Arena Solutions announce 38% leap in revenues
Arena Solutions, a leading provider of on-demand product lifecycle management (PLM) software, today announced a 38 percent quarter-over-quarter gain and 103% year-over-year gain in revenues for its second quarter.
The company has taken advantage of the economic downturn that has seen manufacturers turn to PLM to accelerate product development, reduce time to market and increase profitability.
“As a contract manufacturer we get bills of materials (BOMs) in every conceivable form. Arena PLM gives us a central repository, a common format, and revision control that is nearly impossible to maintain otherwise,” said Rod Mullins, process engineering manager at Idaho-based Western Electronics. “The ability to lock all data once a product is released to production is key, and the automated routing of BOM changes reduces the time to implement a change and minimizes the potential of a misbuild. This enhanced control and improved communication are especially important during periods of economic slowdown when our customers are even more concerned with avoiding waste, redundancy, and costly errors.”
Full story available on the Arena Solutions website.
