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News Release from: Technology Group International
Edited by the Manufacturingtalk Editorial
Team on 11 January 2006
ERP software provider records record
growth
Technology Group International, a leading ERP software solution provider, has announced record growth in 2005, with sales of its 'Enterprise 21' software having increased by 100% in 12 months.
Technology Group International (TGI), a leading ERP software solution provider, today announced record growth in 2005 New license sales of TGI's flagship product, Enterprise 21, increased 100% from the 2004 to 2005 fiscal year
This article was originally published on Manufacturingtalk on 5 Jun 2006 at 8.00am (UK)
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In addition to the record sales in 2005, TGI experienced a 96% increase in license revenue from 2003 to 2004.
This growth pattern equals an overall increase in license sales of over 400% for the two year period.
Scott Smith, president and CEO of TGI, stated: "I am extremely pleased with our company's performance this year.
The back to back growth rate can easily be attributed to our strong enterprise product line.
Unlike our competition, this record growth is organic growth from new TGI customers and has not been augmented by acquisitions or increased maintenance fees from existing customers.
I am proud of our team and confident we will continue to have exceptional growth in 2006 as well." * About Technology Group International - founded in 1990 and headquartered in Toledo, Ohio, USA, Technology Group International is a proven technology leader delivering Tier 1 application software functionality at a price performance level that can be readily accepted by organisations of all sizes.
Specialising in software systems for small and mid-market manufacturing and distribution companies, TGI's integrated Enterprise Series software suite is a complete business process management solution.
The product offering includes Enterprise Resources Planning (ERP), Manufacturing Resource Planning (MRP), Supply Chain Management (SCM), Warehouse Management System (WMS), Advanced Planning and Scheduling (APS), Decision Support System (DSS), Business Intelligence, Manufacturing Execution System (MES), and eCommerce.
TGI implements, maintains, enhances, and supports its packaged distribution and manufacturing software solutions directly and via its channel partners.
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