Hyland Grows Software Revenue 24 Percent in 2015
Hyland, creator of OnBase grew at an accelerated pace in 2015 as total revenue grew 17 percent and software revenue increased 24 percent, significantly exceeding the overall industry growth rate predicted by analysts.*
Hyland experienced broad adoption of OnBase, its enterprise information platform, as the company achieved double-digit growth in the regions of North America, Europe and Asia; and in the industry segments of healthcare, banking, insurance and the public sector.
"The market is responding to our exclusive focus on content and process management, our unmatched pace of innovation and our unwavering commitment to customer success," said Bill Priemer, president and CEO of Hyland. 'As we enter our 25th year in the enterprise information management space, we have cultivated an unparalleled reputation for enabling organizations to operate with more agility, efficiency and effectiveness."
To accommodate global demand for its products and services, Hyland is planning to hire several hundred employees in 2016 to add to its current workforce of more than 2,100.
'Our market share gains are being driven by a growing team of dedicated professionals who maintain a relentless focus on helping our customers and partners succeed,' said Ed McQuiston, vice president of global sales and marketing at Hyland. 'Organizations want to work with a vendor that is thriving, responsive and forward thinking. In our industry, we are clearly that vendor."