Sustained by Cloud Computing and International Development, Esker Achieves 19% Growth in 2010
DERBY, England, February 18, 2011 /PRNewswire/ -- Esker, the leader in document process automation solutions, announced today that it has achieved 32.7 million Euros in sales revenue for 2010 - a 19% increase over the previous year Positioned among the leading French software vendors, Esker has successfully incorporated cloud computing into its solutions and achieved international development.
With 82% of its sales revenue in France realised in a SaaS (Software as a Service) model, Esker's global subsidiaries have experienced a 56% increase in their on-demand activities. Esker cloud-based solutions and services experienced significant growth and success:
- Esker on Demand grew 42%
- Customer portfolio expanded to include Lafuma, Sodexo, Groupe Zannier,
Parfip Lease, Entremont, Thomson Reuters and Jenny Craig by Nestlé
Nutrition
- Over 120 million pages were processed by eight Esker production
facilities throughout the world
"To accelerate our 2011 growth, we will continue to develop Esker on demand services with a new release of our accounts payable automation solution.. We will, therefore, be able to better address the growing externalisation and document process automation needs of our customers," said Jean-Michel Bérard, CEO and President of the Board of Directors, Esker.
With 68% of its sales revenue achieved outside France, Esker is one of the foremost French software vendors in strength of international presence. In 2010 Esker's worldwide sales revenue increased: 10% in the United States, 14% in Asia-Pacific and 18% in Europe. In 2010 Esker also reinforced its presence in Asia with the opening of a new subsidiary in Malaysia With an already strong position in Europe, North America and Australia, Esker is capitalising on Asia's dynamism as well as that of emerging markets.
"Our double-digit growth is the result of our international development and our move from an on-premise to a cloud computing-based software vendor. We are able to offer companies a unique international on-demand externalisation and document process automation solution for all their business documents - vendor and customer invoices, customer orders, etc.," added Bérard.
About Esker
Esker is a recognised leader in helping organisations eliminate manual processes, gain process visibility and control, and reduce the use of paper by automating the flow of documents into, within and out of the organisation. With patented document delivery automation software and hosted document delivery services, Esker offers a total solution to automate every phase and every type of business information exchange. Customers achieve significant and immediate operational efficiencies, cost savings and measurable ROI in as little as three to six months.
(c) 2007 Esker S.A. All rights reserved. Esker and the Esker logo are trademarks, registered trademarks or service marks of Esker S.A. in the United States and other countries. SAP and SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other trademarks are the property of their respective owners.
Contact:
Sam Townsend
+44(0)1332-548181
sam.townsend@esker.co.uk
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