Troux Technologies Posts Record Growth In 2006
- (Jan. 2nd
, 2007) -
Troux Technologies, provider of the Enterprise Architecture (EA) platform of choice for the world's most successful EA teams, today announced that the company's momentum surged in 2006 on an increase in market demand for Actionable Enterprise Architecture solutions. During the past year, Troux unveiled Metis 6, the industry's first Actionable Enterprise Architecture platform, added new blue-chip enterprise customers, signed new global partners, opened offices in London and Munich and achieved exponential growth at Troux Directions, the company's annual EA and IT Governance (ITG) conferences.
“During 2006, Troux witnessed unprecedented expansion of its business and the Enterprise Architecture market as a whole. There is a new attitude toward strategic planning in the enterprise as evidenced by the swift growth of our customer base and the recognition among global system integrators that AEA solutions are a key component to enabling business transformation,” said Hank Weghorst, CEO, Troux Technologies. “Troux is proud to be a catalyst for this growth by being first to market with solutions that raise the value of enterprise information by making it actionable for strategic, enterprise decision-making.”
Key growth metrics for the company during 2006 include:
- Released Industry's First Actionable Enterprise Architecture Platform - Metis 6
Troux released the industry's first platform for Actionable Enterprise Architecture (AEA) to deliver Business Intelligence (BI) for the CIO. With the release of the AEA Platform, Troux revolutionized EA by offering CIOs and IT teams an unprecedented level of access to real-time, cross-domain data, which creates a foundation for strategic business planning.
- Expanded Customer Roster
Troux signed a host of new customers and expanded relationships with existing customers. Troux's new customers for the year include leading brands including AMD, Dell and Blackwell Publishing and more. In addition, government agencies continue to embrace the company's solutions with the Department of Labor and Department of Homeland Security) joining Troux's customer base.
- Grew Global Footprint and Expanded Internal Teams
Troux opened offices in London and Munich to support the tremendous growth in demand for AEA solutions in EMEA. Additionally, bolstered its executive team with the additions of Paul Baker as CFO and Jim Van Riper as vice president of research and development and Roger Andrews, general manager of EMEA.
- Signed Worldwide Partnerships
Troux announced that the company's Metis 6 platform was accepted by Cognos, the world leader in business intelligence and performance management solutions as a member of the elite Powered by Cognos Solution Program. In addition, leading integrators such as Accenture, CSC and EDS are now partnering with Troux to provide an unmatched combination of expertise and best-of-breed EA technology for global enterprises.
- Positioned as a Leader in the Gartner Magic Quadrant
Troux joined the leaders in Gartner, Inc.'s 'Magic Quadrant for Enterprise Architecture Tools, 1Q06¹' report. According to the report, “to be included in this Magic Quadrant... the vendor must have a real presence in this market or exhibit an innovative approach to addressing the market's needs.”
- Confirmed Record User Group Attendance and A&G Magazine Subscriptions
In Spring 2006, Troux Directions, Troux's annual EA and ITG conferences achieved record attendance with nearly 500 representatives of some of the world's top financial services, insurance, pharmaceutical, telecommunications and retail companies as well as major government agencies in the United States and Europe. Moreover, in just two years time, Troux's community quarterly publication, Architecture & Governance, has now grown to more than 8,000 readers.
Troux Technologies is the Enterprise Architecture (EA) platform of choice for the world's most successful EA teams. Troux's software combines tools for architectural design and creation with a new generation of information aggregation and management tools, foundational to IT Governance. This comprehensive approach transforms EA into a new dimension of Actionable Enterprise Architecture -- acknowledged by industry analysts, worldwide partners and Global 2000 organizations as the critical strategic planning and management discipline to accelerate IT and business transformation. To learn more: www.troux.com.
¹Gartner, “Magic Quadrant for Enterprise Architecture Tools, Q106” by G. James and R. Handler, April 5, 2006.
For Commercial or Government Inquiries:
Annie Klein or Alissa Vasilevskis
Schwartz Communications, Inc.
For International Inquiries:
+44 (0) 1628 628080