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ANAHEIM, Calif. – February 27, 2024 – Parsec Automation Corp. (Parsec), the progressive chief in Manufacturing Execution Methods (MES), right now unveiled one other record-breaking efficiency in 2023. The 12 months marked milestones in progress and buyer acquisition, with the corporate reaching a powerful double-digit improve in bookings, income, and earnings regardless of a difficult international financial panorama. Parsec’s success is highlighted by the widespread deployment of its flagship platform, TrakSYS™, and a major enlargement in its various buyer base throughout key sectors.
2023 at a Look: A Yr of Breakthroughs and Accolades
● Introduced a serious recapitalization led by BVP Forge in July 2023, designed to scale Parsec’s platform, speed up progress, and maximize buyer impression.
● Achieved record-setting gross sales, culminating in a year-over-year income progress for the seventh consecutive 12 months, a testomony to the corporate’s sturdy market presence and innovation.
● Earned #1 rankings in 3 of 4 Gartner Essential Capabilities for MES Use Instances, reinforcing Parsec’s dominance in Steady Course of Manufacturing, Batch/Repetitive Circulation 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, making certain the best requirements for Parsec’s shoppers.
● Strengthened its management group with strategic appointments, including business veterans because the Vice President of World Gross sales and Vice President of Skilled Companies, bringing recent views and seasoned experience to its government group
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 prescribed drugs, meals and drinks, chemical compounds, 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 giant enterprise clients utilizing TrakSYS.
Eddy Azad, CEO of Parsec, displays on these achievements: “This 12 months’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 complicated manufacturing operations so simple as attainable.’ We stay centered on bringing extraordinary worth to our shoppers by means of steady enchancment and innovation.”
Looking forward to 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, improve 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
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