Lombardi announces 2008 Results
- February 24, 2009
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Earlier Appian reported results, and on the heels of the Gartner Magic Quadrant, Lombardi put out its 2008 announcement. I’m interested to see announcements from the other vendors – luckily, estimates of BPM financial results will be available at www.itinvestmentresearch.com after march 1, 2009 (thanks for the tip from ebizQ). Overall, it looks like Lombardi grew faster than the software market in general, which is consistent with the results from other BPM vendors (reading between the lines of course, since actual numbers aren’t reported by the firms that are still private). The good news is that the BPM market overall appears to be relatively healthy. 47% Growth in software licensing is robust, and Lombardi has several other statistics to tout. Previously I believe Appian announced Q4, which was covered on Sandy’s blog here (forgive me if there is coverage of more specific numbers elsewhere).