Business process and enterprise content management converge due to shared documentation.
Bernadette Nixon · 1225 Enterprise Management Company Alfresco Passes $100M ARR, IPO Next? · Dec 1, 2018 · at 4:51
Bernadette Nixon, CEO of enterprise software company Alfresco, explains the core thesis behind combining content management and process automation.
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“I'd always believed in this notion of process and content coming together, because every process typically has some content associated with it.”
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More from Bernadette Nixon
Alfresco has surpassed $100 million in annual recurring revenue.
“We've broken through the hundred million mark and, you know, we're looking, looking at, you know, how do we double it?”
Alfresco contracts range from $20,000 for legacy to millions for enterprise.
“And you know, a lot of companies that are with us from those days, Pay us probably 20 K a year, but over the years we've gone upmarket in terms of serving some of the largest companies and governments globally, and those customers can end up spending, you know…”
Alfresco enterprise customers typically start around $200,000 and expand over time.
“I, I'd say people start at probably 200 K and they build up from there.”
Alfresco serves roughly 1,370 customers and millions of end users.
“Roughly about 1313 170 customers, but when you look at the number of users that we have, it's in the millions.”