Critical Manufacturing has reported a continuous revenue increase, with 30% growth in sales. This adds to the company's double digit earnings, allowing it to maintain both a steadily growing customer base and solid financial stability.
Critical Manufacturing's key product portfolio includes modular MES software geared to industries with highly-complex production, compliance and quality demands. Much of the company's growth last year was achieved with a significant increase in software licensing and service agreements with new and existing customers, as it continues to expand in key markets that include Germany, the US, China and Brazil.
"I'm very pleased to announce another successful year at Critical Manufacturing, with our annual results being a tribute to our continuous heavy investment in the development of new or improved functional modules," says Francisco Almada-Lobo, CEO of Critical Manufacturing. "With the modularity and flexibility of our solution and the excellence of our services, we allow our customers to spend their time thinking about their business-not their IT".
Critical Manufacturing's flagship MES product and its record for service have recently been recognized by analysts from ARC Advisory Group as a Rising Star in its Manufacturing Execution System for Discrete Industries Global Market Research Study, due to its fast expansion in Europe and Latin America, adding to recognition from Frost & Sullivan and CIO Review.
Read more about us on our homepage http://www.criticalmanufacturing.com/en/newsroom/press-releases/posts/press-releases/critical-manufacturing-continues-steady-growth-with-sales-up-30
Critical Manufacturing's key product portfolio includes modular MES software geared to industries with highly-complex production, compliance and quality demands. Much of the company's growth last year was achieved with a significant increase in software licensing and service agreements with new and existing customers, as it continues to expand in key markets that include Germany, the US, China and Brazil.
"I'm very pleased to announce another successful year at Critical Manufacturing, with our annual results being a tribute to our continuous heavy investment in the development of new or improved functional modules," says Francisco Almada-Lobo, CEO of Critical Manufacturing. "With the modularity and flexibility of our solution and the excellence of our services, we allow our customers to spend their time thinking about their business-not their IT".
Critical Manufacturing's flagship MES product and its record for service have recently been recognized by analysts from ARC Advisory Group as a Rising Star in its Manufacturing Execution System for Discrete Industries Global Market Research Study, due to its fast expansion in Europe and Latin America, adding to recognition from Frost & Sullivan and CIO Review.
Read more about us on our homepage http://www.criticalmanufacturing.com/en/newsroom/press-releases/posts/press-releases/critical-manufacturing-continues-steady-growth-with-sales-up-30
