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Acquia Revenue Doubles in a Year, Open Source Flourishing

screenshot-acquiagardens-2013.jpg Drupal cloud services provider Acquia has reported its revenue more than doubled in 2012, a sign open source implementations are reaching an all time high in popularity.

Bookings Rise in Q1 2013

In the first quarter of 2013, Acquia reported its bookings grew by 52% compared to the same quarter in 2012, the company announced at the biannual DrupalCon event this week. Acquia noted much of the growth came in the life sciences, high tech, media, government and higher education industries.

Analyst firm Forrester listed Acquia as a contender in its latest Web content management Wave (story link), a list it shared with Microsoft, IBM and Ektron. Forrester liked the customization possibilities within the Acquia services realm, but noted its lack of marketing tools compared to those larger companies.

To that end, Acquia announced its Open Web Experience Management concept last fall to allow Drupal modules to integrate with most major automation and social analytics tools. With its ever growing army of developers and partners, Acquia will no doubt continue to evolve on the marketing front. The company expects to hit the one million registered Drupal community members mark this summer

Open Source Success

Forrester created a separate report last fall on the subject of enterprises and open source adoption. It was commissioned by Acquia, but it did show nearly 60% of the 160 companies surveyed at least considered open source for their WCM programs. The reasons given for why companies didn't select open source even had little to do with any perceived shortcomings of the technology and more to do with those companies' inner workings.

While not a ringing endorsement of open source, it does show there is less in the way of wide spread adoption of open source systems than perhaps ever before. Acquia's latest numbers may be the most convincing clue that that adoption is now happening.

Acquia has also doubled its employee count over the last 15 months, and now employs more than 340 people around the world. There are Drupal developers in 228 countries speaking 181 languages, the company announced, and US $30 million was raised last fall for expanding sales and marketing in Europe and APAC.

 
 
 
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