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Plexus Systems, Inc. Marks Substantial Growth in 2007
AUBURN HILLS, Mich.,
Last year, Plexus Systems welcomed 39 new customers, including companies headquartered in
Plexus Systems made a strategic transition to a subscription-based pricing model in 2007. Under the new pricing model, customers no longer pay a large lump sum to "purchase" software, but instead pay a standard monthly fee throughout the life of the contract. The new pricing model better accommodates customers who wish to conserve cash and account for software as an operational expense, rather than a capital expense.
"This fundamental change for leading-edge SaaS companies takes the industry away from an older software pricing model based on per-user licenses and large upfront payments," said Plexus Systems CEO
In other notable achievements, Plexus Systems increased its staff to 108 employees and hired key industry leaders in marketing and sales positions. The company established new U.S. regional offices in
Plexus Online offers over 350 functional modules, providing companies instant access to vital information and management functions using a simple web browser. The on-demand solution features enterprise resource planning (ERP) functions such as accounting and finance modules, customer relationship management (CRM) features such as order entry and tracking, manufacturing execution systems (MES) functions such as production scheduling and machine integration, and supply chain management (SCM) functions such as supplier quality and traceability.
About Plexus Systems, Inc.
Since 1995, Plexus Systems, Inc. (Auburn Hills, Mich.) has maintained a singular vision — to drive significant cost, quality and productivity improvements for manufacturers, from the shop floor to the top floor. Plexus Online(TM) is an on-demand software for the manufacturing enterprise, delivering a powerful, real-time interface. Plexus Systems originated internally at a manufacturing company, and was designed to resolve quality challenges, including production, distribution and global supply chains management issues. Today, Plexus Online also enables businesses to manage accounting, financials, compliance and human resources and other top priorities. Plexus Systems serves a cross section of manufacturing industries (OEM and suppliers), particularly automotive, defense, medical device and aerospace companies headquartered in the Americas, Asia, and
Plexus Systems has partnered with Apax Partners (www.apax.com), one of the world's leading global private equity groups, to drive global expansion and further strengthen the company's products, services and market position. Apax Partners operates across the US,
SOURCE Plexus Systems, Inc.
