LYCOS RETRIEVER
Interwoven
built 628 days ago
Interwoven is a very well-known company with a good reputation in the field of content management solutions, but it is by no means the only one. There are plenty of companies providing content management solutions; for example, you have probably already heard of Vignette, RedDot, Zope and Documentum. The CMS Report has praised Interwoven for its user-friendly interface and good active user group facility. However, it has criticised Interwoven's role management and templating. You should consider Interwoven's products, but do this in comparison with products from other companies.
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Interwoven is the global leader in content management solutions. Interwoven's software and services enable organizations to effectively leverage content to drive business growth by improving the customer experience, increasing collaboration, and streamlining business processes in dynamic environments. Their unique approach combines user-friendly simplicity with robust IT performance and scalability to unlock the value of content. Today, nearly 3,800 enterprise and professional services organizations worldwide have chosen Interwoven. Over 19,000 developers and over 300 partners enrich and extend Interwoven's offerings.
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"Interwoven is thrilled to receive the Operations Management Award of Excellence in recognition of our achievements after a year of strong growth and innovation," said Jos Stoop, vice president and general manager of global capital markets at Interwoven. "This success is the result of our continued focus on delivering targeted solutions that meet the unique requirements of the global capital markets community. Interwoven P2P is a perfect example of this strategy at work, as the solution enables organizations to keep pace with the growing volume of trade activity, while at the same time reduces risk."
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HISTORY REPEATSFor a clue to Interwoven's prospects, let's look at one of its closest competitors, Vignette, which came to market on February 19, 1999. With about the same financials -- 1999 first-half sales of $5.2 million, up 609 percent from $733,000 for the same period a year ago -- Vignette's IPO has been a huge success. Its shares were priced at $19, opened at $41, and closed its first trading day at $42.69, up 124.6 percent, a performance worthy of our IPO Hall of Fame (a list of companies whose stock closed up in first-day trading 100 percent or better from offer price). Since then, Vignette's common stock hit an April 12 high of $111.75 and presently is selling at about $101 a share, up 431.6 percent from its initial offering price. Although Vignette is perceived by many to be the leader in the market, its price suggests that the market is hot as a whole.
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For the six months ended June 30, 2007, Interwoven reported total revenues of $107.3 million, an increase of 12% from total revenues of $95.5 million for same period last year. License revenues for the six months ended June 30, 2007 were $40.6 million, an increase of 13% over the first six months of 2006. Support and service revenues for the first six months of 2007 increased by 12% from the first six months of last year to $66.7 million.
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For the nine months ended September 30, 2007, Interwoven reported total revenues of $162.8 million, an increase of 11% from total revenues of $146.4 million for same period last year. License revenues for the nine months ended September 30, 2007 were $61.9 million, an increase of 13% over the first nine months of 2006. Support and service revenues increased by 10% from the first nine months of last year to $100.9 million for the first nine months of 2007.
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