SOA Software Announces 55% Annual Revenue Growth
Company Delivers Operating Profit for 2009
Los Angeles, CA – January 26, 2010 – SOA Software, a leading SOA and Cloud Services Governance provider, today announced results for 2009. Revenues increased 55% from 2008 and the company delivered a full year profit for 2009. The company won new business and expanded its footprint in existing accounts with its unified SOA governance automation solutions.
“SOA Software had an outstanding year. Unified end-to-end governance solutions are proving more attractive to customers than more limited point solutions,” said Paul Gigg, chief executive officer at SOA Software. “Our continued investment in R&D has allowed us to bring innovative, top quality products to market. It is gratifying to see the many large scale customer deployments and the benefits being gained from our solutions. We would like to sincerely thank all our customers for their support in 2009.”
SOA Software’s success through 2009 was the result of new customers needing unified SOA governance automation solutions, and existing customers scaling up their SOA programs and expanding their governance capabilities to take advantage of SOA Software’s comprehensive suite of products. Large enterprise SOA programs are a reality today, with customers taking advantage of SOA to drive agility and redirect expenses from tactical to strategic initiatives. Large enterprises are almost always heterogeneous environments with software applications provided by IBM, Microsoft, Oracle, RedHat JBoss, SAP and other providers. These diverse environments need heterogeneous SOA governance systems to provide planning, development and operational governance capabilities across all platforms. The deep integration and certification of SOA Software’s products with products from IBM, Microsoft, Oracle, RedHat JBoss and SAP ensures that SOA Software’s products deliver exceptional value to any large enterprise.
Service-oriented architecture allows IT organizations to rapidly respond to the needs of a dynamic business environment, while improving efficiency and redirecting spend away from tactical infrastructure concerns to strategic initiatives. To deliver on this promise, the IT organization has to understand and control the services it has in production, determine how new services are to be built, and how new services should behave in production. The IT organization also has to understand which applications are being consumed and whether the services and their consumers are meeting contractual commitments for service-levels and other policy concerns. SOA Software’s SOA Governance solutions deliver this understanding and provide these controls. Enterprise IT organizations are now realizing that without SOA Governance, their SOA programs are unlikely to succeed.
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