Kapow Software Surpasses 500th Enterprise Customer in Q4 2010; Grows New Subscriptions by 54 Percent Company Sees Surge in Demand for its Application Integration and Mobile Solutions among Large Companies across All Industries
PALO ALTO, Calif., Feb. 16, 2011 /PRNewswire/ -- Kapow Software, a leader in real-time data integration and delivery solutions for any application on any device, today announced several milestones accomplished in 2010. These achievements include a 54 percent increase in new subscriptions and a 34 percent increase in total bookings when compared to the previous year. Kapow Software saw strong growth both domestically as well as internationally in the fourth quarter, with key wins including NTT, Audi, Telekom Malaysia, Commerzbank, Nikkei Digital Media and Mitsui Sumitomo MetLife Insurance. This brings the total number of enterprise customers using the Kapow Katalyst™ platform for rapid data integration and delivery to more than 500.
"Kapow Software's momentum is consistent with the significant growth of cloud and mobile computing," said John Yapaola, CEO at Kapow Software. "Companies need better, more scalable solutions to both manage the integration challenges presented by the cloud and to rapidly deliver web content, services and applications to mobile devices. Our growth and success with major corporations around the globe is a strong indication that our innovative approach clearly resonates with the new thinking in enterprise IT that embraces more efficient methodologies to integrate mission-critical applications and data. Our technology allows organizations to tackle these problems much faster and for much less money than all other approaches. At the same time, we continue to see a steady demand for our web data collection, content migration, process automation and business intelligence solutions."
Product Momentum and Innovation
During 2010, Kapow Software significantly advanced its flagship data integration platform with the launch of Kapow Katalyst Platform 8.0. At the heart of the Katalyst platform is the patented Kapow Extraction Browser™, the first and only browser-based data integration engine designed to support data extraction from enterprise, web and cloud applications without the need for existing application programming interfaces (APIs). The Kapow Katalyst Platform allows users to complete their strategic business intelligence, cloud integration, content migration and mobile enablement projects up to 90 percent faster and for 80 percent less money by eliminating the need for manual coding around APIs.
According to Dana Gardner, principal analyst at Interarbor Solutions, "Cost, complexity, resistance to custom code, and avoidance of massive integration projects are all driving the need for efficient data integration using open web, mobile web and data standards. That's a big reason why the number of web, cloud, and mobile applications delivered without the hassle of custom APIs are growing daily. Kapow is well positioned to help enterprises attain swift and lower-cost data integration -- and to also extend the benefits of that data and associated intelligence out to the web and mobile user."
A summary of 2010 highlights include:
- 500th enterprise customer win
- Increased new bookings for 2010 by 34 percent
- Increased new subscriptions for 2010 by 54 percent
- Increased average deal size in 2010 by 49 percent
- Increased renewals in 2010 by 257 percent
About Kapow Software
Kapow Software is the leader in browser-based data integration for rapid delivery of data to any application and any device. The Kapow Katalyst™ Platform, with its purpose-built extraction browser, automatically extracts, transforms, integrates and migrates data from virtually any source on the web, in the cloud or across the enterprise, to virtually anywhere, including mobile devices, without requiring APIs. With Kapow Software, customers can deliver data projects as much as 90 percent faster and 80 percent cheaper than traditional methods, with 100 percent data accuracy. More than 500 customers, including AT&T, Audi, Intel, Morgan Stanley, Vodafone and dozens of federal agencies rely on Kapow Software for data syndication, mobile-enablement, cloud and web application integration, content migration, business intelligence, terrorism tracking, comparison pricing – and much more. Explore how we can help you at www.kapowsoftware.com or call 1-800-805-0828.
Bateman Group for Kapow Software
(415) 503-1818 x16
SOURCE Kapow Software