Influx of companies building smart, connected products fuels company growth, spurs further expansion to satisfy growing global customer needs.
Today, Jama Software announced the opening of its European headquarters in The Netherlands. The expansion of Jama Software’s footprint reflects a commitment to serving innovators around the world, and increasing the level of local support and service to a growing number of global customers developing new products in Europe.
“Our entire company is laser-focused on the mission of modernizing, digitizing and transforming the complex product development process for our customers” said Scott Roth, CEO of Jama Software. “Many of the world’s most innovative products are being built using Jama Software. Therefore, it’s essential that we evolve our organizational structure and offerings to serve the growing needs of our customers.”
According to the Industrial Research Institute, more than 21% of the world’s R&D investment was scheduled to come from Europe in 2016, accounting for more than $300 billion in spend. In Jama Software’s Fiscal Year 2017, which concluded April 30, more than 100 new companies globally started using Jama Software’s product development platform and 250 existing customers expanded their usage.
“As a global business, a significant portion of our R&D takes place in Europe. Jama Software’s success underpins our success and I’m very pleased to see Jama Software expanding its presence in the European market.” said Grant More, Head of Systems Engineering at Jama Software customer Analog Devices in Edinburgh. “Jama Software plays a valuable role in our product development process and we look forward to even closer partnership with them into the future.”
Jama Software’s new customer growth is fueled by industries that are undergoing transformation driven by the rise of IoT and the realization of smart, connected products. Growth in customer count across medical, automotive, semiconductor, aerospace, consumer and industrial technologies is the result of massive product innovation in those industries. New customers include Abbott Diagnostics, Cadence Design Systems, Ekso Bionics, Facebook Connectivity Lab, Gogo Inflight, NIO Automotive, Schneider Electric and Spaceflight Industries.
In its 2017 fiscal year, Jama Software launched its partner alliance program, achieved certification by TÜV SÜD for safety-related development, introduced its Functional Safety Validation Kit, released major product updates including live traceability enhancements and recognition as one of Oregon’s Most Admired Companies by the Portland Business Journal.