Troux Closes Largest Quarter in Company History
(Marketwire Via Acquire Media NewsEdge) AUSTIN, TX -- (Marketwired) -- 10/23/13 --
Troux, the global leader in Enterprise Portfolio Management (EPM) and Enterprise Architecture (EA) solutions, today announced record business results for Q3 2013, including more than 100 percent year over year growth for US government contracts and bookings in Europe. The extended period of significant growth reflects the increasing demand for solutions that deliver new insights into business operations and optimize IT strategy for desired business outcomes.
Troux adds several large global enterprises to its customer roster as it continues to meet the growing demand for businesses to more proactively and strategically manage IT in both the private and public sectors. Troux achieved record growth across multiple territories including nearly 145 percent growth in the Europe, Middle East and Africa (EMEA) markets. Additionally, the company reported record increases in both bookings and services worldwide.
Troux's solutions help business and IT leaders to make better decisions and ensure that IT initiatives align with business objectives. Gartner's 2013 Magic Quadrant for Enterprise Architecture Tools(1) report, in which Troux was recently positioned in the leader's quadrant for the seventh consecutive year, states, "The EA tool market continues to evolve toward delivering targeted business outcomes. Used effectively, EA tools enable leading organizations to meet the demands of today's complex business environment by capturing, integrating, analyzing and communicating information to guide business decisions."
In order to provide the quickest route to value for customers, Troux continues to sign strategic partnerships with global technology companies including major systems integrators Logicalis and Atos, a leading international information technology services company delivering consulting, systems integration and managed services.
"We continue to deliver on our promise of sustainable business value with another record quarter and the continued broad adoption of our solutions across geographies and industries," said David Hood, CEO of Troux. "Greater understanding of operations and how IT can be optimized to support business objectives is critical for gaining advantage in today's competitive business world. A successful Enterprise Architecture initiative, and the right solution partner, provides that clarity."
Also highlighting Troux's commitment to building and executing on EA programs that deliver measurable business value, Troux's customer, Cisco, was recently announced a winner of the prestigious 2013 InfoWorld/Forrester Enterprise Architecture Award. According to the InfoWorld article by Alex Cullen, Vice President and Research Director at Forrester, "The 2013 Enterprise Architecture Award winners offer important lessons about the power of creatively integrating enterprise technology and business strategies."
To learn more about how Troux customers are delivering business value, please click here.
(1)Gartner, Magic Quadrant for Enterprise Architecture Tools, Julie Short, October 3, 2013.
Troux's mission is to forever change the way businesses make decisions. With Troux solutions, business leaders, CIOs and their teams can use the power of Enterprise Architecture to successfully manage the connected set of enterprise portfolios that define their business. Better-informed decisions powered by the unique TrouxView™ Enterprise Portfolio Management approach helps businesses save money, reduce risk and increase business agility. With the largest and fastest growing base of successful customers, Troux delivers results for some of the world's best known brands including: American Express, AstraZeneca, Bayer Health Care, Boeing, Cisco, Disney, Fidelity, Lloyds, U.S. Department of Health and Human Services, U.S. Department of Homeland Security, Vodafone and Volkswagen Group of America.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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