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.”

PV-Tech Storage Promo

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 25th Edition

    In this issue we offer some insights into what the next wave of photovoltaic technologies may look like as that upturn gathers pace. Industry observers have been in broad agreement that the major next-gen PV technology innovations won’t happen straight away. But there’s also little doubt that the search is now on in earnest for the breakthroughs that will come to define the state of the art in the industry in the years to come.

  • Manufacturing The Solar Future: The 2014 Production Annual

    Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.

Partners

Acknowledgements

Solar Media