Old-guard contraction: xTuple sees 250-percent growth in open-source ERP revenue


Xtuple , a leader in open source ERP software, reports record revenue growth in 2008, with sales up 250 percent year-over-year compared with 2007.
Tightening IT budgets across all industries are spurring demand for open source solutions, fueling xTuple’s success, along with aggressive product development guided by a continuous conversation with customers, partners, and the broader open source community.

Related reading: Cross-platform ERP vendor taps open source

xTuple is unseating incumbent software providers by delivering the cost-effectiveness and flexibility associated with open source solutions, along with the reliability, scalability, and support required by Fortune 500 and smaller enterprises alike.
Highlights of xTuple’s 2008 growth include:
• Customer base more than doubled in the past year, with a broad array of new commercial users in manufacturing, retail, and distribution industries throughout the United States, Canada, Europe, India, and Australia.
• Success in attracting new customers and partners has required more staff, and the company doubled its head count in the past year. While other vendors are downsizing by the thousands, xTuple is looking to hire many more employees in the coming months, as well as dramatically expand its partner program.
• xTuple ERP: PostBooks Edition is consistently ranked among the top 10 projects on the SourceForge open source download portal, where it has been downloaded more than 200,000 times by IT and ERP professionals around the world.

No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2013 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
A cool solution: Collaboration, chemistry leads to foundry coat product development; See the 2015 Product of the Year Finalists
Raising the standard: What's new with NFPA 70E; A global view of manufacturing; Maintenance data; Fit bearings properly
Sister act: Building on their father's legacy, a new generation moves Bales Metal Surface Solutions forward; Meet the 2015 Engineering Leaders Under 40
Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Drilling for Big Data: Managing the flow of information; Big data drilldown series: Challenge and opportunity; OT to IT: Creating a circle of improvement; Industry loses best workers, again
Pipeline vulnerabilities? Securing hydrocarbon transit; Predictive analytics hit the mainstream; Dirty pipelines decrease flow, production—pig your line; Ensuring pipeline physical and cyber security
Upgrading secondary control systems; Keeping enclosures conditioned; Diagnostics increase equipment uptime; Mechatronics simplifies machine design
Designing positive-energy buildings; Ensuring power quality; Complying with NFPA 110; Minimizing arc flash hazards
Building high availability into industrial computers; Of key metrics and myth busting; The truth about five common VFD myths

Annual Salary Survey

After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.

The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.

Read more: 2014 Salary Survey: Confidence rises amid the challenges

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.