M-Files Inc., the developer of M-Files metadata-powered cloud, on-premise, and hybrid enterprise content report3d that revenues increased 44 percent in 2012, culminating in a six-year growth rate of 782 percent.
The number of on-premise M-Files licenses sold in 2012 increased 39 percent over 2011, and the M-Files on-premise user base grew by 46 percent over this same period. In addition, M-Files experienced a significant increase in the adoption of its cloud-based ECM solutions, with a 190 percent increase in cloud users and a 227 percent increase in cloud-based revenue in 2012 over 2011.
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