Bonitasoft 5th Anniversary Celebration Highlighted by 2014 Revenue Growth and Investments in Engineering
BPM Leader Also Announces 1,000th Customer, Unveils New York Office
SAN FRANCISCO--(BUSINESS WIRE)--Bonitasoft, the fastest-growing provider of business process management (BPM) solutions, today celebrated its fifth anniversary as a company with a series of announcements highlighting its strong growth and evolving vision.
“When we founded Bonitasoft, our goal was to democratize BPM – to take process improvement out from behind the walls of IT and put it in the hands of the workers”
The BPM disruptor said it experienced strong growth across business segments and geographies in the first half of 2014. Revenue grew by 110 percent in Latin America and by 155 percent in North America compared to the same period in 2013. Adoption of the Bonita BPM Performance Subscription was especially strong -- growing by more than 430 percent -- as organizations chose Bonita BPM Performance for mission-critical processes that require advanced deployment options, live process application updates and Platinum support.
Subscription revenue generated through system integrator partners grew by 170 percent during this period, reflecting the company’s commitment to helping partners build their Bonita BPM expertise and business.
Bonitasoft made the announcements as part of a weeklong cluster of events at its European and U.S. offices recognizing the five-year milestone. The company also announced the signing of its 1,000th customer – Mexican higher education institution Universidad Nacional Autónoma de México -- and the opening of its fourth global office, in New York City.
“When we founded Bonitasoft, our goal was to democratize BPM – to take process improvement out from behind the walls of IT and put it in the hands of the workers,” said Miguel Valdes Faura, Bonitasoft CEO. “After five years of consistent, strong growth and traction with top-flight customers, it’s clear that our mission has been a success. The market has been looking for a solution like ours, and we’re proud of the results we’ve achieved, helping 1,000 organizations shorten BPM projects’ time to ROI from years to just a few short months.”
In five years, Bonitasoft has built a worldwide staff of 140, generated $26 million in three rounds of venture funding and developed a broad customer base in a wide variety of industries. New Bonita BPM Subscription customers include the European Broadcasting Union; operators of Eurovision and Euroradio; healthcare payment management provider Emdeon; telecom provider VozTelecom Espana; retailer Mr. Bricolage; and financial services firm Edmond de Rothschild Group.
What’s next for Bonitasoft?
“We want developers to be heroes,” says Valdes Faura. “And we’re now dedicating our efforts to giving them the power they need to delight their business ‘customers.’” Bonitasoft plans to increase its engineering staff by 21 percent and overall engineering investment by 40 percent, underscoring the company’s commitment to making BPM application development, deployment and maintenance painlessly high-performance.
Bonitasoft’s weeklong celebrations include volunteering at local charities, innovation challenges for employees and recognition of charter members of the company’s staff. Organizations benefitting from Bonitasoft’s community commitment include Les Restaurants du Coeur in Paris and Grenoble, the St. Anthony Foundation in San Francisco, and the Food Bank for New York City.
Bonitasoft democratizes business process management (BPM) by bringing a flexible yet powerful BPM suite to organizations of all sizes and industries. Bonitasoft and its open source community deliver an unmatched ecosystem of connectors for nearly any application and/or system. With Bonitasoft, organizations can model, automate, and optimize process workflows in Finance, Human Resources, Sales, Marketing, Supply Chain, e-Government, and more. As the world’s fastest-growing BPM provider, Bonitasoft has more than 2.75 million downloads, 1,000 customers and a community of over 60,000 contributors.