Huddle, a provider of enterprise cloud collaboration and content management, has achieved another record quarter thanks to the increasing demand from large corporations and government customers.
The company has tripled sales in Q1 2011, with sales to new enterprise customers increasing by almost five times, compared to the same period last year. The company hopes to triple sales year on year.
According to Gartner (News - Alert), team collaboration is a growing segment gaining in popularity from influences like social software and distributed virtual teams. According to analysts, “Software as a Service represents approximately 46 per cent of total market revenue in 2010.”
“By YE14, cloud e-mail and collaboration services, at 10 percent penetration, will have passed the ‘tipping point,’ with broad scale adoption under way,” said Tom Austin, vice president and Gartner fellow, Gartner, in a recent report. Further, the report estimates that by 2020, growth in this market will begin to level off as it exceeds 55 percent.
In a related announcement, Huddle also appointed Simon O’Kane, former managing director, UK and Ireland, at Salesforce.com (News - Alert), to the organization’s management team. At Salesforce.com, O’Kane contributed for increasing recurring revenues from$3.8 million to $124.7 million over five years.
In his new role as Huddle’s VP Enterprise, O’Kane will drive the company’s focus on enterprise and continue to build Huddle’s presence in large companies and government organizations worldwide.
“Having played a key role in building one of the pioneers in cloud computing, I am excited to be joining Huddle – undoubtedly Europe’s leading cloud computing company – and such a committed and passionate team,” said O’Kane.
“At Salesforce.com, I learnt the difference between true and false cloud computing,” O’Kane added. “I was impressed with the fact that Huddle regularly exceeds its guaranteed 99.9 per cent service level agreement (SLA). Over the last 90 days alone, it has had 100 percent uptime.”
O’Kane compares this uptime with recent outages from other major cloud vendors and says it is quite an achievement for Huddle. He was also impressed by the fact that Huddle releases updates to its service every four weeks with zero downtime and offers users a 100 per cent user adoption money back guarantee.
“The company’s recent landmark 10 year deal with UK government and continuing success with government organizations in Belgium, Italy, Spain and Finland is testament to the fact that this is an organization destined for greatness,” O’Kane further said.
“Simon’s addition further strengthens the already exceptional team we have built at Huddle,” said Alastair Mitchell, CEO, Huddle, in a statement. “We’re extremely proud that Huddle continues to attract global talent.”
Mitchell hopes that with Simon’s support and impressive industry knowledge, Huddle will continue to lead the disruption of the collaboration and content management space by providing organizations with a viable alternative to legacy systems, such as SharePoint, that both users and IT love.
Huddle recently signed deals with Unilever, Diageo, M&C Saatchi and the Belgian Ministry of Health. The company already boasts a roster of prominent customers including Disney (News - Alert), HTC and Kia Motors. Recently the company joined hands with FCO Services to announce Huddle IL3, which will be accredited for pan-government collaboration on classified data.Huddle is now focusing on solving the challenges of collaboration in large enterprises. The company has plans to enhance its enterprise content management capabilities, usability, multi-platform and mobility offering over the coming months.Rajani Baburajan is a contributing editor for TMCnet. To read more of Rajani's articles, please visit her columnist page.
Edited by Carrie Schmelkin