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Eyelit advises of record high in Q4 revenue

Eyelit has completed tallying its financial results for Q4 and the full year 2011. The company did not release specific numbers, but advised that it had completed a record high in Q4 revenue with new customer sales doubling in 2011, over numbers in 2010. Eyelit noted that 50% of its new customers are large multinational corporations with revenues topping US$1 billion.

The company also credited its strong financial results to the deployment of its services in India and England, bringing its worldwide operation to 16 countries on 5 continents. Additionally, the company added staff to its services, development, quality assurance, operations and marketing operations to support growing customer demand.

“Eyelit’s record fourth quarter revenue bodes well for 2012. The dramatic increase in new accounts signals a resurgence of investment by our target industries, despite the slowdown in solar,” stated Dan Estrada, Eyelit’s vice president of sales and marketing. “Our rapid growth is in part due to manufacturers recognizing the risk of implementing or continuing to run legacy systems that use dated software and hardware that have neared or reached the end of their lifecycles. Our expanding product portfolio provides the state-of-the-art technology that companies can rely on to establish their next-generation corporate baseline. Eyelit has already successfully migrated a number of companies from legacy systems with a proven, safe, and secure migration solution.”


  • Photovoltaics International 29th Edition

    Forecasting the evolution of a young, dynamic industry is by definition an uncertain business, and solar is no exception. Rarely, if ever, do the numbers broadcast by any of the various bodies involved in the PV prediction game tally, and even historical deployment rates remain the subject of hot debate. The paradox is that getting forecasts broadly right is going to become increasingly important over the next few years, particularly for those involved in producing the equipment that will support whatever levels of demand come to pass.



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