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Amber Road CEO: Global Trade Management Going to the Cloud

Amber Road shares popped in its first day of trading Friday, but the cloud-based Global Trade Management (GTM) platform provider is anything but an overnight success, says the company's CEO Jim Preuninger. He says the firm has been developing its Fortune 500 customer base for years and continues to expand with global trade. Amber Road posted $53M revenue in 2013, up 21% from the prior year, and Preuninger expects more growth ahead as companies move from their old systems to the cloud.