Aras Momentum Accelerates Driving 226% Sales Growth in First Half 2010
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Aras Momentum Accelerates Driving 226% Sales Growth in First Half 2010

Enterprise Open Source PLM Leader Becomes the Fastest Growing PLM Company Worldwide 

ANDOVER, Mass. and Solothurn, Switzerland – August 4, 2010 Aras®, the leading enterprise open source Product Lifecycle Management (PLM) software solution provider, today announced a 226% increase in sales in the first half of 2010 along with further acceleration in momentum.  Aras’s strong performance is driven by the continued growth in worldwide adoption of the Aras Innovator suite, and demonstrates mainstream acceptance of the Aras enterprise open source model and advanced PLM technology by Fortune 500 / Forbes Global 2000 companies. 

“Gartner is seeing increased interest and adoption from manufacturers and PLM service providers,” indicated Marc Halpern, Research VP for PLM at Gartner in the recent Cool Vendors in Product Design and Life Cycle Management 2010 report. “The annual subscription fees for support and upgrades are approximately 40% of what they would pay the major PLM vendors for annual maintenance, and they had no expense for PLM licenses.”

“The enterprise open source approach and elimination of PLM license fees initially got our attention, however, what really drove our selection of Aras was the comprehensive PLM functionality and advanced technology,” said Chief Information Officer Tony DeGregorio of Textron Systems Corporation.

Aras Milestone & Momentum Highlights:

“Our growth represents a fundamental shift in the way global companies are approaching their enterprise PLM strategy,” said Peter Schroer, President of Aras. “Businesses want to control their own destiny and avoid the type of lock-in that can create interoperability problems and runaway PLM license cost increases. Aras represents the format of the future in the PLM market by providing companies with complete control of their PLM platform and a predictable, fixed-cost structure.”

Aras is the only PLM solution based on an enterprise open source business model and powered by advanced model-based SOA technology. Aras’s innovative architectural approach and comprehensive out-of-the-box functionality ensure that companies can deploy quickly and iteratively adapt their PLM environment in a fraction of the time required by conventional enterprise PLM / PDM systems. Aras delivers highly scalable, flexible and secure PLM software solutions across a full spectrum of product development, supply chain, sales, quality and manufacturing applications, with no PLM license fees.

Aras is Freely Available for Download at http://www.aras.com/ 

About Aras

Aras is the leading provider of enterprise open source Product Lifecycle Management (PLM) software solutions. Freedom from licensing eliminates up-front expenses and per user costs while superior technology makes Aras the most advanced enterprise PLM solution suite available. Customers include Motorola, Rolls-Royce, Freudenberg, Lockheed Martin, Ingersoll Rand, Klockner Desma, Hi-P and ACCO Brands. Aras is privately held with global headquarters in Andover, Mass. For additional information visit www.aras.com

Product and service names mentioned herein are the trademarks of their respective owners. 

Aras Press Contacts:

Aras

Marc Lind

[978] 691-8923

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Winkowski Public Relations

Beth Winkowski

[978] 649-7189

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