Abydos Reports Record Growth for 2007-2008 Financial Year
1-Aug-2008
Accounts for financial year ending March 2008 reveal record growth for Abydos:
- Total revenue up 42%
- Net profit up 135%
- Licence revenue up 93%
"This represents an exceptional year for Abydos and reflects the demand for good quality products that help organisations to reduce their IT costs by generating efficiencies through process automation", comments managing director, Mark Herring.
"Companies can no longer afford to take the traditional long-term development approach to projects; they want out-of-the-box solutions with the flexibility to support their own business processes without having to re-engineer the applications."
"These figures indicate that the agile approach to process lifecycle management offered by Abydos products is proving to be increasingly important to organisations as they strive for efficiencies in their IT operations."
Abydos now has over 80 customers and over 200 product installations across Europe, US, South Africa, South America and Australia.
For more information contact Abydos on +44-1582-400127 or email info@abydos-workflow.com