Cadac Organice develops further in 2011 into an international supplier (preliminary results)

Tuesday, 24 January 2012 15:36

In 2011, Cadac Organice further developed into an international supplier of on-premise and cloud solutions for Engineering Document Management and Control based on Microsoft SharePoint

Heerlen, the Netherlands - January 24, 2012 - In 2011, Cadac Organice BV, a Microsoft Gold ISV Partner, has further developed into an international supplier of solutions for Engineering Document Management and Control based on Microsoft SharePoint. The organization expanded worldwide and the Cadac Organice Software Suite was implemented to numerous new customers.

Despite of the economical and financial crisis, engineering and construction companies continued to invest in improving business processes and increasing efficiency and productivity. Microsoft SharePoint has been fully adopted as a stable and flexible platform for Enterprise Content Management and Project Collaboration. In combination with Cadac Organice that enriches SharePoint with functionality for Engineering Document Management and Control, SharePoint provides these industries the best solution to fulfill their requirements. Since the introduction of the Cadac Organice Cloud Solution, it is available as an on-premise as well as a flexible hosted solution.

The Cadac Organice Cloud Solution was introduced in September 2011, and since then has been implemented by a number of leading international companies for engineering projects. Customers of the Cloud Solution include FMC Technologies, Weatherford International, Royal Haskoning, Volker Infra and Food Center Amsterdam (City of Amsterdam). All these companies have opted for a flexible project environment for collaboration with external partners, without the internal IT organization or infrastructure burden.

Worldwide, Cadac Organice BV showed further growth in the number of customers and sold licenses. New customers are active in different market segments, including oil & gas, mining, chemical, building and construction, engineering, power and energy. New customers include Maersk Oil & Gas, FMC Technologies, Weatherford International, Newcrest Mining, Visser & Smit Hanab and Mourik.

In 2011, Cadac Organice BV further expanded their international operations by opening an office in Frankfurt, Germany. Gert Jan de Kieviet, former CEO of Sword CTspace, joined the European organization and David Parry, former CTO and co-founder of McLaren Software, joined the US organization.

Jan Baggen, CEO Cadac Group Holding BV: 'We are proud that 2011 has become our best year ever in our 25-year anniversary, despite a turbulent year in global terms. With revenue of 29M Euros (5% growth) and net profit of 3M Euros (25% growth), Cadac Group is one of the best performing companies in the industry.'

The final results over 2011 will be presented in the second quarter of 2011, after the annual stakeholders meeting..