Corporation exceeded its targets to celebrate its 10th year anniversary with revenue growth of 19.5 %. In Latin America, the company was even able to grow by 38.4 % in 2010. In the German-speaking market, DocuWare grew by 7.6 % over the previous year. The regions EMEA (Europe, Middle East and Africa) and the UK also witnessed strong growth, registering 23.5 % and 13.3 % respectively. In total, revenue of the entire DocuWare Group grew by 19 % to 14.3 million euros. This also resulted in approx. 66 million Euros in project revenues for the companys network of Authorized DocuWare Partners. The growing dynamic of the company is also visible in the staff figure for 2010 this grew by ten additional employees to a total of 125.
New Customers, Number Nearly 1,000 Around the world, 996 new customers chose DocuWare solutions. For DocuWare Ltd, some of the more recognizable new customers in the UK included H&J Martin, BKK Instruments, Hankook Tyres and Tennyson Homes. DocuWare Corporation, on the other hand, attracted such well-known companies as the Coca-Cola Bottling Company of Northern New England, Lockheed Martin, NYX Cosmetics and Digicel Honduras. In the EMEA region, for example, Spanish companies Cie Automotive and Esteve Aguilera, the Russian subsidiary of Sberbank, the Serbian operation of cement producer Holcim, the Bulgarian port of Varna and the Jordanian Ministry of Justice all joined our ranks. In Germany, particularly, Johanniter Unfallhilfe , an emergency care operator, the tour operator Vtours, pharmaceutical company Oncosachs, mechanical engineering company Junker and the Bavarian public transport service, Zugspitzbahn, were among those who opted for DocuWare.
Investments Anchor Growth Despite the difficult economic climate of the past few years, DocuWare was able to significantly expand its Research & Development budget in both 2010 and 2011 with its own capital resources to drive the development of web-based products. In 2010, the Research & Development team focused on the new version DocuWare 5.1c, the browser-based Smart Connect module, which lets one incorporate the Document Management Solution into other applications without any special programming, and DocuWare iPhone and iPad Apps. The software company believes SaaS packages and other related solutions incorporating Cloud Computing offer great opportunity for further enhancing its market position in the ECM sector.
Grab Opportunities, Create Value Companies in all industries are still under a great amount of pressure to contain costs, even with a brighter economic outlook. The challenge remains to achieve more with the same or even fewer resources. DocuWare solutions create value for companies by unlocking the potential found in handling business documents and their contents. The result: more time for customers, higher profits through greater efficiency, improved cash flow.DocuWare The Company Founded in 1988, DocuWare has over 10.000 installations and over one hundred thousand satisfied users daily in over 70 countries. This Integrated Document Management Systems (IDMS) producer offers solutions that target small to mid-sized companies, government agencies and departments in large organizations. Over 400 Authorized DocuWare Partners make up a worldwide independent reseller network, employing over 1000 DocuWare experts who bring DocuWare close to its customers.
DocuWare AG is based in Germering near Munich, Germany. The companys US subsidiary, DocuWare Corporation, is located in Newburgh, New York and is responsible for all activities in North, Central and South America. DocuWare Ltd., its subsidiary in Weybridge, Surrey, handles all activities for Great Britain and Ireland. DocuWare S.L. located in Barcelona is responsible for the market in Spain and DocuWare SARL is located in Paris and attends to France and francophone Africa.
DocuWare Software for Integrated Document Management DocuWare is an integrated document management solution that can automate business processes by managing any type of document, regardless of format or source, in a central document pool for example paper records, letters, faxes, drawings, PC and other electronic files including e-mail. DocuWare supports all forms of electronic signatures. Integrated records management ensures that all access is secure, controlled, and logged. Using the Internet, the central document pool is available around the clock to any authorized user, no matter where they are located in the world.
A wide range of customizable DocuWare add-on modules equip DocuWare for, among other things, automatic indexing, COLD applications and enhanced workflow features. Other software applications are easily integrated with a set of standard tools. Numerous interfaces exist for ERP systems (including a certified SAP interface) and Groupware (like Exchange, Groupwise or Lotus Notes/Domino). DocuWare incorporates all components needed for powerful Enterprise Content Management. Processes in every company can be automated and improved with DocuWare. DocuWare solutions are known for their easy installation, administration and operation, as well as an exceptionally low Total Cost of Ownership (TCO). DocuWare software is available in 15 languages. Enhanced with workflow functionalities, Web Content Management, and universal integration functions, DocuWare provides powerful Enterprise Content Management (ECM) functionality for enabling expansion throughout an organization.
For more information please contact:
DocuWare AG Public Relations UK Annette Elizabeth Schmidt Therese-Giehse-Platz 2 82110 Germering, Germany E-Mail: annette_schmidt@docuware.com Tel.: +49.89.33 984 824 Fax: +49.89.8 41 99 66
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