CINCINNATI, OH--(Marketwire - Jul 25, 2012) - Datalliance today announced key growth metrics for the first half of 2012. The company realized a 23% increase in revenue for the first half of 2012. This revenue increase puts Datalliance on track for an eighth consecutive year of > 20% annual revenue growth. Increased revenue from the existing customer base as well as the addition of a number of new customers contributed to the overall revenue growth. The new customers include leading suppliers in Consumer Packaged Goods, Medical Devices, Electrical, Plumbing, and Automotive Aftermarket.
As the world's largest independent Vendor Managed Inventory service provider, Datalliance VMI saw increases in all key volume statistics and now manages over 15,000 locations, 16M+ SKUs, and $13B in annual sales. Datalliance also continued to develop new VMI innovations through delivery of two new releases of its Software-as-a-Service (SaaS) VMI platform.
"We are pleased to see growth in all dimensions of our business," commented Carl Hall, CEO & President. "Many of our existing customers are expanding their programs to include new trading partners. Several of our new customers are transitioning their existing VMI programs from legacy systems to our Datalliance VMI platform, while others are launching VMI programs for the first time. In some cases, we are working with companies that are pioneering the use of VMI within their industry. This is exciting as it means more companies in more industries are gaining the benefits of VMI. It also opens up new markets and opportunities for Datalliance."
Earlier this summer Datalliance announced the opening of their European Headquarters in Brussels, Belgium. "The opening of our European headquarters is an important milestone in the growth of Datalliance," stated Hall. "Our work with the European headquartered operations of our existing U.S. customers to expand their VMI programs in Europe has been the driving force to solidify our European footprint. As the VMI leader in North America, we have built the infrastructure to be the leader in Europe as well."
Datalliance is a leading provider of collaborative commerce services, and the world's largest independent VMI service provider. Delivered via the Internet using the 'Software as a Service' (SaaS) model, Datalliance solutions make it easy for suppliers and their customers to establish sales and inventory management relationships that fully align business objectives, improve collaboration, and streamline supply chain operations. Datalliance manages billions of dollars in orders, millions of SKUs, and thousands of locations for leading Fortune 1000 companies in a number of industries. For more information about Datalliance, visit www.datalliance.com.