Announces Triple-Digit Revenue Growth for 2015
ORLANDO, Florida — Feb. 1, 2016 — Acumatica, a provider of cloud-based accounting and Enterprise Resource Planning (ERP) software, kicked off its fiscal year 2016 in front of a packed audience at the sixth annual Acumatica Summit, held this week in Orlando, Florida. Attendees included a diverse array of technology partners who comprise the ever-growing Acumatica ecosystem and a large group of midmarket customers that rely on Acumatica to manage their businesses. Among the many announcements made during CEO Jon Roskill’s opening keynote, his confirmation that Acumatica had once again achieved triple-digit revenue growth during 2015, was perhaps the most enthusiastically received.
“The cloud-based accounting and ERP market continues to skyrocket as growth companies require a consolidated view of business information in real time,” said Roskill. “Acumatica is founded on a vision to provide small-to-medium sized businesses with a business management solution that is easy to use and accessible from anywhere. We are committed to helping accelerate business growth.”
More Acumatica highlights from 2015 include:
- Acumatica was once again the fastest-growing Cloud ERP solution, growing at 134 percent year-over-year.
- The company announced its 2,000th-customer milestone, doubling the size of its portfolio in less than 18 months.
- Acumatica added 24 new Independent Software Vendors (ISVs) to the ecosystem, an increase attributed to the open and flexible architecture of the platform as well as a growing customer base.
- An additional 60 Value Added Reseller (VAR) partners joined the Acumatica community, ready to help customers worldwide meet the demand for Acumatica services.
Acumatica’s Expanding Community
“The growing partner ecosystem is a special ingredient of value for Acumatica customers – and growth for the Acumatica platform. Partners bring their deep industry and business expertise to the table, and leverage Acumatica’s platform to accelerate time to value for customers,” said Rebecca Wettemann, vice president of Nucleus Research.
New U.S. Headquarters Location
To accommodate its growth, Acumatica will relocate its headquarters from Kirkland, Wash. to Bellevue, Wash. this week. The new headquarters is located at 11235 Southeast 6th Street, Suite 140, in Lincoln Plaza and is approximately 35 percent larger than Acumatica’s previous location.
“We’re excited about the opportunity the new office provides. Not only will we have more space to grow our team, but we will be closer to both Microsoft and Amazon Web Services, two of our most strategic partners, which increases the potential for additional collaboration,” said Nigel LeGresley, Chief Operating Officer at Acumatica. “Being in close proximity to these industry leaders is a strategic business decision that we will look to expand upon in the coming year.”
Acumatica Labs Opens in Montreal, Canada
The creation of Acumatica Labs in Montreal was also announced today. Acumatica Labs will perform rigorous testing and integration procedures together with leading OEM’s and ISVs, leading to faster and smoother ERP implementations on-site with customers.
“The expansion of Acumatica Labs in Montreal enhances our development capabilities in North America and will further enhance our partnership with ACCEO Solutions, one of our Original Equipment Manufacturers (OEM),” said LeGresley. “Montreal is a central hub of technical talent, and Acumatica Labs will drive our ISV integration and certification efforts.”
More information on Acumatica can be found at www.acumatica.com.
Acumatica provides cloud-based business management software that empowers small and mid-size businesses to accelerate their businesses and drive growth. Built on cloud and mobile technology and a unique customer-centric licensing model, Acumatica delivers a suite of fully integrated business management applications, such as Financials, Distribution, CRM and Project Accounting, on a robust and flexible platform. In an interconnected world, Acumatica enables customers to take full control of their businesses, play to their organizations’ unique strengths and support their clients by following them anywhere on any device. For more information, visit www.acumatica.com.