AJAXWorld News Desk
Kapow Technologies Signs 200th Customer In First Fiscal Quarter as Web 2.0 Technologies Go Mainstream
Company inks deals in 10 countries across Americas and Europe; Powers the adoption of Web 2.0 mashups in enterprises
Nov. 9, 2006 12:15 PM
Kapow
Technologies, an enterprise mashup software company, reported its best sales quarter ever, adding more than 20 new customers and
a total of 30 deals in the period ending September 30th.
"In our first fiscal quarter, the Kapow Enterprise Mashup Platform sold
well among Global 2000 companies such as Bell South, Intel, Tata, AON
International and Kroll, resulting in 70% of total revenue," said Stefan
Andreasen, founder and CEO of Kapow Technologies. "We also broadened our
customer base across new geographies and industries, and saw much stronger
interest from new and established Internet service companies."
Andreasen credits recent sales momentum to outstanding corporate
execution, and two favorable macro industry trends. First is the explosion
of successful Web 2.0 business models that rely on seamless integration of
HTML and the data and logic behind it. Second, there is a sea change in the
integration software market, driven by the opportunity to outfit Global
2000 companies with new technologies that have the ability to reduce
project costs and meanwhile, greatly improve the deployment timeframe. For
example, a portal integration project that used to take a million dollars,
six months and a dozen IT professionals can often be achieved in a few
weeks with 50-75 percent less resources using the Kapow Enterprise Mashup
Platform.
Last quarter, Kapow Technologies continued to derive a significant
percentage of its sales through strategic alliances with leading software
companies including BEA Systems, Oracle, and Attachmate. Each of these
companies continues to leverage Kapow Technologies in customer deals in the
areas of enterprise mashups, content migration, plus portal and data
integration. The company also continued to build out its technology
platform and support the developer communities that leverage Kapow with
other Web 2.0 technologies including AJAX, Ruby, REST, RSS, SOAP and PHP.
About RIA News DeskEver since Google popularized a smarter, more responsive and interactive Web experience by using AJAX (Asynchronous JavaScript + XML) for its Google Maps & Gmail applications, SYS-CON's RIA News Desk has been covering every aspect of Rich Internet Applications and those creating and deploying them. If you have breaking RIA news, please send it to RIA@sys-con.com to share your product and company news coverage with AJAXWorld readers.