DocuWare increases global sales
| 06 February, 2020
DocuWare, provider of cloud solutions for document management and workflow automation, announces its 2019 global results. The company achieved 54.8 million euro in total revenue – an overall growth of 17 percent over 2018. Most notable contributor within this revenue increase is the expansion in cloud customers which has risen by 71 percent YOY and now accounts for 13.4 million euros of total 2019 revenues.
In a year of leadership transition and ownership changes, the company’s outstanding success is attributable to DocuWare’s thriving partner network as well as the strategy to operate as an independent subsidiary of Ricoh Company, Ltd.
"DocuWare is built on the success of our partners. When they succeed, we all succeed. Our strategy is to remain an independent company and brand within the Ricoh family, enabling our full partner ecosystem to confidently sell our software. Our record-setting year proves this strategy is working, and our relationship with partners has never been stronger,” states Max Ertl, President DocuWare Group.