| By RIA News Desk | Article Rating: |
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| November 9, 2006 12:15 PM EST | Reads: |
6,686 |
"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.
Published November 9, 2006 Reads 6,686
Copyright © 2006 SYS-CON Media, Inc. — All Rights Reserved.
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Ever 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.
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AJAXWorld News Desk 11/09/06 12:44:44 PM EST | |||
Kapow Technologies, an enterprise mashup software company, has reported its best sales quarter ever, adding more than 20 new customers anda total of 30 deals in the period ending September 30th. |
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