Data integration software maker Scribe Software has provided its quarterly performance update, announcing that it recorded another strong quarter. It was the nineteenth consecutive quarters of year-over-year revenue growth and the second-highest bookings quarter ever for its cloud platform, Scribe Online. Scribe closed out the first half of 2014 with 210 percent year-over-year Scribe Online growth thanks to strategic mid-market expansion, according to company officials.
The company says its growth was driven by both its on-premise and cloud offerings. The company realized a 28 percent year-over-year increase in bookings for its on-premise solution, Insight – totaling 13,000 licensed seats for Q2. Scribe Online bookings also increased by 133 percent year-over-year in Q2. In April, Scribe reported positive results for the first quarter of 2014 with record sales and new partnerships. At the time, the company said it was continuing to building on its Scribe Online sales success in 2013, increasing its ISV/OEM deals significantly and growing Scribe Online bookings 426% compared to the same time last year. Part of its effort to increase partner engagement was Scribe’s recently announced details of its new iPaaS (integration Platform as a Service) release to enable ISVs, implementation partners and IT developers to embed and distribute integration services tailored for their businesses, company officials said.
The company also announced a new wholesale pricing program for channel partners. At the beginning of the year, Scribe also reported record sales growth in Q4 2013 for both Scribe Online and its “heritage” on-premise solution Scribe Insight. Scribe Online serves as the integration component of a growing number of customized cloud solutions. The company reports that more than 110 of its 1,200 global partners are now delivering pre-packaged, repeatable cloud integration solutions – a 56 percent increase over the second quarter of 2013.