Software license growth of 126% drives record first quarter.
Today we announced a 47% increase in first quarter 2015 revenues and a 75% increase in software revenue from licenses, cloud subscriptions and maintenance compared with the same period the previous year. Here are some of our Q1 highlights and thoughts from our CEO.
New customers signing in the first quarter included an internationally famous multi-national retailer of women’s, men’s and children’s clothing and accessories; the premier specialty retailer of home furnishings and gourmet cookware in the United States; the largest specialty retailer of dancewear in North America and Australia’s leading specialist lighting retailer. These companies - which span North America, EMEA and APAC - selected JustEnough solutions to help solve their most complex retail planning challenges.
“I’m pleased to share our record first quarter results and also report that software sales of our Promotion Management solution launched in late 2013 continue to gain significant momentum,” said Malcolm Buxton, president and CEO, JustEnough. “The Promotion Management solution complements and operates seamlessly within the end-to-end JustEnough Retail Planning suite which includes Merchandise Financial Planning, Assortment Planning, Allocation, Replenishment and Markdown Planning.”
“As retailers strive to win and retain customers in today’s highly competitive retail environment, the need for omni-channel promotion planning and execution capabilities grows. JustEnough is enabling retailers to address this need and helping them increase sales and brand awareness, lower costs, increase planning efficiency and reduce time to market,” Buxton added.
“We are also very excited about the recent launch of our Essentials suite of solutions,” added Buxton. “The first to market is Merchandise Financial Planning Essentials which gives retailers a flexible, accurate and automated financial planning solution that is easy to use and quick to implement. It comes preconfigured with all the key metrics needed to drive a successful end-to-end retail planning process. JustEnough Assortment Planning Essentials will launch in the second half of 2015.”