StrikeIron Announces Record First Quarter Growth Led by eCommerce Data Services
Addition of 175 new customers propelled revenue growth six fold over first quarter 2006 figures
Research Triangle Park, NC – April 17, 2007 – StrikeIron Inc., the leading provider of Data-as-a-Service, which facilitates the consumption and distribution of live data and business functionality over the Web, today announced it experienced record growth in the first quarter of 2007. StrikeIron added over 175 new customers in the first three months of 2007, with revenue increasing six-fold over the same period in 2006. The growth was propelled by an increased demand for eCommerce services purchased in the StrikeIron Marketplace by small and medium-sized businesses. StrikeIron is positioned to continue on this growth path in 2007 and further solidify its position as the leader in the Data-as-a-Service market.
“Software-as-a-Service, rich Web applications and Service Oriented Architecture (SOA) are the dominant IT trends in companies of all sizes,” said Bob Brauer, CEO and President of StrikeIron. “For example, companies with SOA infrastructure firmly in place are looking to external data sources to enhance the value of existing systems and applications, and to further leverage their SOA investments. They are turning to StrikeIron for these real-time data needs.”
The StrikeIron Web Services Marketplace has been adopted by thousands of users and a broad range of institutions and enterprises, including over a dozen Fortune 1000 corporations such as BEA, IBM, Honda Europe, D&B, Time Warner, Siemens, Nike, Kenwood, and Exclusive Resorts. The marketplace has over 100 data services that add value to applications and Web sites. As a result of the wide variety of data services StrikeIron offers, the company has experienced strong growth in the eCommerce, CRM, Data Integrity and Business Intelligence markets. Leading the surge in the eCommerce space are sites looking to utilize sales tax, address verification, identity verification and business demographics at the point an ecommerce transaction occurs.
Popular data services used by StrikeIron customers include:
- D&B Business Prospect -- basic business prospect
information with D&B's powerful data product
- Email Verification -- Instant verification of email
addresses
- Foreign Exchange Rates -- current and historical
foreign exchange rates for 23 current and 9 legacy currencies
- Global Address Verification -- validation and
enhancement of contact information for any global address
- Global SMS -- send single or bulk SMS (text) messages
to any mobile phone
- Sales and Use Tax Services -- get sales and use tax
rates for any US zip or Canadian postal code
- US Address Verification -- validate and enhance any address in the US
Delivery.com provides fast and easy online food ordering from local restaurants and merchants. Since users place their orders online, Delivery.com relies on StrikeIron’s US Address Verification service to ensure proper delivery. They have also implemented StrikeIron’s Sales and Use Tax service as part of their eCommerce platform across all Delivery.com to ensure accuracy in tax calculations. “StrikeIron offered us an easy way to integrate data into our front end and back end systems,” said Steve Dix, Senior Web Developer at Delivery.com. “They manage all the updates and let us focus on our core business--making food ordering a fast, convenient and more efficient process.”
About StrikeIron
StrikeIron is the leader in providing innovative solutions for delivering data
over the emerging Internet. The company’s innovative Web Services Marketplace
provides a technology platform, micro-transaction management and a consistent
interface across many XML-based Web services from multiple, diverse sources.
This allows business users, application developers and enterprise IT
professionals to customize and integrate external data sources and additional
external functionality into enterprise, Web, and composite applications.
Currently, StrikeIron provides over 100 live data sources and business
functions from organizations such as Cortera, D&B, Gale, MapQuest, Midnight Trader,
Tax Data Systems, The Sports Network, and Zacks.
StrikeIron also offers IronCloud™, the only comprehensive Web services delivery
platform that opens up new channels for data distribution and consumption
through Web Services. Enterprises of all sizes can now reduce the cost and
complexity of managing the challenges of data distribution which include
leveraging an existing external hardware and software architecture, controlling
and metering access and usage, external monitoring for 24x7 reliability, full
usage analytics, as well as multiple authentication scenarios and instead
concentrate their focus on making information easier for partners, customers,
and distributed business units to access and use. StrikeIron delivers value to
over 1,500 customers and partners such as Avaya, BEA, Delivery.com, IBM, Honda
Europe, D&B, Siemens, Nike, Swarovski, ShoeBuy, and Exclusive Resorts. For
more information, visit www.strikeiron.com.
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