Last year Hippo, an open source web content management company, reported its highest revenue ever, and the growth pattern continues in 2012.
Hippo Is Happy
Last month Hippo was recognized with a 2012 Red Herring Top 100 Europe award, and now the open source CMS company has announced record revenue growth in the first quarter of 2012. The company says that dozens of new customers across different industries worldwide have fueled the growth:
They include government and educational organizations such as The Dutch National Police, Indiana University Health and City University of New York – consumer brands such as Autodesk, Dannon and Dolce&Gabanna, Financial institution like Talmerbank and Graydon and publishing companies such as Thomson Reuters and Sdu Publishing."
Earlier this year Hippo announced that Netherlands-based Sdu Publishing had selected the Hippo CMS to power its new online publication for IT professionals, AutomatiseringGids.nl. Then in April Hippo announced that the Netherlands Ministry of Foreign Affairs selected the Hippo CMS to run the minbuza.nl website.
Hippo CEO Jeroen Verberg says that the company spent 2008 and 2009 improving the company and CMS and preparing them for this kind of growth. "It's great to see this strategy paying off," he says.
Open Source CMS
In January, we looked at the latest Hippo CMS release, version 7.7, which introduced a new Channel Manager and personalization, but Hippo isn't the only open source CMS in the news. Plone announced its roadmap, which includes adopting HTML5 and CSS3 as well as improving user experience. MODX Revolution 2.2.2 rolled out with performance improvements and groups creation wizards. eZ Systems announced a partnership with IT specialists EPAM. And that's all just this month. In April, Nuxeo, an open source enterprise CMS provider, also announced 2011 growth and that the company had doubled its revenue and customer base in North America.
In addition to growing revenue, Hippo has been growing its list of partners and employees. Hippo announced the addition of three new partners to its growing list of partners in more than 20 countries, and the company also hired 15 new employees. All this news makes a particular Hippo especially happy.