60% Year-Over-Year Growth in Tough Economic Climate Attributed to Troux’s Unique Ability to Optimize IT Expenditures and Drive Cost-SavingsStrategic IT Planning and Control, today announced record quarterly results for its most recent quarter ending September 30, 2008. The company recorded a 60% year-over-year sales increase in the quarter, which follows a record-breaking Q1 where sales grew 40% year-over-year. The continued growth is attributed to Troux’s unique ability to optimize IT expenditures and drive cost-savings at Global 2000 enterprises.
Troux customer wins during the quarter included:
“In this economic climate every CIO has one overriding objective and that is to reduce IT expenses in order to improve profitability or fund growth initiatives. They need to focus on optimizing their current IT infrastructures and this is where Troux plays a pivotal role. We are seeing our customers save impressive money and time, and this has a real impact on the bottom line,” said David Hood, CEO of Troux Technologies.
Troux customers are demonstrating that their Troux IT planning and control solutions deliver bottom line results:
When large Global 2000 organizations restructure or are impacted by a merger or an acquisition, IT departments must respond quickly and efficiently. Strategic IT planning and control software from Troux Technologies assists these organizations by determining redundancies, optimizing the existing architecture and providing critical insight for decision makers.
“As the financial sector continues to experience rapid consolidation and change, the need for strategic IT planning software becomes even more apparent,” continued Hood.
Troux Technologies, a recognized leader in the growing market for strategic IT planning and control software, helps the largest Global 2000 enterprises and governments keep pace with the ever-increasing demands of business change. Troux’s applications drive IT optimization and cost-savings while reducing operational risk. Troux’s customers and partners include: Accenture, AstraZeneca, Barclays Bank, Department of Homeland Security, Fiducia, Los Alamos National Laboratory, GMAC, Vocalink and Vodafone.
Communications Insight, LLC
Vice President, Worldwide Marketing