Wolfram Research "Anchored" to Steady Growth
Products and Services Lead to Increased Sales Support
The computer industry is
notorious for the breakneck speed at which products and markets change.
New technologies can lead to multimillion-dollar companies in just a few
years. For a high-tech city like Champaign, Illinois--just listed by Newsweek
magazine as one of the world's 10 most "wired" locales--the pace results in
a continual series of start-up companies. But the sad fact is that long-term
successes are much rarer.
That is why Newsweek and Crain's Chicago Business have
both named the same firm as Champaign-Urbana's long-term "anchor"
company: Wolfram Research, founded by pioneering scientist Stephen
More than a decade has passed since Wolfram Research
first released Mathematica, the award-winning technical computing
system that forever changed the kinds of calculations computer users can
perform. Since the beginning, the system has been embraced by scientists,
engineers, and students. The steady growth of Mathematica's user base
into other areas--like financial analysis--has let Wolfram Research bloom
into an international business employing more than 250 worldwide. Wolfram
Research has turned a profit every year since Mathematica's release in
"Wolfram Research has always been a very
technology-intensive company," said Stephen Wolfram. "Our success has let
us concentrate on building outstanding technology for the long term, and
we've developed an impressive array of offerings for many markets. Now
we'll refocus our activities in sales, marketing, and business development to
take the best advantage of all that technology and to position our company
for the strongest possible growth in our second decade."
Bonadies, a 10-year Wolfram Research veteran, will take charge of the
newly integrated Sales and Marketing division, where he will concentrate on
coordinating sales and marketing operations and growing the sales force.
Conrad Wolfram, a seven-year Wolfram Research veteran and younger brother
of Stephen Wolfram, will continue his roles as Director of Strategic and
International Development and as Managing Director of U.K.-based
Wolfram Research Europe Ltd. He will also take charge of technical
marketing and new product initiatives.
Adds Stephen Wolfram:
"Conrad and John have always brought great energy to our organization. I look
forward to seeing them achieve new peaks of business success for Wolfram
Research in their expanded roles."