Ann Arbor, MI, Feb 24, 2024 – Oberon Technologies®, Inc., a leading provider of innovative extended reality (XR) training and information delivery technologies, today reported financial results for the 2024 fiscal year which ended December 31, 2024. The company reported a 25% growth in Titania® software bookings when compared to fiscal year 2023, supported by continued expansion from existing customers and several key new additions.
While uncertainties in the 2024 political climate slowed overall investments in new technologies, Oberon was delighted to achieve double-digit growth in adoption of Titania® software and significant increases in related expert professional services. Illustrative of the confidence Oberon clients have in the solutions, many existing customers further committed to multi-year contracts across industries including Med Tech, Automotive, Industrial Machinery, and Energy. Oberon also added significant new clients including the Nuclear Regulatory Commission, Evolution Wells, and Fresenius-Kabi among others.
Oberon continues to invest in adding key resources to maintain its 100% project success track record and delighting clients by completing projects on-time and on budget. By reinforcing the Titania® Delivery Platform with new capabilities to support integrations with business systems and AI applications, Oberon ensures its customers can provide business critical information to their consumers both internal and external. Making information readily accessible and available to all who need it results in increased employee and customer satisfaction.
Continuous improvement is a tenet of Oberon’s growth. Oberon continues to focus on helping its client advance to the next levels in their digital transformation journey, leveraging the latest technology and best practices. Oberon’s expert solution architects are able to meet clients where they are on their journey and help them make near-term improvements, plan for the future and identify all the resources they need to succeed.
About Oberon Technologies® Inc.
Oberon Technologies® is the leading provider of innovative extended reality (XR) training and information delivery technologies. Oberon leverages both physical and virtual worlds to deliver critical business information for its clients. From collaborative web authoring tools to immersive virtual reality (VR) environments, Oberon’s consultants architect, design, implement, and optimize solutions for companies that value safety and efficiency. Oberon’s clients span a variety of industries, including manufacturing, energy, life sciences, software, utilities, and many more. Many companies have come to trust Oberon for delivering innovative and effective documentation and training solutions. Oberon has helped hundreds of companies reduce costs, increase revenue, and improve information quality. For more information, visit www.oberontech.com.
Public Relations Contacts:
Vi Kellersohn, Oberon Technologies®
[email protected]
734.418.0104