MONTRÉAL, CANADA AND GENEVA, SWITZERLAND - (September 5, 2012) - As it celebrates its historic 15 year anniversary this September, Genius Inside continues to deliver double-digit income growth and continues to broaden its SaaS, On-Premise and IBM customer footprint as it passes the halfway mark of 2012. In a software market that has been plagued by mergers and acquisitions over the last 10 years, managed by its original founding members, Genius Inside continues to make its mark delivering best-in-class PPM and project management software resulting with an impressive list of loyal customers dating back to its early years.
In 2012, Genius Inside has continued its momentum of growth earnings for its Genius Project PPM (project portfolio management) software and has especially experienced significant growth in its SaaS earnings. The company's 2012 Q1-Q2 global new customer base grew 40 percent from 2011, while global SaaS earnings grew by 57 percent. Genius Inside's increased investment in R&D and marketing in its SaaS solution has positively impacted North American Q1-Q2 SaaS sales, which have surged by 22 percent.
"Effective collaboration is key to any successful project. In our new economy, leveraging best-in-class enterprise tools can mean the difference between success and failure. With the recent launching of Genius Project Version 7 and its social collaboration capabilities delivered through the Genius Live! platform we have experienced extremely positive customer feedback and have seen an increased uptick in new customer acquisitions in Q1 and Q2 of this year," said Christophe Borlat, managing director, sales and marketing at Genius Inside. "Companies recognize that there is little room for error in their business activities. They have to find better ways to identify and communicate issues among their key stakeholders, and our PPM solutions are helping them with this reality."
Genius Inside will also be participating at the PMI Global Congress 2012 in Vancouver to be held this October. This year's Congress will offer up many educational sessions and networking opportunities where peers can discuss common issues, innovative solutions and best practices, as well as learn about the latest trends, tools and techniques from project management experts around the globe.
About Genius Inside
Established in 1997, Genius Inside develops project management software that improves project selection, planning, staffing, execution and tracking. More than 60,000 users at 650 customers across the globe use Genius Inside's proven Web- and IBM Lotus Notes-based solutions. They are supported by European and North American offices and a global reseller network.
On the Web: www.geniusinside.com
PM box Project Management Blog: pmbox.geniusinside.com