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xTuple ERP sales spike 74% for 3rd quarter 2012 with new customer surge

Thursday, November 8, 2012


Global open source accounting, ERP and CRM software innovator posts another quarter of record revenues

Fueled by a surge of new customers in manufacturing and distribution, commercial open source software vendor xTuple reported its second consecutive record quarter of sales for 2012 — and pushed ahead with its groundbreaking new Mobile Web application strategy.

Revenue was up 74% over the third quarter last year — and sales in the first three quarters of 2012 were up 59% overall from the same time period in 2011.

The company, which develops customizable business management software for growing companies from startups to Global 1000, added U.S.-heartland manufacturing customers, such as Kansas-based XLT Ovens, Texas-based Cornerstone Automation Systems and North Dakota-based Dakota Prairie Organic Flours, as well as distribution customers including multi-national brands Alliance Games (a division of Diamond Comics) and Richmond Wholesale, serving the food needs of the Pacific Rim and U.S. military.

Ryan Greve of Cornerstone Automation Systems said, “We were drawn to xTuple based on the fact that it's open source. What set xTuple apart from other systems is its modularity. You have options, so you don't have to get a million dollar system. Yet, it's uniquely setup so that, when you're ready, migration is very simple. That was a key factor for us. The usability of it for an operator — it handles a complex business as simply as possible without short-cutting it."

xTuple also entered final public beta testing of its next generation Mobile Web CRM (corporate/customer relationship management) solution, which runs on any tablet, smartphone or desktop web browser. The Mobile Web app will be completely interoperable with the existing xTuple Desktop software and available beginning with version 4.0 of xTuple ERP, due out in December.

Mobile Web beta tester Scott Zuke of Core Service Group said, “Amazingly fast! The first time I used the new interface I had to verify that data was actually being updated. It was so fast that I had missed the screen refresh. The ability to use this on my phone and tablet provides a new level of flexibility. We were about to develop a custom application that would support both iOS and Android, but now we don't have to develop either one. I can focus my resources elsewhere. The Mobile Web app is a game changing development."

The company continues to hire aggressively in engineering, sales, support and professional services. John Rogelstad, who has led several major phases of product development — including the Mobile Web app effort — since joining the company in 2007, was promoted to vice president of software development.

"I'm tremendously proud of the team we continue to build at xTuple," said CEO Ned Lilly. "Our customers and partners continue to give us very high marks for product quality and support, and we are driving innovation that companies many times our size have not been able to achieve."

In xTuple Partner news, the number of technology experts who work in the field as deployable consultants continues to grow exponentially, especially in the Americas and the Pacific Rim. The annual xTuple Partner Conference will be held in early December at the company’s East Coast U.S. headquarters. More information on the xTuple Partner Program may be found at xTuple's Partner Program.


#ERP news: @xTuple #opensource spikes with 74% Q3 revenue growth in 2012 | http://www.xuple.com/press/xTupleQ3-2012

#ERP news: @xTuple mobile web app “amazingly fast” | http://www.xtuple.com/press/xTupleQ3-2012


About xTuple, the world’s #1 open source ERP

Award-winning xTuple, makers of the world’s leading suite of open source accounting, Corporate Relationship Management (CRM) and Enterprise Resource Planning (ERP), is supply chain management software for growing businesses to control their operations and profitability. xTuple integrates all critical functional areas in one modular system: sales, financials and operations — including customer and supplier management, inventory control, manufacturing and distribution — the powerful tools to Grow Your World®.

As a commercial open source company, xTuple works with a global community of tens of thousands of professional users. xTuple gives customers the ability to tailor solutions with multi-platform support for Windows, Mac, Linux and mobile as well as flexible licensing and pricing options. Connect with the company at www.xTuple.com, and join the innovation conversation with the open source community at www.xTuple.org.