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March 4, 2003 — (WEB HOST INDUSTRY REVIEW) — Web site building tools developer Rygroup (Nocode.biz) announced this week that it has begun to see success with its browser-based site creation tool, Nocode, designed for distribution alongside Web hosting solutions.
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According to Rygroup, the growth for the company is just a part of a larger, and very recent, boom for companies developing value-added offerings targeting the small to medium-sized enterprise market.
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Rygroup says there are several factors contributing to the recent rapid development of that market. Server-side technology, for one, has advanced to the point where it can provide the powerful Web site editing functions demanded by SMEs. Easier installation and integration have made value-added solutions more attractive to Service providers as well, says Rygroup, which made sure that its Nocode solution could run on any operating system and featured a simple installation.
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“And the third factor,” says Rygroup CEO Leon Young, “is having a licensing model that guarantees the SP’s profitability. We chose to do that by working on a revenue share, so that offering Nocode is immediately cash flow positive for SP’s. We also created a plan based business model, whereby our product would not just encourage, but actively up-sell customers to higher margin plans.”
