Noosh Records $700 Million of Marketing Services in 1H of 2012

Press release from the issuing company

45% Growth Driven by Managed Service Provider Partners

Noosh, the leading cloud platform for managing marketing production and procurement processes, recorded over $700 million worth of online marketing projects in the first six months of 2012, an increase of 45% over the same period last year.
"We're seeing a significant usage increase from our marketing service provider partners - primarily production and procurement outsourcers, and paper merchant resellers - as we've focused on making Noosh their preferred technology platform. These fast-growing service providers win more business by using the Noosh platform, as part of their value proposition, to deliver unmatched convenience, visibility, efficiency and control to marketing and procurement departments in their enterprise customers," said Ofer Ben-Shachar, Noosh CEO. "Noosh is growing rapidly as a result of our partners' success. Our growth enables us to invest aggressively in making Noosh technology even better to keep our partners in front of the opportunities and challenges of working with demanding enterprise customers," concluded Ben-Shachar.
Over 20,000 individuals have used Noosh's robust supply chain collaboration to facilitate communications and streamline workflow across marketing departments, buyers, agencies and suppliers. The faster time-to-market and lower project costs achieved from using Noosh enables marketing production teams to respond quickly to dynamic campaign requirements, get the most from their budgets, and optimize operations using robust reporting and business analytics. Noosh is used throughout North America, Europe, Asia and Africa with 29% of its spend volume being managed outside the United States.

"Outsourcers, managed service providers and resellers look closely for the best technology to run their businesses and gain competitive advantage," said Dave Hannebrink, COO of Noosh. "We've seen some partners ramp their annual Noosh project volume from zero to $100 million, or more, in a few short years - strong testimony to the powerful combination of savvy businesses leveraging our technology platform."


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