INgage Networks Achieves Record Year in 2010, Forecasts Even Greater Opportunities to Meet Social Software Needs in 2011
INgage Networks reports a stellar year of growth, financial performance and industry recognitions in 2010.
Naples, FL (PRWEB) January 6, 2011
INgage Networks, an award-winning provider of enterprise social software, reports a stellar year of growth, financial performance and industry recognitions, as highlighted below.
CUSTOMERS
INgage Networks experienced its best financial year in the company’s 11-year history, with record revenue gains and the launching of several successful social media initiatives for customers, including: • Its fourth year to power the $25 million Knight News Challenge – the second largest innovation contest in the world. For the first time, a grant from Google Inc. to Knight Foundation was partially used to increase the 2011 prize money by $1 million.
• A first-of-its-kind partnership with Michigan State University (centered in the College of Communication Arts & Sciences) to use INgage Networks’ software to help solve challenges facing the State of Michigan. The partnership brings together government, businesses and citizens, as well as expertise from the various colleges and departments at MSU, to develop solutions intended to rebuild Michigan’s economy.
INDUSTRY RECOGNITIONS
2010 Software & Information Industry Association (SIIA) CODiE Award Finalist for “Best Social Networking Solution,” of which INgage Networks is a two-time consecutive winner.
2010 Red Herring 100 North America Award Finalist – a prestigious list honoring the year’s most promising private technology companies across North America.
Innovation Michigan 2010 Award Finalist for the partnership between INgage Networks and Michigan State University, which aims to solve statewide problems using social software.
In the Evoke CRM Partners B2B Social Marketing Study, INgage Networks landed solidly in the “Early Movers & Mavens” category.
IDC named INgage Networks as one of 10 Innovative Software Companies Under $100M to Watch for 2010 for its innovative approach to social business solutions.
INgage Networks was included in Enterprise Social Networking and Collaboration, a book published by UK-based analyst firm Martin Butler Research. The firm gave INgage Networks a rating of Excellent.
Patricia Seybold Group's Online Community Platform Company and Product Update - 1H 2010 noted INgage Networks as a serious player in the enterprise social software space, with a foothold in the higher learning and government sectors.
In the Gartner Magic Quadrant for Externally Facing Social Software 2010, INgage Networks’ strengths include strong analytics, professional services for implementing an online community strategy, and robust support for mobile applications.
In the Forrester Research report, Enterprise Social Networking 2010 Market Overview, INgage Networks is included among the dominant vendors for its ability to provide internal and external networks for purposes such as crowdsourcing and product development.
CRM expert, ZDNet blogger & best-selling author Paul Greenberg included INgage Networks in his CRM Watchlist 2010.
THOUGHT LEADERSHIP
Published six customer case studies and nine industry white papers, including the recent marketing eBook recounting the company’s rebranding from ‘Neighborhood America’ to INgage Networks.
INgage Networks’ executive team was invited to speak at several prestigious industry conferences this year: o Frost & Sullivan’s Growth, Innovation & Leadership (GIL) 2010: Silicon Valley – Dan Miller, EVP of Business Strategy
o SIIA All About Mobile 2010 – Dan Miller, EVP of Business Strategy
o Microsoft Worldwide Partner Conference (WPC) 2010 – David Bankston, Co-founder & CTO
o Michigan State University Extension Conference – Kim Patrick Kobza, Co-founder & CEO – video presentation
Launched an on-demand video series called IN the House, which features an entertaining look at the company, its technology & its people. STRENGTHENED EXECUTIVE TEAM
Promoted Christine Buonocore (Richards) to Vice President of Customer Experience, leading our business analysts, customer service and account management teams to maintain healthy customer relationships and account growth.
Promoted Scott Mitchell to Vice President of Technology & Product Development, placing a greater emphasis on our product engineering and architecture to ensure scalability and alignment with our customers’ growing needs.
SUPPORTING QUOTE
“We started this company on the premise that we could think the unthinkable and make it a reality, and we’ve hit some extraordinary milestones along the way. While we realized many accomplishments in 2010, 2011 is our time to accelerate our leadership. We will continue to approach the market with all of the inventiveness, imagination, and dedication for which this company stands.” – Kim Patrick Kobza, President and CEO of INgage Networks
SUPPORTING RESOURCES
INgage Networks Media Room INgage Networks Awards INgage Networks Analysts
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