IQMS 2014 Year in Review
Double digit growth, an equity investment and nearly 100 new customers among the high points for last year
PASO ROBLES, CALIF. – Jan. 27, 2015 – IQMS, a manufacturing ERP software and MES developer with an ongoing, proactive commitment to its product and relationships, today announced its 2014 year in review. The company's 25th anniversary was defined by a growth investment from Technology Crossover Ventures (TCV) and Banneker Partners.
Sales revenue for 2014 tracked another year of double digit growth with the addition of nearly 100 customers in IQMS industries such as automotive, medical, aerospace, packaging, food and beverage and pharmaceuticals. IQMS' software developments in 2014 included an online shopping portal, customizable business intelligence dashboards and a Tier 1 warehouse management system.
Both IQMS and its manufacturers received accolades in 2014. For the second year in a row, an IQMS customer was honored with the Manufacturer of the Year award by the Manufacturing Leadership Council. Additionally, IQMS celebrated its fourth consecutive placement on the Inc. 5000 list of fastest growing private companies in America, as well as received the Best in Biz award for Technology Department of the Year.
IQMS operated in growth mode throughout 2014, including expansion in North America with new offices in Charlotte, N.C. and Mexico, and the addition of 56 employees across the company. In October, IQMS welcomed nearly 350 attendees to its biennial User Group conference for three days of training, best practices and networking.
"2014 was a momentous year for IQMS. Not only was it our 25th anniversary, but it also included a landmark partnership with our growth investors, TCV and Banneker Partners," said Randy Flamm, president at IQMS. "2015 has already begun with a bang as more than a dozen customers have gone live on our system during the first two weeks of the year and more than 30 new employees joined the IQMS team this January."
For more than 25 years, IQMS has been designing and developing manufacturing ERP software for the repetitive, process and discrete industries. Today, IQMS provides a comprehensive real-time ERP software and MES solution to the automotive, medical, packaging, consumer goods and other manufacturing markets. The extended single-database enterprise software solution, EnterpriseIQ, offers a scalable system designed to grow with the client and complete business functionality, including accounting, quality control, supply chain, shop floor, CRM and eBusiness. With offices across North America, Europe and Asia, IQMS serves manufacturers around the world. For more information, please visit www.iqms.com.