These strong results were driven primarily by closing larger enterprise deals, an accomplishment driven in large part by the release of Arena Analytics in September, which was the latest new module in a series of enterprise-focused releases that include Scribe, Quality, Demand, Projects, API and Exchange.
Next month, Arena will continue to accelerate product innovation with the Winter 2016 release of Arena PLM. “For 2016, Arena will continue to invest in new products, key enhancements, performance and scalability,” said Steve Chalgren EVP Product Management. “This upcoming release will have significant improvements around search, access security, and a new capability around supplier quality management processes. Future releases will include additional key enhancements and new products that connect more of our customer’s R&D and Operations people to the product delivery process.”
Additional highlights from Q4 2015 include:
According to Stan Przybylinski, vice president of research at CIMdata, the leading independent global research firm focused exclusively on the PLM market, “Based on our early estimates, Arena is a clear market share leader in the cloud PLM market. Arena blazed the trail in this market segment, and it has positioned them well to take advantage of growing interest in cloud-based PLM.”
New customers in Q4 2015 include:
For more information on Arena Solutions, please visit https://www.arenasolutions.com/.
About Arena Solutions
Pioneer of cloud-based PLM, Arena’s suite of PLM and supply chain solutions enable engineering, manufacturing and their extended supply chains to speed prototyping, reduce scrap, streamline their supply chain, improve margins, and collapse time to market. Based in Foster City, Calif., Arena’s PLM applications simplify bill of materials (BOM) and change management for organizations of all sizes.The company has been ranked as a Top 10 PLM provider and Top 5 Supplier Collaboration solution. Arena also holds a spot on National Association for Business Resources’ “San Francisco’s Best & Brightest Companies to Work For” List for 2015. For more information, please visit: https://www.arenasolutions.com/