Nuxeo Announces Record Breaking Results

October 23 13:00 2017 Print This Article

NEW YORK, Oct. 24, 2017 (GLOBE NEWSWIRE) — Nuxeo, maker of the leading, cloud-native content services platform, today highlighted record-breaking business results. Nuxeo has established itself as the modern, scalable content services platform of choice for leading enterprises. In the quarter that ended on Sept. 30, 2017, Nuxeo’s new license bookings increased by 287 percent.

The Nuxeo platform is a cloud-native, modular solution that is built on a rich metadata model and employs the latest technologies to scale effortlessly and efficiently. As a result, Nuxeo customers enjoy a much lower total cost of ownership (TCO) than with traditional ECM and DAM offerings. With its open architecture and broad array of out-of-the-box connectors, Nuxeo integrates with numerous business and productivity apps, allowing users to work the way they want to work, accessing content from within their preferred tools and applications. Nuxeo also offers out-of-the-box connectivity for existing content repositories, enabling customers to access and manage content and digital assets from across the enterprise, even if they are stored in other enterprise content management or digital asset management systems. Nuxeo customers also benefit from the solution’s easy-to-use Studio design interface, which enables them to configure and deploy new solutions in a fraction of the time required by traditional ECM and DAM offerings.

“Our ability to rapidly deploy and iterate business solutions means that our customers achieve better results more quickly with Nuxeo. Nuxeo also provides an incredibly low total cost of ownership. All of which means that our customers get great value from our technology,” said Eric Barroca, CEO of Nuxeo. “The incredible growth Nuxeo has experienced is a direct result of our innovative approach and the value that we bring to our customers.”

Nuxeo’s innovation has caught the attention of analysts as well as its customers. Aragon Research recognized Nuxeo in its Hot Vendor in Modern Content Management (MCM) report, stating, “What makes Nuxeo hot is its ability to natively manage both documents and video in an all-in-one platform. The ability to manage video at scale in particular means that enterprises will be able to replace existing ECM apps and deploy new ones ready for the modern video content era.”

Additionally, Nuxeo was named a visionary in Gartner’s 2017 Magic Quadrant for Content Services Platforms report, with speed of implementation noted as a strength. It was also one of only two vendors reviewed in Forrester Research’s 2017 Vendor Landscape: Digital Asset Management, 2017 that can support both enterprise and media and production use cases.

Over the last year, Nuxeo has seen strong revenue and company growth, industry accolades and rapid adoption across key verticals. In addition to analyst accolades, notable milestones in the past year include:

  • Strong revenue growth and renewals: New license bookings grew by more than 287 percent year-over-year in Q3; new license bookings have increased by 88 percent year-to-date and the company’s net renewal rate is more than 120 percent.
  • Company expansion: New office locations in London (United Kingdom), Irvine (CA), Washington, D.C., Madrid (Spain) and Frankfurt (Germany) join existing offices in Paris (France), Lisbon (Portugal), Los Gatos (CA) and a new, expanded location in New York (NY).
  • Executive leadership: The company also appointed industry veteran Fred Monjazeb, former senior vice president of sales and operations for EMC’s Enterprise Content Division, as its Chief Revenue Officer.
  • Industry recognition: Nuxeo was named the 2017 MongoDB Innovation Award Winner in the Startup Enterprise Category and as one of KMWorld 100 Companies That Matter in Knowledge Management 2017.
  • Product innovation: The company continued to set the pace for innovation with the release of a new Web UI that delivers a responsive, configurable and extensible user interface.

About Nuxeo:
Nuxeo, developer of the leading, cloud-native content services platform, is reinventing enterprise content and digital asset management. Nuxeo is fundamentally changing how people work with both data and content to realize new value from digital information. Its cloud-native, hyper-scalable content services platform has been deployed by large enterprises, mid-sized businesses and government agencies worldwide. Customers like Verizon, Boeing, Electronic Arts, and the Department of Defense have used Nuxeo’s technology to transform the way they do business. Founded in 2008, the company is based in New York with offices across the United States and Europe. Additional information is available at https://www.nuxeo.com/.

Read the Nuxeo blog for product and market news and technical thoughts.
Follow @nuxeo on Twitter.
Follow Nuxeo on LinkedIn.

For more information, contact:

Nolan Necoechea
LEWIS Global Communications
646.783.3716
[email protected]

  Categories:
view more articles

About Article Author

Jonathan Yaniv
Jonathan Yaniv

Jonathan is the founder and editor-in-chief of TrustedNerd.com. Covering major tech shows such as CES, Jonathan is always there for the latest tech news. Want your gadget to be reviewed or have a release you’d like to be considered for publishing? Send Jonathan an email, jonathan [at] trustednerd.com

View More Articles