Company doubles its customer base as manufacturers
embrace SaaS profit optimization solution
San Francisco, Calif. — June 5, 2007 — Maxager, the leading provider of enterprise
profit optimization (EPO) solutions, today announced record-breaking first quarter
results with the addition of eight new manufacturing customers. Over the past year,
Maxager has grown its total customer base by over 130 percent and is now
managing more than $25 billion in customer revenue with its patented profit-perminute
solution that allows companies to maximize profit and ROA. In addition to
increased revenue and a rapidly growing customer base, the company has
significantly expanded operations in Europe and Asia.
Maxager provides information that gives management unprecedented insight into
business operations. To uncover incremental profit enhancement opportunities that
were previously obscured by traditional “margin-only” analysis, Maxager integrates
margin with production run-rate data to provide comprehensive historical analysis,
powerful what-if modeling capability and detailed variance analysis. For the first
time, all functional organizations — sales, marketing, finance and production — have
a common metric to evaluate profitability. Equally important, profit per minute is the
only metric that yields truly accurate insight into how daily actions will impact overall
company profitability.
“Because companies have found it almost impossible to monitor profit per minute on
a product by product basis, margin analysis was the primary mechanism that
manufacturers used to control revenue and profitability,” said Michael Rothschild,
founder and CEO of Maxager. “Maxager has successfully addressed this challenge.
Our stellar growth rate provides evidence that our value proposition has become well
understood and is gaining widespread acceptance with manufacturers.”
The Maxager solution has been adopted by leading manufacturers within the United
States and around the world. As the result of dramatically increased sales activity in
Europe and Asia, Maxager has opened an office in Frankfurt and has expanded both
sales and support offices in Bangkok and Taipei.
About Maxager Technology
Founded in 1996, Maxager’s patented enterprise profit optimization (EPO) solutions
help leading chemicals, metals, electronics and other complex manufacturers such as
Dow Chemical Company, Severstal, Owens-Illinois and Siliconware Precision
Industries increase cash and profit worth 3-5% of revenue. Uncovering profit gain
opportunities that are obscured by traditional “margin only” analysis, Maxager uses
both margin and production velocity information to analyze history and generate
realistic forward modeling that provides management teams an entirely new level of
control over Return on Assets (ROA) — the key driver of shareholder value. Ideal
for manufacturers with a wide range of products, customers and assets, Maxager’s
unique technology calculates precisely how fast each product, customer, or market
generates cash and profit from the assets, allowing managers to truly optimize
product mix & customer mix profitability, sales & profit planning, strategic
pricing, and production planning. New customers typically begin reaping benefits
within 60 days. Maxager is headquartered near San Francisco with offices in Europe
and Asia. |