Esker SaaS Solutions Grow 66% in 2008
Esker SaaS Solutions Grow 66% in 2008
Document automation pioneer remains ahead of the curve as the SaaS / On Demand market continues to grow
Madison, WI – March 9, 2009
–Esker, the leader in document process automation solutions, today
announced revenue growth of 66% for its on demand services in 2008. This growth
strengthens Esker’s position in the Software as a Service (SaaS) market, which
is estimated at $6.4 billion in 2008 and likely to double by 2012, according to
a study by Gartner Group released on October 27,
2008.
With Esker on Demand and FlyDoc service offerings available worldwide, Esker has positioned itself since
2005 as one of the leading developers of on demand document delivery
solutions.In 2008,
Esker SaaS business was significantly strengthened. Highlights include
66% growth over
2007 $9.25 million in
sales revenue, representing 26% of its total revenue; 60 million pages sent annually by mail
from its worldwide production facilities; more than 2000 new Esker on Demand
customers, including 1-800
Flowers.com, Alcan Composites, Inc., BainUltra, Euler Hermes, Fenwick, Manpower,
Microsoft, Samsung, State Industrial Products and many more; and
numerous partners
integrating Esker on Demand services directly into their applications, including
Cegid for its business solutions, Inforsistem in Spain, the Belgian Post, Pitney
Bowes Asterion in France and Skype.
“This growth reinforces our positioning
as a pioneer company in on demand document automation solutions and SaaS,” said
Jean-Michel Bérard, CEO of Esker.
“The SaaS model has been at the heart of our strategy for several years
following the success of Salesforce.com, and our goal is to achieve, by 2010,
more than 50% of our sales revenue via our on demand
offerings.”
Designed as on demand document delivery
services, Esker on Demand and FlyDoc allow businesses, entrepreneurs,
institutions and individuals to automate the sending of mail, fax, email and SMS
directly from the desktop or from business applications (office applications,
ERP and CRM systems, etc.) and outsource the infrastructure hosting to Esker.
Documents sent over the Internet are received by Esker production facilities for
processing and delivery. For mail, the processing includes printing, folding,
stamping and delivery to the postal service.
With Esker on Demand and FlyDoc services,
customers only pay for what they use and there is no need to invest in
infrastructure such as fax machines, printers, copiers, metering machines and
folding machines — or the labor, consumables and maintenance to keep that
infrastructure running.
To make its on demand services available
on a worldwide scale, Esker secured two loans totaling 1 million euros from
OSEO, the French company that provides financial
support to enterprises in startup, innovation, development and other life cycle
phases. This financing will assist Esker in
providing a global on demand offering that spans automated processing of
incoming documents such as sales orders and supplier invoices, as well as
outgoing documents such as customer invoices and purchase
orders.
About
Esker
Esker is a recognized leader in helping
organizations 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 organization. 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. Founded in 1985, Esker operates
globally with more than 80,000 customers and millions of licensed users
worldwide. Esker has global headquarters in Lyon, France and U.S. headquarters
in Madison, Wisconsin.
For more information, visit www.esker.com.
For more information, visit www.esker.com.
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Gary E. Smith
SAAS Architect - SAAS in a Connected World
THE SAAS NETWORK
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