Knoa Software Announces Record 300 Percent Growth in 2011
Company Reaches a Record Increase in Customer Implementations; Drives Global Expansion - http://bit.ly/HVFO5F
NEW YORK, April 10, 2012 - Knoa® Software, the leading provider of end-user experience and performance management software, today announced it has experienced record momentum in quarter over quarter growth and in one of the most important areas of business success – customer implementations reaching production status.
In Q4 2011 Knoa experienced a 300 percent increase in customer implementations versus those that reached production status in Q4 2010.
This increase included major Global 5000 customers in a variety of industries including:
-- one of the top five mining companies in the world;
-- one of the top five aerospace and defense contractors;
-- two of the ten largest pharmaceutical manufacturers in the world;
-- one of the top three companies in food consumer products;
-- one of the top three do-it-yourself home improvement companies;
-- one of the top ten oil companies and
-- several of the top industrial manufacturers of construction and building supplies.
"We are at a point where Knoa has evolved its leadership status in the industry, becoming the de facto standard for end-user experience and performance management," said Thad Eidman, CEO of Knoa Software. "We work with some of the largest brands in the world; we have an award-winning product platform and an alliance in which we are one of a select few whose products are resold by SAP®. That said, we anticipate building on these successes and creating even greater momentum in the months to come. For example, we have just signed a contract to implement our solution for Siebel CRM in one of the top five financial institutions in the world and look forward to sharing those details in the months to come."
Knoa's success with the Fortune 100 and Global 5000 has fueled global expansion with the opening of new offices in Latin America, Europe and Asia Pacific. The company appointed Tobin Alexander as managing director for the Asia Pacific region to help address growing demand in that market.
"At a time when every IT purchase is being closely scrutinized by business decision-makers, Knoa offers a solution that generates immediate ROI by monitoring application usage from the end-user perspective," continues Eidman.
"Knoa customers and partners worldwide continue to be impressed with the value our technology creates and by combining our proven technology with the strong leadership we have in place, we expect even greater levels of adoption through 2012 and beyond."
About Knoa Software
Knoa® Software delivers on-premise and cloud-based solutions that monitor, measure and manage how end-users are utilizing enterprise applications to optimize end-user experience, enhance user performance, and deliver return on investment. Uniquely, Knoa automation providescomplete and deep insight into all activities, by user, for each application monitored. 20 percent of the Fortune 50 and hundreds of Global 5000 companies have already licensed Knoa software to power their user experience and optimize their performance.
For more information visit www.knoa.com . You can also follow us on Twitter: @knoasoftware. You can also view our 2 Minute Overview on YouTube: http://www.youtube.com/watch?v=o6J-0-X4dTA .
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