(1888PressRelease)
November 05, 2008 - SAN DIEGO – MindTouch, an open source software company and developers of MindTouch Deki, the most sophisticated wiki-based collaboration platform for enterprise collaboration and mashups, today announces new benchmarks in company growth in revenue, customers and partners as well as improvements in its flagship product, MindTouch Deki.
Despite the sluggish U.S. economy and the recent economic turmoil globally, MindTouch has continued to make significant growth in key corporate performance measures. As companies look for ways to improve productivity in tough economic times, the efficiency and productivity gains offered by MindTouch Deki are increasingly attractive.
"When belts tighten, businesses don't have the option to do less, they need to do more for less. New enterprise software vendors have been trying to streamline and modernize aging approaches to collaborative software for some time now, and products like MindTouch Deki are results of those efforts. For companies looking to keep their collaborative applications up-to-date and cut back on costs at the same time, the crop of new Enterprise software that Deki belongs to is worth investigating," said Michael Coté, industry analyst with analyst firm RedMonk.
Some of the new customers realizing big gains from MindTouch include (partial list):
• Government: United Nations, National Institute of Health, City of Surprise Arizona
• Education: Harvard Kennedy Business School, Michigan State University, Dearborn Michigan School District
• Finance: Cornerstone Research, Mission Ventures, SEI Inc., Temenos
• Health Care: Universal Hospital Services, Baxter Healthcare, Regeneron
• Technology: Bill Me Later, Inc. (recently acquired by eBay, Inc.), Intel, RightScale, Zmanda, Motricity, Novell, Intuit
• Media: Television Ontario, Newseum
MindTouch customers and industry experts cite the immediate gains in productivity and operational efficiency as the cause for the dramatic growth in customer acquisition. In a recent article, Dennis Howlett, author of the ZDNet blog Irregular Enterprise, wrote about MindTouch:
"...For me, the current poster child isn’t MySQL (now owned by Sun) or Salesforce.com but MindTouch. MindTouch is on a roll at the moment ... what really sets MindTouch apart for me is the way they are positioning Deki as a way of providing the lightweight integration fabric many large enterprises can implement and from which they can derive genuine value." — Dennis Howlet, Opportunities in the impending tech fallout
Troy Saxton-Getty, VP of Engineering of Bill Me Later adds, "MindTouch Deki has already delivered at least a 1,000-to-one return on the initial investment through dramatic improvements in the way we publish and view all our content, and in how we’ve increased our visibility across multiple enterprise applications and Web services…and this is just the tip of the iceberg." Read the Bill Me Later case study.
As companies look for ways to improve productivity in tough economic times, the efficiency and productivity gains offered by MindTouch Deki are increasingly attractive, and it's helping fuel MindTouch's impressive growth. Some key corporate benchmarks include:
• 368 percent increase in customers in the last 12 months
• Through October of this year, 612 percent increase in revenue over the previous year
• 132 percent growth in partners, value added resellers and system integrators
• Thousands in daily distribution and millions of users globally
MindTouch Deki has evolved significantly from a wiki into a sophisticated social enterprise platform built on a Web Oriented Architecture for collaboration, application integration, and creating enterprise mashups. MindTouch Deki now includes new enterprise adapters to popular applications and new workflow capabilities, and new product improvements such as:
• New Microsoft Windows installer
• MediaWiki to Deki converter
• Lotus Notes to Deki converter
MindTouch will continue to lead the market by delivering the best feature set, user experience, and an extensible and flexible architecture with MindTouch Deki's Web Oriented Architecture. To download MindTouch Deki, visit http://mindtouch.com/Download/.
About MindTouch
MindTouch is changing the way the businesses share information, consume content, and collaborate. As the world’s most sophisticated collaboration platform, MindTouch Deki connects teams, enterprise systems, Web services and Web 2.0 applications with IT governance – enabling users to easily access, publish and organize data and systems efficiently to achieve their business objectives.
MindTouch Deki is deployed by Fortune 500 companies, major media, research/education institutions, government agencies, and online businesses worldwide. Customers include Microsoft, Fujitsu, Siemens, Bill Me Later, the United Nations, U.S. Army, DoD, and others. For more information: http://mindtouch.com.
Additional Resources: Del.icio.us/MindTouch
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