ANAHEIM, Calif. – February 27, 2024 – Parsec Automation Corp. (Parsec), the revolutionary chief in Manufacturing Execution Techniques (MES), as we speak unveiled one other record-breaking efficiency in 2023. The yr marked milestones in development and buyer acquisition, with the corporate reaching a robust double-digit enhance in bookings, income, and earnings regardless of a difficult world financial panorama. Parsec’s success is highlighted by the widespread deployment of its flagship platform, TrakSYS™, and a big enlargement in its numerous buyer base throughout key sectors.
2023 at a Look: A 12 months of Breakthroughs and Accolades
● Introduced a significant recapitalization led by BVP Forge in July 2023, designed to scale Parsec’s platform, speed up development, and maximize buyer influence.
● Achieved record-setting gross sales, culminating in a year-over-year income development for the seventh consecutive yr, a testomony to the corporate’s strong market presence and innovation.
● Earned #1 rankings in 3 of 4 Gartner Vital Capabilities for MES Use Instances, reinforcing Parsec’s dominance in Steady Course of Manufacturing, Batch/Repetitive Stream Manufacturing, and Extremely Regulated Industries.
● Enhanced dedication to safety and high quality, demonstrated by the attainment of ISO 27001 certification and the continuance of its ISO 9001 certification, guaranteeing the best requirements for Parsec’s shoppers.
● Strengthened its management crew with strategic appointments, including trade veterans because the Vice President of International Gross sales and Vice President of Skilled Companies, bringing contemporary views and seasoned experience to its govt crew
Parsec credit its sustained success to its philosophy of growing an MES that really aligns with the wants of producers. This method has resonated profoundly with shoppers in prescription drugs, meals and drinks, chemical substances, and shopper packaged items. This alignment was impactfully illustrated by a current report by IDC, which showcased a 400+% three-year ROI realized by many massive enterprise clients utilizing TrakSYS.
Eddy Azad, CEO of Parsec, displays on these achievements: “This yr’s success is not only about numbers; it demonstrates our unwavering dedication to excellence and innovation in manufacturing. Our dedication to delivering unparalleled worth is obvious within the newest launch of TrakSYS, which embodies our promise of ‘making the administration of advanced manufacturing operations so simple as attainable.’ We stay centered on bringing extraordinary worth to our shoppers by way of steady enchancment and innovation.”
Waiting for 2024, Parsec is uniquely positioned to additional its mission of democratizing MES. With new choices and licensing approaches, the corporate is about to make environment friendly operations administration much more accessible to producers worldwide.
About Parsec Automation
Parsec is the developer of TrakSYS, a confirmed manufacturing execution system designed to considerably enhance manufacturing processes. Parsec is dedicated to offering best-in-class merchandise and options to its worldwide group of shoppers to help them in optimizing their manufacturing operations. There are millions of TrakSYS licenses in use across the globe in all kinds of industries.
TrakSYS helps producers to maximise asset utilization and effectivity, enhance capability with no new capital tools, scale back manufacturing prices, lower lead time, and enhance profitability. For extra details about Parsec and TrakSYS, please go to the company web site at www.parsec-corp.com.
Contacts Kate Aviv Matter Communications kaviv@matternow.com