Arena Solutions Honored with Start Magazine’s Hottest Company Award
Company’s Rapidly Expanding Customer Base and On-Demand PLM Service Model Key In Receipt of Second Straight Annual Honor
Foster City, Calif., July 19, 2004 — Arena Solutions, Inc., the leading provider of on-demand Product Lifecycle Management (PLM), today announced it was honored with the prestigious Hottest Companies of 2004 award from Start Magazine. Arena, the fastest growing PLM provider with its on-demand software-as-a-service model, was honored by Start for the second consecutive year based on the company’s growing base of satisfied customers.
Start Magazine, the voice of the manufacturing executive, conducts its annual ‘Hottest Companies’ award to recognize the top technology providers that have developed innovative applications for the manufacturing industry.
“Arena continues to achieve growth among product manufacturers that are taking advantage of the on-demand PLM solution to drive cost savings and process efficiencies,” said John Buell, Editor-in-Chief of Start Magazine. “We congratulate Arena for being named one of Start’s Hottest Companies of the year.”
With over 150 customers and 300 percent annualized revenue growth, Arena is outpacing more established PLM providers by offering an attractive alternative to cumbersome and costly client-server solutions. The Start Magazine honor is Arena’s third industry award since last year.
The frustrations of product manufacturers with the old client/server software model are really coming to light as they seek an alternative via on-demand software. By using Arena PLM, customers achieve competitive advantages through effective outsourcing, dramatically reduced errors and overruns in the manufacturing process, and the ultimate delivery of their products to market faster.
“We are thrilled to receive Start’s recognition of our continued success and momentum,” said Michael Topolovac, CEO of Arena Solutions. “As a widely referenced and respected publication, Start is a leading influence in the manufacturing industry, and we’re honored to be among the elite companies in the category that the magazine identifies.”
About Start Magazine
Start, the voice of the manufacturing executive, provides executives with a balance between the technology issues and the greater business management issues facing executives today. Start offers the most sound technology advice coupled with solid coverage of the financial, political, and management news and events shaping manufacturing. Rather than simply pitching the latest concepts in technology, Start focuses on the business issues impacting the manufacturer's bottom line. That is exactly why Start has become, and will remain, the first word on manufacturing innovation, driven by technology. For more information, please visit www.startmag.com
About Arena Solutions
For over a decade, Arena has been redefining PLM with a suite of cloud applications that enable engineering, manufacturing and their extended supply chains to work better together—from first prototype to full-scale production. Arena helps innovative manufacturers bring better products to market faster with cloud PLM offerings that speed prototyping, reduce scrap and help manufacturers collaborate on product changes with strategic partners across the globe.
Arena cloud PLM products simplify bill of materials (BOM) and change management, and offer manufacturers the right balance of flexibility and control—at every point in the product lifecycle. PartsList and PDXViewer are lightweight single-user applications that allow manufacturers to move quickly and efficiently while designing, documenting and sharing a prototype. When scaling to production and beyond, the Arena core application provides full PLM functionality so manufacturers can control revisions, manage the engineering change process and selectively share accurate, up-to-date BOMs with partners, suppliers and contract manufacturers.
Founded in February 2000, Arena Solutions is headquartered in Foster City, California.
To learn more about Arena Solutions:
- Visit the Arena Solutions website.
- Read the Arena blog on product design, development and manufacturing.
- Follow @arenasolutions on Twitter.
- Follow Arena on LinkedIn.