CINCINNATI, OH -- (Marketwired) -- 07/11/13 -- Datalliance today announced key growth metrics for the first half of 2013. The company realized a 25+% increase in revenue over the first half of 2013, positioning the company for its ninth consecutive year of 20% annual growth. Increased revenue came from expanded and new customer subscriptions for the Datalliance Vendor Managed Inventory (VMI) platform and associated services. New customers were added and existing customer programs were substantially expanded in consumer goods, electrical, telecommunications, power transmission, and medical device markets.
As the world's largest independent Vendor Managed Inventory platform and service provider, Datalliance VMI saw increases in all key volume statistics and now manages over 15,000 locations, 19M+ SKU's, and $18B+ in customer annualized sales. The annualized sales volume represents a 22% increase just since the end of 2012.
Datalliance also continued to develop new VMI innovations through delivery of two new releases of its Software-as-a-Service (SaaS) VMI platform in the January - June time frame.
In addition, Datalliance continued to build the foundation for expansion into Europe with the addition of a senior-level key account manager in the company's European Headquarters located in Brussels, Belgium. Datalliance is already being used by manufacturers to provide VMI services for both industrial and consumer products in 49 locations and 15 countries within Europe. Overall, Datalliance is being used by manufacturers to manage thousands of inventory locations in 41 countries world-wide, including hundreds of locations in South America, Asia, and Australia in addition to North America and Europe.
"We were pleased to see growth in both North America and Europe in the first half of 2013," said Carl Hall, Datalliance CEO and President. "Many of our customers are expanding their programs to include new trading partners and some are expanding on a global level. Several of our new customers are transitioning their VMI programs from legacy systems to our Datalliance VMI platform, while others are launching VMI programs for the first time. In some cases, we are working with companies that are pioneering the use of VMI within their industry."
Datalliance is a leading provider of collaborative commerce services, and the world's largest independent VMI service provider. Delivered via the Internet using the 'Software as a Service' (SaaS) model, Datalliance solutions make it easy for suppliers and their customers to establish sales and inventory management relationships that fully align business objectives, improve collaboration, and streamline supply chain operations. Datalliance manages billions of dollars in orders, millions of SKUs, and thousands of locations for leading Fortune 1000 companies in a number of industries. For more information about Datalliance, visit www.datalliance.com.
Most Popular Stories
- Criminal Investigation Opened Into James Foley's Death
- The Hip New Career? Farming
- McDonald's Names Another U.S. President
- Student Startup Develops Date-rape Detector
- Sahara Casino Rises Anew as SLS Las Vegas
- Chinese Coal Gas Boom Poses Climate Risks
- U.S. Supporters of Islamic State Get Close Scrutiny
- Job Market Shifts Complicate Yellen's Rate Decision
- Dems Losing Fear of Obamacare
- Is Diversity in the Eye of the Beholder?