Noetix Corp. recently announced that it closed fiscal year 2012 with record annual revenue from its line of enterprise BI products and for professional services, yielding an increase of nearly 20% in total growth over the previous year.
“At Noetix we build great products, deliver successful implementations, and offer unmatched levels of support,” said Noetix CEO Morris Beton. “We stand behind our products and solutions more than any company I’ve been familiar with and these tenets have propelled our success.”
The company continues to gain traction with Noetix Analytics (introduced at the end of 2009), a solution that accounted for 43% of the revenue from new customers and contributed to a 58% increase in the average deal size over 2011. The number of new Noetix Analytics customers more than doubled in 2012, and included Exterran Holdings, Fidelity Investments, TaylorMade Golf Company, and Xerox Corporation.
Noetix Engineering delivered product innovations throughout the year, providing Oracle E-Business Suite customers with comprehensive operational and analytic reporting solutions that incorporate data from a variety of sources, speeding the deployment of their corporate initiatives.
NoetixViews Workbench, a highly anticipated product that empowers users to customize and extend NoetixViews to meet reporting needs that are not met out-of-the-box, won two industry awards following its introduction in April 2012. KMWorld named Workbench a “Trend-Setting Product for 2012” and the Best in Biz Awards presented Noetix with a Bronze award for its Best New Product of the Year category.