DALLAS, May 28, 2019 /PRNewswire-PRWeb/ — M-Files Corporation, the intelligent information management company, today announced significant progress with the transition of its global partner network to a subscription and cloud-based business model. A new global partner program, innovative licensing options and new software features streamlined and accelerated the transition to M-Files software-as-a-service (SaaS) solutions for both customers and partners.

In the first quarter of 2019, 83 percent of business that came through M-Files partners in the U.S. was subscription-based. The adoption of subscription-based services was reflected worldwide as well, with an average of 54 percent in Europe and 72 percent in Australia / New Zealand, respectively. As the industry moves rapidly toward subscription and cloud-based models, M-Files is poised for significant growth, and the company’s extensive experience delivering cloud solutions based on the Microsoft Azure infrastructure is paving the way for its partner community to follow suit.

With a subscription-based business, M-Files partners can close business faster, thanks to the ability to flexibly scale a deployment up or down with simple pricing and licensing and a shift from capital to operational expenses, which collectively reduce risk for customers. Since M-Files customers spend less upfront for licensing, they can invest more in professional services delivered by partners, resulting in a solution more tailored to their needs. They also benefit from continuous-improvement of the M-Files solution with automatic, regular updates included with the subscription. Finally, an increasing recurring revenue stream creates more commercial stability for M-Files partners as they work and invest to grow their business.

M-Files broadened its subscription business model with the launch of M-Files Online in August 2018. M-Files Online is the first information management solution to offer “all-in-one” licensing for on-premises, hybrid and cloud use. With its unique approach, M-Files decouples the transition to subscription-based licensing from the transition to the cloud. This means that an M-Files Online customer can use the same license on-premises, in the cloud, or a hybrid mixture of both. This makes all M-Files Online customers instantly “cloud ready,” even if they are not yet ready, or simply don’t want to move to the cloud. They can then begin leveraging the cloud in a phased and targeted manner as they choose.

“Our partners are seeing the same recurring and compounding benefits we are from the subscription-based business model,” said Scott Erickson, senior vice president of worldwide channel sales at M-Files. “Our partners are strategic to us and we’re deeply committed to their success, so it’s exciting to see the high and increasing percentage of subscription-based revenue they’re generating. It shows that our solutions, business model and global partner program are working well for them and for M-Files.”

“As a longstanding partner of M-Files, Marco Technologies greatly benefits from the commitment and investment M-Files continues to make to help its partners transition to a subscription-based business,” said Kurt Meemken, director of software solutions at Marco Technologies. “We’re particularly excited about the growing momentum and positive reception for M-Files Online in the market. With a single license for both on-premises and cloud deployments, along with instant cloud readiness, it offers enhanced flexibility to better meet the specific needs of our customers.”

To learn more about the global partner program, visit: https://www.m-files.com/en/partners

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About M-Files Corporation
M-Files provides a next-generation intelligent information management platform that improves business performance by helping people find and use information more effectively. Unlike traditional enterprise content management (ECM) systems or content services platforms, M-Files unifies systems, data and content across the organization without disturbing existing systems and processes or requiring data migration. Using artificial intelligence (AI) technologies in its unique Intelligent Metadata Layer, M-Files breaks down silos by delivering an in-context experience for accessing and leveraging information that resides in any system and repository, including network folders, SharePoint, file sharing services, ECM systems, CRM, ERP and other business systems and repositories. Thousands of organizations in more than 100 countries use M-Files for managing their business information and processes, including NBC Universal, OMV, Rovio, SAS Institute and thyssenkrupp. For more information, visit http://www.m-files.com.

M-Files is a registered trademark of M-Files Corporation. All other registered trademarks belong to their respective owners.

Media Contact:
Webbo Chen
10Fold for M-Files
415-800-5367
m-files(at)10fold(dot)com

SOURCE M-Files, Inc.