Preactor International has bucked the trend of the economic downturn to celebrate a record annual growth.
The firm’s 2011 figures, released today, show an increase in net sales of 17 per cent compared to the previous year, which in itself had seen the company celebrate record results.
Preactor International, which creates the Preactor production planning and scheduling software for industries including manufacturing, logistics and services, credits its 2011 success in part to companies prioritising return on investment in order to survive the current economic climate.
Nearly 1,000 firms began using Preactor in 2011, including 350 buying licences for the full product and nearly 650 signing up to use the free starter product, Preactor Express.
Mike Novels, CEO of the Preactor Group, said: “The financial crisis has had a significant impact on manufacturing companies across Europe and they are looking for solutions that will give them a fast return on their investment.
“The past year has been a very difficult one for many businesses in the sectors we target. Despite this, they have continued to recognise the benefits they can obtain by using Preactor to manage their production in a more agile and efficient way, even when demand varies from week to week.
“We are also fortunate in that Preactor is flexible enough to be used across almost every sector and business process, so when one sector has suffered badly in the downturn we have been able to focus our efforts on other types of businesses.”
As well as an increase in companies using Preactor, the 2011 success has been bolstered by strengthening Preactor International’s global network.
More than 30 new companies around the world signed up with Preactor in 2011, increasing the partner network to more than 400.
