OrcaEyes Experiences Unprecedented 508% Revenue Growth in 2010

Attributes success to uptick in workforce planning initiatives in organizations worldwide.

OrcaEyes, developer of SonarVision Workforce Intelligence Software and the leading authority in business-workforce analytics, announced today that it has achieved unprecedented year over year growth. The company's 508% increase in revenue for 2010 marks a new high for OrcaEyes, sets the pace for future exponential growth and provides a solid foundation for user-driven product development.

OrcaEyes' growth is a result of the addition of several new effective partnerships and large clients in 2010. In November and December alone, significant new clients to OrcaEyes included the Dallas-Fort Worth Hospital Council, along with three of its local, member hospital groups accounting for more than 50,000 employees combined. It also added Tampa Electric Company, Farmers, Foremost, Zurich and 21st Century Insurance. On the strategic alliance side, the company entered into an exclusive agreement with Crain Communications to provide research and benchmark reports on data from its newest product—SonarVision On Demand; as well as a distribution partnership with HR.com.

"Our employees have dedicated so much effort to the current success and future capabilities of our customers. It's an honor to be part of this amazing team. The momentum is stunning and thrilling," said Dan Hilbert, Founder and CEO of OrcaEyes. "In the last 18 months, we have experienced rapid growth in revenue and fast adoption rates at the business level for organizations implementing our solutions. OrcaEyes has a number of announcements pending in the first quarter including new product releases and enhancements, as well as the ongoing development of new strategic partnerships. Overall, it's a very exciting time for OrcaEyes and our customers."

OrcaEyes' innovative software products—SonarVision Enterprise, SonarVision On Demand and SonarVision Talent Intelligence—allow organizations to understand in detail how internal and external factors impact the workforce and further, how those workforce dynamics impact the business financially and operationally. With the baby boomers reaching retirement age and the economy improving, many organizations have begun to research how to manage their workforce needs in future years. OrcaEyes' technology is a great tool for accomplishing this as one of the only tools on the market with predictive workforce analytics.