With a 583% growth in new subscription sales and a renewal rate above 90% for the first half of 2008,
eZ Systems has proven its Enterprise Open Source business model with two straight profitable quarters.
Based on the freely downloadable Content Management System eZ Publish, eZ's business model focuses on
yearly subscriptions that include support, maintenance, and guarantees, sold through eZ itself and
third-party eZ Partners.
eZ's profitability comes after 8 years and more than 10 million USD of investments, all going towards building the scalable Open Source business model.
Read the whole story in the news section
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