PALO ALTO, Calif., July 17, 2013 /PRNewswire/ -- Kapow Software, a leading Big Data solution provider, today announced accelerating sequential quarterly revenue growth for the recent quarter ended June 30, 2013. Total bookings and new subscriptions increased by 10 percent and 11 percent, respectively, over the prior quarter. Kapow's executive management team attributes the recent accelerating sequential quarterly revenue growth to the release of its Kapow 9.2 Enterprise Big Data Integration Platform that makes data more accessible, actionable, agile and affordable so organizations can use it to drive better business outcomes.
88 percent of the business bookings were from newly acquired customers including: Bayer Consumer Care, C.H. Robinson Worldwide, Detica, DR Horton, Kohl's, Spar Nord Bank, and UNC Chapel Hill. The leading market needs that drove business growth for Kapow Software's simple, cost-effective Big Data solutions include Market Intelligence, Ecosystem Automation and Content Integration.
"The rapid rate of adoption of our Big Data Integration Platform by new customers worldwide resoundingly affirms that customers validate our vision and investment we've made in our scalable platform," says John Yapaola, CEO of Kapow Software. "More customers are realizing the real value and business impact of making Big Data insights more accessible, agile and actionable."
The Kapow Enterprise Big Data Integration Platform enables companies to integrate any cloud or on-premise data source using Kapow Software's patented, intelligent integration workflows and Synthetic APIs™. Once the critical data is found and surgically extracted, Kapow Enterprise 9.2 delivers timely information to the workforce in an easily consumable form called Kapow Kapplets™ through an enterprise app library offering called the Kapow KappZone™. KappZones can be easily branded and distributed for employees to discover and use on any computing device they choose.
About Kapow Software
Kapow Software harnesses the power of legacy data and Big Data, making it actionable and accessible across organizations. Hundreds of large global enterprises including Audi, Intel, Fiserv, Deutsche Telekom, and more than a dozen federal agencies rely on our agile Big Data integration platform to make smarter decisions, automate processes, and drive better outcomes faster. They leverage our platform to give business consumers a flexible 360-degree view of information across any internal and external source, providing organizations with a data-driven advantage. For more information, please visit: www.kapowsoftware.com.
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SOURCE Kapow Software