Kapow Software Reports Quarterly Revenue and New Subscriptions on the Rise
Company's business accelerates as more customers subscribe to the Kapow Enterprise Big Data Integration Platform to mine insights, drive decisions and create smarter organizations
PALO ALTO, Calif., April 30, 2013 /PRNewswire/ -- Kapow Software, a leading Big Data solution provider, today announced its quarter-over-quarter revenue growth has increased by 15 percent during its most recent quarter, ending March 31, 2013. The company experienced continued penetration in the fast-growing market for Big Data solutions because customers need fast and cost-effective methods to access and distribute timely information from disparate data sources to drive decisions and power a more intelligent workforce.
New customer subscriptions rose by 18 percent during the period compared to its previous quarter. Marquee customers signed on during the quarter include AssuraMed, 4C Group Limited, Swift Transportation Company, Razorfish UK, Transplace and TravelClick, Inc. The three customer applications that drove the most business growth during the quarter were a rising need to enable market intelligence such as competitor and brand monitoring, synchronize content across multiple applications, and rapidly integrate and distribute data across partner, customer and supply chain ecosystems.
"New prospects as well as our existing customers are hungry for actionable data to make more informed business decisions," says John Yapaola, CEO of Kapow Software. "They need these critical insights delivered to the right employees in a consumable way and very quickly to make a business impact. Agile Big Data integration is a new strategic imperative to keep organizations of all kinds nimble and flexible. Kapow is unmatched for its ability to access or connect any data source across the Web to accelerate the information supply chain."
The Kapow Enterprise Big Data Integration Platform enables companies to integrate any cloud or on-premise data source using Kapow Software's patented, intelligent software robots 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 Kapplets™ through an enterprise app library offering called the Kapow KappZone™, based on roles within the organization. KappZones can be easily branded and distributed for employees to discover and use on any computing device they choose.
About Kapow Software
Kapow Software is a leading innovator in the market for Big Data solutions with its intuitive Big Data integration platform that harnesses the power of legacy, cloud, social and Big Data without the need for coding skills, consultants or traditional APIs. Kapow Software helps modernize the workplace, increase agility and improve business results. It's trusted by hundreds of large global enterprises, including Audi, Intel, Fiserv, Deutsche Telekom and more than a dozen federal agencies. For more information, please visit: www.kapowsoftware.com.
SOURCE Kapow Software
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article