TORONTO, Jan. 29 /CNW/ -- Dyadem, the market leader in Quality Lifecycle
Management and Risk Lifecycle Management solutions, today announced that it
achieved record growth in 2008. Fueled by key customer wins in the oil & gas,
medical device and pharmaceutical industries, Dyadem achieved year-over-year
revenue growth of 44%.
"As companies became more cost-conscious and bottom-line oriented during
this global recession, Executives' priorities switched from growth initiatives
to cost reduction initiatives. Their new focus found compelling value in
partnering with Dyadem to help them achieve their goals while mitigating the
risks introduced in the cost reduction process," said Kevin North, President
and CEO of Dyadem. "With Dyadem's solutions, our customers were able to
automate critical quality and risk management processes and gain visibility
into the risks introduced by rapid changes in a company's production, staffing
and supply chain."
Dyadem plans to continue its growth with three new offices in 2009.
Opening next month is a headquarter office in London, which will serve as a
hub for Dyadem's growing customer base in Europe, Middle East and Africa. A
third North American office in Boston, Massachusetts, which will provide a
second U.S. training facility, is also planned to open in 2009, along with the
move and expansion of Dyadem's worldwide headquarters in Toronto. In 2008,
Dyadem established its U.S. headquarters in Houston, Texas, meeting the demand
of its large base of customers in the oil & gas industry.
Dyadem's Stature is a web-based, enterprise Quality Lifecycle Management
and Risk Lifecycle Management platform that helps organizations standardize
their quality and risk processes across plants and geographies, ensuring that
knowledge is shared and that issues can be resolved at the root, before
multiplying throughout operations. Stature allows for a centralized workspace
that reduces redundant information, ensures cross-functional collaboration,
and enables continuous improvement through end-to-end management of quality
and risk lifecycles. Stature 4.0 will be available later this year.
Dyadem was also honored with several awards for both its management and
products. President and CEO Kevin North was chosen as one of Supply & Demand
Chain Executive magazine's "Pros to Know" and was named a finalist by Network
Products Guide as a Most Valuable Performer. Dyadem's Stature platform is
also a finalist in Plant Engineering magazine's 2008 Product of the Year
competition, which will announce winners early this year. And finally, Dyadem
was named a 2009 Hot Companies finalist by Network Products Guide.
Dyadem is the market leader in Quality Lifecycle Management and Risk
Lifecycle Management solutions. Dyadem provides software and services that
empower companies to manage quality, mitigate risks, achieve regulatory
compliance, plan for business continuity and improve profitability. Dyadem
works with 85% of the Fortune 500 companies and serves the high tech &
electronics, medical devices, oil and gas, chemical, automotive,
pharmaceutical and aerospace and defense industries. For more information,
For further information, contact:
Text 100 Public Relations
For further information:
For further information: Maureen Robusto of Text 100 Public Relations,
+1-617-399-4916, email@example.com Web Site: http://www.dyadem.com