Ann Arbor, MI, Dec 23, 2024 – Oberon Technologies®, Inc., a leading provider of digital transformation solutions including dynamic information delivery and innovative extended reality (XR) training, today reported financial results for its third quarter of fiscal year 2024, which ended September 30, 2024. The company reported a 47% growth in Titania software bookings, with the addition of new accounts and increased uses among Med Tech and energy manufacturers.
Titania software users vary across multiple manufacturing and energy sectors. This quarter Oberon continued its SaaS growth adding new client adoption of the Titania eIFU solution and expanding use cases in VR training solutions with existing energy industry leaders. End consumers continue to prefer receiving product, service and training information in interactive and electronic formats. A growing number of organizations in heavily regulated industries like energy and Med Tech are increasingly making electronic files available to both internal and external consumers for easier information access and more intelligent search, while printed documents are still available on demand.
“We are seeing an increasing number of Med Tech organizations making information available both digitally as well as in print (where required) for patients and medical professionals to provide greater client service, reduce compliance risk and contribute to a more sustainable environment,” says Joe Jenkins, VP of Partnerships. “For many clients Titania Delivery provides the perfect solution to make digital assets in all formats readily available online while also ensuring users can quickly request printed materials and reach OEM experts if needed. We are thrilled to see growing adoption of Titania as an online delivery platform for electronic instructions for use (eIFU), quality documents and much more, all delivered with the highest levels of security, compliance, efficiency and accuracy.”