Oct 10, 2011
Miami, Florida and Boston, Massachusetts – October 10, 2011 – dotCMS, an enterprise-level, open source J2EE/Java-based web content management system, announced record revenue growth in licensing and strong operating results for the first three quarters of 2011. With the dotCMS 1.9 series taking hold in the marketplace as well as solid customer renewals, licensing revenue has already increased to more than 190% from 2010 sales. With one more quarter to complete in 2011, dotCMS is on pace to exceed 200% growth rate.
“With the dotCMS 1.9’s rapid development platform and powerful multi-tenant management capabilities, we are meeting and exceeding the enterprise-level requirements of most organizations,” said William Ezell, Chief Technology Officer of dotCMS. “We have enjoyed the role of disrupting the CMS marketplace this year as we find ourselves on equal footing with most of the traditional Java-based web content management systems out there. I believe we have surprised a lot of people.“
Since introducing the dotCMS 1.9 series in the summer of 2010, the open source software company has experienced an influx of product downloads and free trial evaluation inquiries that resulted in an accelerated growth of new customer license acquisitions. Furthermore, dotCMS maintained a 98% retention rate in 2011 of existing customer license renewals.
Selected highlights 1.9 customers in major IT markets Include:
dotCMS is a leading, open source content and customer experience management platform for companies that want innovation and performance driving their websites and other content-driven applications. Extensible and massively scalable, both small and large organizations can rapidly deliver personalized and engaging content across browsers, mobile devices, channels, second screens and endpoints -- all from a single system.
Founded in 2003, dotCMS is a privately owned US company with offices in Miami, Florida; Boston, Massachusetts and San Jose, Costa Rica. With a global network of certified development partners and an active open source community, dotCMS has generated more than a half-million downloads and thousands of implementations and integration projects worldwide. Notable dotCMS customers include: Telus, Standard & Poors, Hospital Corporation of America, Royal Bank of Canada, DirecTV, Thomson Reuters, China Mobile, Aon, and DriveTest Ontario.