Savvion announce a very profitable 2008

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By: Simon Holloway, Practice Leader - Process Management & RFID, Bloor Research
Published: 10th February 2009
Copyright Bloor Research © 2009

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."