Continuously improving business processes with methodologies, technologies and the power of people

Business Process Improvement

Subscribe to Business Process Improvement: eMailAlertsEmail Alerts newslettersWeekly Newsletters
Get Business Process Improvement: homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn


Business Process Improvement Authors: Prince Kumar, Dana Gardner, Continuum Blog, Automic Blog, Liz McMillan

Related Topics: Cloud Computing, Business Process Improvement, Cloud Application Management

Article

Cloud Expo Exhibitor Hubspan Setting Record Growth in 2010

Mid-market to Fortune 500 selecting Hubspan’s cloud-based platform for business process integration

Hubspan on Thursday announced record growth across multiple areas of its business in the first half of 2010, including channel and direct sales, new customer acquisition, network connections and transactional volume. Hubspan attributes this growth to multiple factors, including its expanding channel strategy, strong customer retention rate and increasing adoption of cloud-based solutions. A leading provider of cloud-based business integration solutions, Hubspan enables companies to integrate business processes throughout the extended enterprise.

The company quadrupled new revenue from channel sales and doubled direct sales revenue in 1H 2010 compared to the same period last year, while adding new customers at twice the rate over previous years.  Its strategic channel partners include IBM, Ariba, Visa and SciQuest, among others. Transactional volume increased by 65 percent, with an increasing number of transactions involving real-time (synchronous) messages.  New network connections, which are end points or companies connected to the Hubspan cloud platform, grew by 75 percent year-over-year.  This record growth was achieved while maintaining a 98% customer retention rate.

"Companies of all sizes are realizing the need to integrate and automate business processes with customers, service providers, cloud applications, etc., but struggle to achieve this due to the complexity of systems, applications and business policies," said Trisha Gross, President and CEO, Hubspan.  "By leveraging the power of our cloud-based platform, Hubspan reduces the cost and complexity of business process integration, enabling a rapid ROI and real business results."

For its customers, Hubspan creates business process networks in the cloud that encompass thousands of connections, messages and business rules.  These networks enable integration of critical business processes, such as order-to-cash, procure-to-pay, online catalog management, eCommerce punchout, real-time inventory and delivery services, and many others. Examples of Hubspan's business process community networks include:

  • More than 2,000 connections in the Hubspan Healthcare Community Network, covering Healthcare, Biotech, Life Sciences, and Pharmaceutical organizations
  • More than 5,000 connections in the Aviation / Aerospace Community Network
  • More than 1,000 connections in the Hubspan Public Sector Community, which includes local, state and federal government, school districts and governmental agencies
  • More than 5,000 SAP connections across all business community networks

For more information on Hubspan, go to www.hubspan.com.

More Stories By Pat Romanski

News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.