- Closes largest fiscal quarter in company history, marking tenth consecutive quarter of growth for the leading integration vendor
- Introduces new CEO, Jitterbit 4.0 and new customer wins across industries
- Continues focus on ecosystems: Salesforce, Microsoft Dynamics, Oracle and NetSuite
OAKLAND, Calif. – Aug. 10, 2011 – Jitterbit, the leading provider of powerful, flexible and easy-to-use application and data integration solutions, today announced the company’s most successful quarter with record Q2 2011 financial results. Led by new product innovations and increased demand for cloud and on-premise integration, Jitterbit boosted revenues for the cash-flow positive company’s tenth consecutive growth quarter.
Jitterbit has played a pivotal role in advancing the application integration market by simplifying on-premise and cloud integration challenges. As business trends including Cloud Computing and Big Data create new IT challenges, Jitterbit delivers a proven no-coding approach to integration. Customer projects and solutions driving growth in Q2 included Salesforce, Microsoft Dynamics, Oracle and Netsuite integrations.
“The rapid adoption of cloud and SaaS applications is driving the demand for integration because businesses are looking to unlock the true value of their technology investments,” said George Gallegos, CEO at Jitterbit. “Our success is driven by offering affordable, easy to implement integration solutions that help our customers leverage their on-premise and cloud data to positively impact their bottom line.”
Record Quarter includes Corporate, Customer and Product Milestones
Highlights for the second quarter of 2011 included:
- The second quarter marked the largest number of new customer wins ever recorded with companies such as Bayer, Reed Construction, and DB Schenker.
- Jitterbit’s near 100-percent customer subscription renewal rate continued.
- Shipped Jitterbit 4.0, with enhancements designed to provide IT and business collaboration, simplify cloud integration and accommodate Big Data requirements.
- Marked the one-year anniversary of the IBM Cast Iron acquisition by extending the successful “Cast out the Iron” upgrade program, which drove a record number of upgrades from Cast Iron Systems to Jitterbit.
- Appointed George Gallegos, a former Cast Iron executive, as CEO.
- Expanded the service operation to meet increased demand for turnkey projects, enhanced its focus on strategic channels and extended its demand generation operations.