Reports continued license growth and announcement of the Profisee Academy, as well as investment from ParkerGale.
ALPHARETTA, Ga., May 30, 2017 — Profisee, the leading provider of next generation master data management (“MDM”) software solutions; announced today another, consecutive record quarter. Profisee reports license fee growth of over 120% QoQ.
The company added a number of new customers in a variety of industries; a selection of new customers include AMA, PAN Foundation, Iberia Bank, Chesterton, Freeman and Protective Life.
Profisee’s Platform, and its Profisee Advantage™ Go-To-Market model, deliver enterprise MDM solutions for any size organization, helping them tackle the challenge of maintaining high data quality and trusted analytics. Profisee helps customers leverage a variety of data sets, from customer and product data domains to financial, equipment and employee data sources. Profisee’s global customer base uses these solutions to better, and more quickly, drive digital transformation across the enterprise.
Jeff Wilson, Profisee Chief Marketing Officer states, “Our continued growth reflects the disruptive effect on the traditional MDM tools and approaches. We are helping our customers transform their business by more quickly and more affordably bringing data strategies to reality. Enterprises today have too much complexity when it comes to connecting disparate data or integrating/migrating data from system to system. Companies no longer want, or can afford, limits on users, domains, or data records, and they certainly are moving away from expensive and time-consuming deployments. MDM/EIM strategies must be nimble and scalable while providing the business with greater data stewardship.” Wilson adds, “Customers want data accuracy and integrity everywhere, in order to provide a 360 degree view of their business for everyone.”
Profisee Announces Profisee Academy is Live
Profisee announces that the Profisee Academy™ is live. The Profisee Academy™ provides an on-demand training and certification platform for MDM professionals delivering solutions on the Profisee Platform anywhere in the world.
Eric Melcher, Vice President – Global Product Management, Profisee states, with the program’s launch, the initial 20+ courses span topics from basic fundamentals of MDM to technical implementation of the Profisee Platform. Courses are all available online, available anytime and anywhere to our customers and partners. Sessions include studio recorded training videos, white-board sessions, downloadable content and knowledge assessments. This innovative delivery of expert, in-depth practical insights on the art and science of master data management is the first and only On-demand certified learning platform.
“The Academy enables MDM professionals around the world to access resources and educational materials through a web-based experience that is highly-accessible and designed around the needs of MDM practitioners and uses,” adds Melcher. “We look forward to continuing to help MDM professionals harness the power of this groundbreaking program.”
Profisee Announces Investment from ParkerGale
Profisee announces that it has received a major investment from technology private equity firm ParkerGale Capital.
Profisee’s CEO, Ian Ahern, comments on the investment, “ParkerGale’s commitment is a testament to our market success and consistent, profitable growth, and more decisively, signals our next phase of market disruption.” Ahern further states, “Organizations need data connectivity that is delivered flexibly and affordably. The ever complex chase for trusted data analytics is at the core of any digital transformation strategy.”
Ahern adds to why Profisee selected ParkerGale, “We recognize the MDM marketplace is competitive and in the midst of undergoing a major shift to the mass market enabling MDM for any size organization worldwide. The major enterprise/ERP players are losing ground because of pricing and implementation costs. With our price disruption, and unique deployment options we see the time is now to take a leadership position in MDM, especially in the mid-market. To ensure we are ready for the future, our executive team recognized the need for a partner to help support our market leading growth. After extensive diligence of ParkerGale, we determined they were the best fit for Profisee. They bring the additional skills, experience and diversity we are looking for in a partner and at the board level.”
About Profisee
Profisee is a next generation master data management (MDM) technology company that makes it easy and affordable for any size organization to ensure a trusted data foundation, for every user across your enterprise. Our unique, Profisee Advantage™ pricing approach includes every user, data record, domain, and data source. Our customers deploy on any application and/or device, and is delivered on premise, in the cloud, or via hybrid model. As a Microsoft Gold ISV Partner and with a strong heritage in Microsoft MDS, Profisee provides a wide breadth of leadership from master data management, business intelligence and enterprise software firms. Profisee’s proven Total Cost of Ownership model is allowing its customers to more quickly innovate and accelerate their digital transformation. For more information about Profisee’s solutions, please visit profisee.com
