Troux Posts Record-breaking Q1 Results
Momentum continues to build for breakthrough Strategic IT Planning
software
Troux Technologies today announced record Q1 revenue for the period
ending March 31, 2008. The company posted more than 40 percent growth
from Q1 2007, demonstrating growing global market acceptance of the
company's breakthrough Strategic IT Planning software that drives
greater IT economies of scale, increases speed and accuracy of planning
cycles, and minimises risks associated with business and IT
transformation initiatives.
"We are delighted to announce this record quarter, and equally gratified
by the significant growth of interest from new customers - last quarter,
new opportunities in our pipeline expanded by more than 50 percent,"
said David Hood, Troux's CEO. "These results prove that the market is
quickly maturing beyond the stage of relying on point tools and
departmental-level solutions to execute enterprise business
transformations. In addition to a number of new global accounts, more
and more existing customers are increasing their investment in Troux,
underscoring our keen focus on operational excellence worldwide."
Troux completed transactions with more than 40 new and existing
companies around the world in Q1, including: Caterpillar, (USA),
National Prosecuting Authority (South Africa), Seco Tools (Sweden) and
VocaLink (United Kingdom).
Q1 also marked the release of Troux 7.1 with new out-of-the box support
to accelerate specific transformations - including application
consolidation, application reduction, SOA investment planning, IT
simplification, IT standards management, outsourcing and infrastructure
consolidation. Troux 7.1 also achieved TOGAF certification from the Open
Group.
Find out more about Troux 7.1 at http://www.troux.com/products/
Troux Technologies provides the largest Global 2000 enterprises and
governments with strategic IT planning software that helps their IT
departments to keep pace with increased business change without adding
operational risk. Troux's breakthrough strategic IT planning software
unlocks the power of Enterprise Architecture to provide IT leaders with
instant access to reliable intelligence, better insight into complex
interdependencies and comprehensive impact analysis through scenario
planning. As a result, IT teams can accelerate and scale business
change initiatives, with faster and more informed decisions, expertly
executed initiatives and unprecedented accountability to the business.
Troux's customers and partners include: Accenture, AstraZeneca,
Barclays Bank, Disney, Department of Homeland Security, Fiducia, Los
Alamos National Laboratory, GMAC, VocaLink and Vodafone.
To learn more visit www.troux.com.
###
For further information, please contact:
Nick Morris
dogandbone PR
+44 (0)777 553 1593
nick@dogandbone-pr.com
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Title: Troux Posts Record-breaking Q1 Results
Re: Troux
Date: 15/04/2008
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