SOA Software Announces Year-on-Year Growth of 60%
New SOA and API Products, Major Partnerships, Industry Recognition and Geographic Expansion
Los Angeles, CA. – February 6, 2012 – SOA Software, a leading provider of SOA governance, cloud and enterprise API Management products, announced year-over-year business growth of 60% in 2011, spurred by the increasing need for effective cloud computing and mainstream SOA solutions. The company also expanded to new locations, significantly increased its employee base, and built exciting new partnerships while enjoying widespread industry recognition from analysts and awards for achievement.
“It is very gratifying to see the planning, collaboration and hard work result in such positive gains,” said Paul Gigg, President and CEO, SOA Software. “The company is delivering tremendous value to our customers with our products being recognized as best of breed around the world. I am excited about the trajectory of continued growth, innovation and product excellence; SOA Software can rightly claim to be a leader among the world’s premier software vendors in SOA and Enterprise API Management.”
SOA Software’s business growth reflects expansion of its client base to include significant new clients as well as expansion of business with existing customers. In 2011 the Company increased its personnel by 50% and opened centers of operations in, the Middle East and South Africa to complement existing business centers in North America and Europe. SOA Software is succeeding in being a step ahead of customer demand for automated governance solutions for services that are either entirely cloud-based or hybrid on-premise/cloud instances.
Analyst Affirmation and Industry Awards
Industry analysts validated SOA Software’s strategy and solution offerings in 2011. Gartner placed SOA Software in the Leaders Quadrant for the 2011 “Magic Quadrant for SOA Governance Technologies.” The company was also recognized as a “Leader” by the Forrester Research Waves for Integrated SOA Governance and SOA Life Cycle Management. SOA Software was honored with such awards as the Red Herring 100 Global, 2011 Hot Companies and Best Products, the 2011 Best Software Product award for Repository Manager, a Network Products Guide “Hot Company” Award, and the 2011 Golden Bridge Award for Application Development and Atmosphere API Management.
SOA Software has had substantial success leveraging partnerships with IBM, Microsoft, RedHat, SAP and others. In 2011, the company added new partner capabilities, including achieving IBM Advanced Partner Status and being certified “Ready for IBM Rational Software.” SOA Software’s participation in the Microsoft partner program also increased, with the company attaining the Gold ISV Certification and having its products showcased in Microsoft Technology Centers worldwide.
New Products, New Directions
New product releases proceeded apace in 2011 with the launch of Atmosphere, the new API management family of products for the enterprise. SOA Software announced Atmosphere Cloud, the cloud-based version of its award winning Enterprise API Management solution. SOA Software mainstays Repository Manager, Portfolio Manager, Policy Manager and Service Manager were all updated in 2011 as well. The company also released products specifically developed for its partners, including SOA Management for Microsoft WCF, BizTalk, and ASP.NET web services and simplified configuration and management for IBM WebSphere DataPower and RSA Access Manager.
About SOA Software
SOA Software is a leading provider of unified SOA governance, cloud and enterprise API Management products that enable organizations to plan, build, and run enterprise services and open APIs. The world’s largest companies including Bank of America, Pfizer, and Verizon use SOA Software solutions to transform their business. For more information, please visit http://www.soa.com.
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