Fortune 500 Companies Flock to Yammer

(PRWEB) April 27, 2010 -- Yammer, Inc., the leader in Enterprise Microblogging and Real-time Communications, today announced strong momentum with Fortune and Global 500 companies. Leading companies such as Cisco, Nationwide, AstraZeneca, Alcatel-Lucent, SunGard, and Molson Coors have upgraded to Yammer’s paid product, which gives them advanced control, customization, and security capabilities. Yammer provides companies with a frictionless way to increase communication and sharing among their employees. Large enterprises are also utilizing the recently introduced Yammer Communities product to improve communication with their external business networks such as customers and partners.

Customer Momentum

•    More than 10,000 companies and organizations created new Yammer networks in Q1 2010, bringing the total to more than 70,000

•    More than 70% of Fortune 500 companies are using Yammer

•    Paid customers include:

o    3 of the 10 largest pharmaceuticals companies in the world

o    2 of the 5 largest network communications equipment companies in the world

o    1 of the 5 largest entertainment companies in the world

o    1 of the 5 largest financial data services companies in the U.S.

o    1 of the 5 largest beverage companies in the U.S.

Strong Q1 2010 Results

•    Q1 2010 sales exceeded Full Year 2009 sales (previously, Yammer announced 7-figure sales in 2009)

•    More than 100% bookings growth as compared to Q4 2009

•    More than 45% growth in number of paid users as compared to Q4 2009

“Q1 was a phenomenal quarter for us,” said David Sacks, CEO at Yammer. “We continued to gain acceptance among many of the world’s leading enterprises. The fact that companies like Cisco, Nationwide, and SunGard trust Yammer as a secure, scalable, and valuable communication platform signifies to other leading, global enterprises that they can, too. Yammer was the first company to bring real-time feeds into the enterprise, and clearly this is an idea whose time has come.”

More than 70,000 companies and organizations of all sizes and across a wide range of industries are benefiting from Yammer. They use Yammer for a multitude of reasons, including improving workforce productivity, connecting a geographically dispersed team, and increasing the flow of content and knowledge.

About Yammer, Inc.

Yammer (www.yammer.com) is the market and technology leader in Enterprise Microblogging and Real-time Communications. By enabling crisp and frequent updates to be posted by employees, Yammer is revolutionizing the way companies communicate, collaborate, and share content. As information is posted, a feed is created in one central location enabling co-workers to discuss ideas, post news, ask questions, and share links and other information. More than 70,000 companies and organizations are using our award-winning Software-as-a-Service (SaaS) solution to improve employee productivity and financial results.

Press Contact:

Steve Apfelberg

Yammer, Inc.

415-968-5737

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