News Feed Item

Apttus Delivers 100 Percent GAAP Revenue Growth for the Second Consecutive Year

Growth in 2013 Fueled by Wide Adoption of Company's Quote-to-Cash Automation Solutions on the Salesforce Platform

SAN MATEO, CA -- (Marketwired) -- 01/27/14 -- Apttus, the category-defining Quote-to-Cash solution provider, today announced 100 percent GAAP revenue growth for the second consecutive year. Company growth is driven by wide adoption of Apttus' Quote-to-Cash automation solutions including Configure Price Quote (CPQ), Contract Management and Revenue Management.

"It is truly an outstanding achievement for a SaaS-based business such as Apttus to repeatedly deliver 100 percent revenue growth. I am extremely proud of the team at Apttus. Our commitment to customers to provide solutions with enterprise class capability, delivered rapidly and for the best value possible, has been fundamental to our success," said Kirk Krappe, CEO of Apttus. "With exciting advancements in Apttus' Quote-to-Cash solutions coming soon, I'm confident we are poised for another tremendous year in 2014."

View Apttus CEO Kirk Krappe's interview on the future of Quote-to-Cash here:

FY2013 Success Highlights

  • 62 new enterprise customers drive Apttus' 100 percent GAAP revenue growth for second consecutive year.

  • Completion of a Series A funding round of $37 million from growth equity firms K1 Capital, ICONIQ Capital and salesforce.com.

  • 120 percent increase in headcount from 2012.

  • FYQ4 new customer highlights include addition of several global customers across a broad range of industries including a worldwide retail brand, leading Europe-based logistics and transport company and a global high-tech manufacturer.

  • Apttus EMEA office expands support for European customers with increase in UK -based professional services team.

  • Completion of global deployments for several customers including NXP Semiconductor, HP, IMS Health Inc., BMC Software and Ceridian HMC.

  • Apttus selected to participate in Salesforce1 AppExchange Accelerate program to fuel the next wave of enterprise ISVs delivering social, mobile and connected cloud apps on the Salesforce1 Customer Platform.

  • Apttus' customer and industry conference, Accelerate 2013, successfully engaged more than 600 professionals in sales, legal, finance and operations in a sold out industry event dedicated to customer success and product innovation in Quote-to-Cash solutions.

  • Platinum sponsorship of Salesforce Dreamforce'13 with four booths, presenters in more than ten sessions, an Apttus dedicated customer lounge and joint sponsorship with Apttus partners of multiple conference events.

  • Apttus expands leadership team with addition of world-class executives and industry experts in global customer excellence, professional services, finance and marketing.

  • Apttus wins total of seven industry awards in 2013 including the Best in Biz Award for Enterprise Product of the Year.

Tweet This: @Apttus delivers 100% GAAP revenue growth for second consecutive year and sees wide adoption of its Quote-to-Cash solutions. http://bit.ly/KXJEoi

Additional Resources

About Quote-to-Cash

Apttus solutions represent a paradigm shift in automating the complete Quote-to-Cash process including configure price quote, contract management, and revenue management. Typical solutions are siloed and require extensive integration between multiple systems. Apttus' Quote-to-Cash applications are delivered as a service on the most trusted and comprehensive cloud platform and significantly impact revenue maximization through optimizing deals, improving enterprise collaboration and streamlining sales automation processes. Additionally Apttus' patent pending technologies increase user adoption and usability.

About Apttus

Apttus delivers Quote-to-Cash, category-defining software that drives the vital business process between the buyer's interest in a purchase and the realization of revenue. Apttus is delivered on the Salesforce Platform, the world's most trusted and comprehensive cloud delivery infrastructure. Applications include Configure-Price-Quote (CPQ), Proposal Management, Renewals, Contract Management and Revenue Management. Additionally, Apttus' patent pending X-Author technology enables Microsoft Office to be a user-interface with full interaction and control between Salesforce and Microsoft Office. Apttus is based in San Mateo, California, with additional offices in London, UK and Ahmedabad, India. For more information visit: apttus.com.

Trademark footnote: All corporate names and trademarks are the property of their respective companies.

This news release contains forward-looking statements that reflect the Company's expectations with regard to future events. Actual events could differ significantly from those anticipated in this document.

Media Contact:
Tracey Workman
LEWIS PR for Apttus
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
@DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises - and delivering real results.
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
"We started a Master of Science in business analytics - that's the hot topic. We serve the business community around San Francisco so we educate the working professionals and this is where they all want to be," explained Judy Lee, Associate Professor and Department Chair at Golden Gate University, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.