Compiere Repots itself for Growth

It seems that open source ERP provider, Compiere, is prepping itself for a lot of new growth. Today it announced (hot on the heels of bringing in Andre Boisvert as its Chairman of the Board and Chief Business Development Officer) that it would be moving its corporate headquarters to California’s Silicon Valley and at the same time that it secured a nice little VC nest egg of $6 M (USD).

The company’s press release (linked above) has CEO, Janke, stating “…the market’s demand for our product has outgrown our capability to scale the business accordingly.” And then Boisvert mentions that Compiere’s in a good position with its “…modern architecture at a time when many proprietary legacy ERP systems are approaching the end of their intended life cycle.” That sort of growth should keep Compiere’s model vibrant.

In April the company announced seven new implementation partners, which I think bodes well for its business model–a model largely based on second level support and training (in other words supporting its partners). The more partners implementing it the better. The company had a little over forty toward the end of 2004 and now claims more than seventy. Hopefully the additional funding truly will help it scale for those partners’ demands.

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