RightNow Reports Another Quarter of Growth
Updated · Apr 29, 2003
Customer service and support ASP RightNow Technologies today announced its 17th consecutive
quarter of revenue growth. The Bozeman, Mont.-based service provider reported for the first quarter of
2003 a 7 percent increase over the fourth quarter in 2002 and
29 percent jump from the same period a year ago.
According a company statement, it is cash-flow positive and increased staff by 10 percent. As a privately held company the Bozeman, Mont.-based service provider is not required to disclose its actual numbers.
Greg Gianforte, founder and CEO at RightNow, credits the company’s reported successs to fast implementation and quantifiable return on investment. “Today’s customers have little interest in long, drawn-out
enterprise software implementations that are rife with risk
and only offer a 50/50 possibility of achieving acceptable
RightNow offers multi-channel (phone, email, Web and chat) hosted
customer service applications designed to improve service quality
and reduce operational costs.
Thanks to its hosted model, the company reports, the average time to deploy, including training, customization and
integration work, was 38 days in the first quarter of 2003.
RightNow reports that new customers in the first quarter
include Corel Corp., Cabela’s, McKesson Corp. and
Other highlights included it extending its partnership
agreement with Mitsui, its exclusive partner in Japan.
Revenues in Japan from the first quarter in 2003 were up
70 percent from the fourth quarter in 2002, the company reports.
RightNow is listed by ASPnews as a Top 20 Service Provider.
Do you have a comment or question about this article or the ASP industry in general? Speak out in the ASP Discussion Forum.