ServiceMax
ServiceMax Widens Leadership Gap With Record European Growth

DGAP-News: ServiceMax / Key word(s): Miscellaneous

2015-10-14 / 09:30

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LONDON, UNITED KINGDOM --(Marketwired - October 14, 2015) - 
ServiceMax, the field service management solution for a new era
of business, today reported a record-breaking year in its EMEA
business with 300 per cent year on year growth, more than
doubling its EMEA customer base and adding in excess of 90
certified partner consultants in key vertical sectors, including
Medical Equipment, Energy, Utilities and Manufacturing.

As the fastest growing field service software company in history,
the acceleration of ServiceMax's EMEA business follows a
milestone year for the company globally. Recent Series F funding
of $82 million is fueling continued investment across the region
with a focus on sales and marketing, including investment in its
new London-based EMEA headquarters and 132 per cent growth in its
European workforce over the past 12 months as the company
continues to exceed its revenue objectives.

'We are seeing huge demand from customers that want to evolve
their service capabilities from reactive to proactive and
eventually becoming predictive using our Smart Connected Service
platform,' said Spencer Earp, Vice President EMEA for ServiceMax.
'Maximising service revenue and productivity in the field has
become a strategic priority for major organisations in Europe and
indeed globally. It is also underpinning new business models
designed to exploit the service led economy and harnessing the
benefits of servitisation, the Internet of Things, as well as
improved asset utilisation by collecting and analysing IoT data.'

A recent McKinsey report stated that IoT could generate between
$3.9 and $11 trillion dollars per year in revenue globally by the
year 2025 with B2B organisations poised to generate nearly 70 per
cent. B2B demand is also contributing to ServiceMax's commercial
momentum across Europe. Recent EMEA customer wins include
organisations such as Sky Italia, Xeikon, Sony Professional
Services Europe, CareFusion International, Marel, Nilfisk, Xylem,
QubeGB and Dorma.

Next month, Kevin Ashton, Father of the Internet of Things, will
join ServiceMax CEO Dave Yarnold in the line-up of prestigious
keynote speakers in Paris at the company's annual European
customer event, MaxLive.

About ServiceMax

ServiceMax leads the massive and global industry of field service
management software - a market with $18 billion in market
potential. The company continues to reimagine and create
solutions for the 20 million people globally who install,
maintain, and repair machines across dozens of industries as the
only provider of complete end-to end mobile and cloud-based
technology for the sector. ServiceMax goes to every length - from
joining technicians on service calls to publishing the industry's
leading online publication - to help customers discover untapped
innovation, unleash new revenue streams, drive efficiency, and
most importantly delight their end-customer.
http://www.servicemax.com



PR Contact:
Vanessa Land
Devonshire Marketing
Tel: +44 (0)7768 693 779
vanessa@devonshiremarketing.com

News Source: Marketwire



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2015-10-14 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English        
Company:     ServiceMax     
 
 
             United States  
 
 
End of News    DGAP News Service  
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402453 2015-10-14