Liferay Reports Double Digit Growth
April 23, 2013
Liferay is known for their enterprise class open source portal technology. Today they are making headlines for strong reported growth. Read all of the details in the Silicon India News in their article, “Liferay Reports Another Year Of Double-Digit Growth.”
The report begins:
“Liferay, Inc., provider of enterprise-class open source portal, announced an impressive year of growth that included a greater than 50 percent increase in revenue as well as continued expansion in its community and business ecosystems. The company attributes its 2012 success to significant gains made through opportunities in the financial services, health care and government sectors around the world.”
Their revenue is derived mainly from Liferay Portal Enterprise Edition, which is seen as its flagship product. Liferay does good work, but the surge is also indicative of a general growth of open source enterprise search products. LucidWorks is another open source based enterprise search developer seeing growth. Their solutions are based on Apache Lucene/Solr and benefit from the large open source community supporting those components. Investigate a smart open source solution for your enterprise search needs.
Emily Rae Aldridge, April 23, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search
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