Mar 25, 2003 : NaviSite Renews Customer Contracts
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👈 Official Responses: 0) announced on Tuesday that it has seen an increase of 30 percent in its enterprise customer renewal rate for the three months ending January 31, 2003, versus the same period a year earlier.
NaviSite renewed managed services contracts with a number of significant customers, including Mitsubishi, XM Satellite Radio, Lippincott, Williams & Wilkins and Kluwer Academic.
The company has also focused on securing ongoing commitments from several of its mid-sized enterprise customers, including Burton Snowboards, Dresser-Rand Company, ByAllAccounts, element K, NextMark and the MIT magazine of innovation, Technology Review.
"We are excited to see the market validate our direction and customers put their trust in our people," said Arthur Becker, NaviSite CEO. "Our industry is still going through tremendous shifts and changes, and NaviSite has made some bold moves. Our customers are showing us they like what we're doing and where we're going. That's how a company takes the lead position."
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Company: NaviSite
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