Jedox Shines with Excellent Financial Results
FREIBURG, Germany, February 4, 2013 /PRNewswire/ –
Posting preliminary 2012 year-end results of eight million euros (2011: 5.7 million
euros), Jedox AG has surpassed its own expectations-and those of its shareholders as well.
Not to mention, despite continuing major R&D investments, the software specialist for BI
and performance management solutions, based in Freiburg, Germany, is posting a profit.
“These outstanding results confirm that our dual strategy of free and fee-based
premium business intelligence software is on track. And in 2013 we will continue to plug
away to keep this success story going,” commented Jedox CEO and founder Kristian Raue.
In detail, Jedox revenues grew an average of 44.9% annually in the past triennium. The
ratio between software license revenue and consulting revenue is 60:40. In 2012, 118 new
customers chose Jedox solutions. The ratio between direct sales and business partner
revenue is 58 to 42 percent (in 2011, it was 70:30), moving Jedox closer to their mid-term
goal of achieving sales parity between the two sales channels. 57 percent of Jedox AG
sales were achieved in the German home market, while 43 percent were recorded
Jedox was able to grow beyond Germany’s borders, too, acquiring 33 new partners in
2012-even beyond the German speaking countries of Europe-namely in Latin America, North
America, Asia, Benelux, and Scandinavia. Explained Jedox Sales Chairman Bernd
Eisenblatter, “In this new year a major goal of ours is to keep on pushing international
business. We want to connect more and more business partners to our company. After all,
it’s largely thanks to our partners that Jedox software is now deployed in more than 100
countries around the world.”
Contact Jedox AG: Dr. Joachim Eicher Presse@Jedox.com Tel. +49-761-15147-0
SOURCE Jedox AG