Cloud solutions now account for 60% of Esker’s sales
Esker, one of the world’s leading solutions now providers of document process automation solutions, today announc its financial results for the second quarter of 2013, in which revenue increas by 4% , at current exchange rates, compar to the same period last year.
These results are driven by the continu demand for automation solutions in Software as a Service (SaaS) mode. As regards Cloud platforms , sales have grown by 16% compar to the second quarter of 2012, and now represent 60% of the company’s business. The difficult economic situation often forces companies to improve their flexibility and to adjust the resources of their IT systems. Cloud solutions respond to this challenge, rucing initial investment and operating costs, as well as ensuring software updates. This is why organizations around the world and of all sizes are opting for this type of solution, to the detriment of traditional licens software models.
Despite a slight depreciation of the dollar in this period
Strong sales in the first half of 2013, combin french email list 13 million contact leads with tight cost control, will enable Esker to achieve an operating profit equivalent to that of the same period in 2012. Furthermore, the company’s cash on hand at 30 June stood at 12.6 million euros, compar with 10.9 million at the same time last year. This gives Esker the financial independence to invest in development, while maintaining its dividend policy and its share buyback programme.
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On the other hand, factors such as recurring revenue (75%) deriv from the SaaS model, the entry into production of contracts sign in the first half of 2013 and the continu growth of Cloud solutions , place Esker in a position to continue growing in the second half of 2013 at a similar pace as it did in the second half of 2012.
About Esker
Esker is one of the world’s leading manufacturers is the facebook logo design plagiarism? of document process automation and dematerialization solutions for document management.
Aim at all company profiles, their cloud aob directory computing solutions enable companies to automate and dematerialise the receipt, management and sending of their documents: supplier invoices, customer orders, complaint letters, payroll receipts, commercial and marketing emails, etc.