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.