AUSTIN, TX — (Marketwired) — 07/30/13 — , the global leader in (EPM) and Enterprise Architecture (EA) software, today announced Q2 2013 closed as the second best quarter in company history, with record new account acquisition and 100 percent customer retention. The persistent growth reflects an increasing demand for Enterprise Portfolio Management solutions and related Software as a Service offerings.
Troux continues its momentum with its largest Q2 ever, bolstered by a strong performance for US Commercial and Federal sales, which increased 66 percent YOY. The company continues to meet the growing demand for businesses to more proactively and strategically manage IT in both the private and public sectors. Additionally the company reported license and maintenance revenues continue to rise with license revenue growth at more than 25 percent YOY.
“We are encouraged to see enterprises globally adopt our Enterprise Portfolio Management solution as a key strategic management capability for attaining their success. Companies are realizing they can no longer manage their connected enterprises without a purpose-built platform like Troux-s,” said David Hood, CEO of Troux. “Our customers- success in obtaining sustainable and material business value from Troux is our only priority, and we are pleased they continue to validate that with growing, ongoing business with us.”
This year, Troux has also emphasized strategic partnerships with global technology companies and systems integrators, such as leading international IT outsourcing company . Atos monitors and reports progress to its enterprise clients, relying on solutions from Troux to provide insight and understanding over the performance of the entire ecosystem of IT vendors. Together, the companies are delivering a solution that provides business leaders who outsource IT with an ability to manage IT like a business and gain competitive advantage.
“Troux-s results reflect a new reality. The complexity created by global competition, government regulations, waves of new technology and changing customer needs can be overwhelming and warrant new managerial approaches,” said IT analyst Carl Lehmann with 451 Research. “Today, industry-leading organizations are closely examining enterprise architecture management as a mission-critical set of practices and tools necessary for strategic planning, transformation and consistent operational performance.”
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.
Contact:
Amie Coleman for Troux
720-854-8792
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