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Jan 25 2012

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Cadac Organice sounding bullish

Preliminary results released by Cadac Organice suggest the Netherlands-based vendor of Microsoft SharePoint-based solutions for engineering document management had a successful 2011.

It highlights its introduction of a cloud-based solution – discussed in October 2011 with Gert-Jan de Kieviet, right, following his recruitment from Sword-CTSpace – and also mentions that David Parry, former CTO and co-founder of McLaren Software, has joined Cadac’s US organisation (McLaren and CTSpace are, of course, set to merge following the latter’s November 2011 acquisition by IDOX; post).

Jan Baggen, CEO Cadac Group Holding BV says:

“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.”

Final 2011 results will be released in the second quarter of 2012, after the company’s annual meeting.

Permanent link to this article: http://extranetevolution.com/2012/01/cadac-organice-sounding-bullish/

1 ping

  1. M-Files – bridging the SaaS vs on-premise ECM divide | Extranet Evolution

    […] Over the past few years I’ve seen various generic enterprise content management (ECM) systems target the architecture, engineering and construction (AEC) sector. When Software-as-a-Service (SaaS – though then known as ASP: application service provision) solutions (4Projects, Asite, Conject, Buzzsaw, e-Builder, etc) were first beginning to establish themselves in the US and UK markets around the start of the century, they were often competing against established electronic document management vendors (eg: Documentum). Solutions such as Open Text Livelink were resold in the UK AEC market by Causeway Technologies, while Microsoft’s SharePoint was sold as an on-premise AEC solution by firms such as Cadac (post). […]

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