Ann Arbor, MI, May 3, 2024 – Oberon Technologies®, Inc., a leading provider of innovative extended reality (XR) training and digital transformation solutions for dynamic information delivery, today reported financial results for its first quarter of fiscal year 2024, which ended March 31, 2024. The company reported a 121% growth in Titania software bookings compared to Q1 fiscal 2023 year, continuing a track record of strong SaaS growth.
Oberon clients continue to see tremendous value in customer software implementations, with dozens expanding their use cases to support critical initiatives across multiple departments including technical support, field services, engineering and marketing. Oberon clients are providing new audiences both internal and external with access to more virtual environments for training, orientation and collaboration. Oberon expert services are leveraged by customers to implement and expand the creation of structured content and automating content delivery to downstream applications. Providing access to more intelligent content enables greater use of AI applications to offer their consumers more effective product and service information.
“Our clients are confidently expanding their use of Titania Software and relying on the proven expertise of our professional services staff to enable more of their enterprise teams to share and distribute product, service and training information,” says Todd Burdin, VP of Operations. “Our team is dedicated to our clients and our 100% project success track record. We don’t lose sight of the fact that, for many of our customers, our Titania solutions are business-critical applications.”