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April 22nd, 2013

CENTRIC SOFTWARE MARKS FISCAL YEAR HIGHLIGHTS

CAMPBELL, Calif. Monday, April 22, 2013

Centric Software, Inc., marked notable accomplishments in innovation and growth during its fiscal year 2013.

Centric—a leading provider of product lifecycle management (PLM) software for retail, apparel, footwear, luxury and consumer goods companies—continued to lead the industry in mobile strategy, PLM software and implementation methodology, according to Chris Groves, president and CEO. “The performance is stellar.”

Company Highlights
Centric completed the successful fiscal year with several notable accomplishments.

Revenue growth: Centric experienced more than 80 percent global growth over the prior year, making it the industry’s fastest-growing PLM software vendor, says Groves.

Product award: Centric earned acknowledgement as the best PLM software product for the consumer products industry. The company received the Frost & Sullivan 2012 Global Product Differentiation Excellence Award in Retail, Fashion and Apparel Product Lifecycle Management.

Customer wins: Centric acquired new marquee customers in Europe and North America. The companies boast diverse business models (retail, brands and vertically integrated retailers) in multiple product categories: luxury, footwear, apparel, fast fashion, sporting equipment, technical climbing and camping gear, and consumer goods.

Geographic expansion: Centric continued its European expansion by establishing a presence in Spain, and building on its strength in Italy, UK, France and United States through staffing additions and/or customer acquisition.

Product expansion: Centric introduced four releases of its best-in-class PLM solution during the fiscal year, as well as two new web-based modules. The company also expanded its innovative family of PLM mobile applications.

  • Sample Review Mobile App: The easy-to-use tool lets users quickly view and edit sample and style data on any iOS-enabled mobile device, and save the markups to the Centric 8 PLM solution. The app speeds the often-tedious and error-prone sample review process.
  • Mobile App Software Developer’s Kit (SDK): The tool allows companies to manage communications between Centric’s mobile apps and the Centric 8 server. Companies can use the SDK to develop their own mobile apps or personalize existing Centric apps for their brand-specific needs.

Agile DeploymentSM success: The groundbreaking implementation methodology for the Centric 8 PLM solution, based on agile principles, produced customer deployments within three to five months—up to five times faster than the typical time for a PLM implementation.

Implementation in the cloud: Centric achieved successful cloud deployment, marrying the flexibility of Centric’s solution with the dynamic capacity inherent in the cloud.

“The innovation of Agile Deployment, new mobile apps, and the industry’s best Centric 8 PLM solution are indicative of Centric’s emergence as the innovative leader in PLM for the consumer products markets,” says Groves. “Centric is committed to remain at the forefront of PLM solution development and innovation, providing the highest value and quickest economic benefit to customers.”

Centric Software, Inc. (www.centricsoftware.com)
Centric Software is a leading provider of product lifecycle management (PLM) software for retail, apparel, footwear, luxury and consumer goods companies. The Centric 8 PLM suite delivers easy-to-use functionality to manage critical, inseparable business processes, including product development, sourcing, business planning, quality management and collection management. Centric 8 implements and delivers value rapidly using an Agile DeploymentSM methodology. Centric received the Frost & Sullivan 2012 Global Product Differentiation Excellence Award in Retail, Fashion and Apparel Product Lifecycle Management (PLM).

Centric is a registered trademark of Centric Software. All other brands and product names may be trademarks of their respective owners.