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10 years of Hyperwave: 2006 was a milestone in the company’s success story
The Hyperwave Group is celebrating its 10th year in business and the doubling of revenues over 2005
Hyperwave, a supplier of Collaborative Information Management (CIM) solutions, has closed the books on its first decade of business with an outstanding achievement: With the end of 2006 Hyperwave saw revenues increase 100% over 2005. At the same time, gross sales receipts rose over 65% (according to US GAAP), and a positive operational result was achieved.
In 2006 Hyperwave’s euro earnings, now firmly in the double-digit millions, were distributed over three core markets: DACH (45%), Great Britain (45%) and the USA (10%). Hyperwave is active on a worldwide scale with offices in Munich, London, Boston, and Graz, and currently serves roughly 300 customers from a wide variety of sectors, including Audi, Fujitsu-Siemens and Toshiba. The company has also established itself as a leading partner in the international eGovernment sector and counts among its clients the U.S. Department of Defence.
"The strong financial results in 2006 are a confirmation of our strategy to promote advancements in the market for Collaborative Information Management with continued innovation and technological development. With its integrated approach, Hyperwave has been able to secure a strong position over the last ten years not only in German-speaking Europe, but in English-speaking countries as well,” says Pieter Duijst, Hyperwave’s CEO. "With the help of our technological edge we will continue to systematically develop our international market position in coming business quarters. Current developments, such as the business world’s steady adoption of Web 2.0 technologies, will provide additional impetus to Hyperwave’s success.”
10 years of Hyperwave
Hyperwave has its roots in a research project begun at the Technical University in Graz, Austria. The project led to the development of a unique hypermedia system in 1989. With the integration of Internet standards a server solution took shape in 1994 that already featured integrated search mechanisms, sophisticated hyperlink management, access controls, dynamic HTML generation, etc. - years later this type of server solution became to be known as a Content Management System.
In light of the technology’s commercial potential, Hyperwave was founded in 1997. From the very beginning the management of business content was of central focus, which led to the significant expansion of the solution’s feature set - the resulting technology, known as ‘Knowledge Management’, drew considerable attention in subsequent years. In 2000 Hyperwave began to develop its solution further into a complete application suite for Collaborative Knowledge Management and integrated add-on products for eLearning, team collaboration, workflow optimisation and portal operation. The ‘Smart Enterprise Suite’ propagated by the Gartner Corporation since 2003 mirrors this approach - Hyperwave was again years ahead of the technological curve.
Today, as a business with university origins, Hyperwave is driven foremost by innovation: technological trends are identified early by the company and developed into market-ready products. This technological edge is the reason for the numerous awards and commendations Hyperwave has received in recent years.
The integration of eLearning and web conferencing solutions in the new release of the Hyperwave Server Platform IS/6 has contributed significantly to the fact that Hyperwave is now excellently positioned to take the lead in the internationally growing market for Collaborative Information Management solutions.05.03.2007, Hyperwave Information Management GmbH
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