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Brainware Significantly Outpaces Industry Growth Trend, Triples Average Contract Value

Jan 25, 2012 (06:01 PM EST)
URL: http://www.techweb.com/show-press-release/X885596/brainware-significantly-outpaces-industry-growth-trend-triples-average-contract-value.html

Company Innovates Through Collaboration with Global Tech Leaders, Finance Professional Community

ASHBURN, Va., Jan. 25, 2012 /PRNewswire/ -- Notwithstanding the market weakness caused by depressed macroeconomic conditions and uncertainty over the last three years, Brainware, Inc. announced today that the company has grown sales during that same period by 260%. 

(Logo: http://photos.prnewswire.com/prnh/20100827/PH56146LOGO )

In 2011, Brainware is proud to have:

"Despite the clear economic downturn we have observed globally since 2008, Brainware's average contract value has nearly tripled in that period, a clear demonstration of the value our software offers to enterprises that are committed to sustainability and growth regardless of market pressures," said Carl E. Mergele, Chief Executive Officer at Brainware.  "By expanding our presence through multiple channels, including partnerships with some of the largest and most trusted names in IT, cloud-based delivery of our intelligent data capture technology, expansion across all document-driven processes within the enterprise, unparalleled collaboration with financial professionals and more, Brainware is relentless in meeting the challenge of fulfilling the business process automation needs of Global 2000 clientele." 

About Brainware, Inc.

Brainware, Inc. is an innovative provider of intelligent data capture and enterprise search solutions that help Global 2000 companies eliminate costly manual data entry, rapidly process large volumes of documents and retrieve data from across the enterprise. Its solutions were built from the ground up to manage unstructured data without templates, exact definitions, taxonomies or indexing.  Headquartered in Ashburn, Virginia, Brainware maintains global sales and support operations through its North American, U.K. and European offices.  Brainware customers include Airbus, Alcon, Anadarko, BB&T, Baylor Health Care System, British American Tobacco, BSkyB, Clear Channel Communications, Cleveland Clinic, Continental Airlines, CORT, Frontier Communications, Gardner Denver, Halliburton, Her Majesty's Prison Service, Johns Manville, KPMG, NEC, NHS/Steria, Newell Rubbermaid, Old Dominion Freight Line, Philip Morris International, Rabobank, Resurrection Health Care, Reynolds & Reynolds, Shell, Southern Company, Sun Chemical, The Bank of New York Mellon/SourceNet, TriZetto, and many others.  For more information, please visit www.brainware.com.

Contact:
Robert Zoch
Public Relations Specialist
Brainware, Inc.
703-948-5831
Robert.Zoch@brainware.com

 

SOURCE Brainware, Inc.