Caldera Credits Financial Standing to Sustained Expansion
Wednesday, September 21, 2011
Press release from the issuing company
French software manufacturer Caldera has released information about its vigorous financial growth, demonstrating how its commitment to innovation and its international sales and support platform have been key to its solid position in spite of the recent global fiscal situation. Complementing this progress is this year's release of Variable Display, a digital signage solution for wide-format print companies, and the ongoing improvements brought to Flow+, a print business management solution incorporating ERP modules.
With current working capital standing at €204,000 [£181,000/$289,000], the main period of expansion for the popular print workflow and RIP software manufacturer has been between 2006 and 2010, where it reports a total augmentation of profit of some 130 percent. This average advance of 25 percent per year indicates how continuous product development and comprehensive support have allowed Caldera to sustain its existing clients to the high standard they have come to expect, while also expanding its customer base.
"With a 30 percent month-on-month increase already in evidence so far this year, we are confident that we will meet and exceed our turnover target for 2011 of €7 million [£6.1m/$9m]," comments Joseph Mergui, chief executive officer of Caldera. "While Caldera will continue to provide and develop scalable, top-flight applications for all types of graphic arts producer, we are now looking to expand our share within Asia and other new territories, with a mid-term turnover objective of €15 million [£13.3m/$21.2m] in 2015."
"Following on from the success of Flow+, which gives print houses the ability to integrate enterprise resource planning seamlessly with their operational controls, Caldera has also extended its expertise into the digital signage and DOOH markets with a new offering," adds Sébastien Hanssens, the company's vice-president, marketing. "Caldera's Variable Display provides a way for our current customers to manage existing media assets across multiple screens using an accessible interface, creating new cross-media opportunities for graphics and advertising producers.
"At a time where development in vertical markets is crucial for every business in the printing sector, Caldera is providing the best possible circumstances to our customers so that they can expand their existing services logically and sustainably," continues Mergui. "We believe that the high quality of printed graphics that our customers produce daily can be extended, with Variable Display, into the digital signage market to create advanced integrated campaigns for their clients."
Caldera's complement of 44 full-time staff members services a broad global reach, with 75 percent of its business conducted overseas in the key markets of North America, Germany, Italy and Great Britain. Because different businesses, from individual user environments up to corporations, can enter at a suitable price point and upgrade in a modular fashion, Caldera's software solutions continue to guarantee a powerful print management and RIP option for all graphic arts production environments.
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