Troux Achieves Record Year With 40% Growth; SaaS Business Grows 300%
Record Growth Reflects Critical Business Need for Enterprise
Portfolio Management and Troux's Unique Ability to Deliver on
AUSTIN, TX -- (Marketwire) -- 02/05/13 -- Troux, the global leader
in Enterprise Portfolio Management (EPM) and Enterprise Architecture
(EA) software, today announced its largest quarter and its largest
year in company history, including the addition of several marquee
brands to its global roster of FORTUNE 500 clients.
The strategic management capability provided by Troux's software
continued to help its customers in North America, EMEA and
Asia/Pacific make more informed and comprehensive decisions that
reduce cost, decrease risk and improve agility. In particular, Troux
saw significant growth in the EMEA markets with business nearly
tripling in size. The company also continued to see significant
increases in global license growth, with software orders more than
A recent survey conducted by Gartner(1) found that 50 percent of
enterprise architecture practitioners have a significant influence
over their organization's enterprise IT budget spend ($1.1 trillion
in enterprise IT spend). Gartner also predicts that, by 2020, the
ajority of Global 1000 organizations will support EA as a distinct
discipline that is an integral part of business and IT strategic
planning. Troux's approach helps decision-makers and practitioners
gain a better understanding of how decisions affect all the moving
parts that make up the connected enterprise, allowing IT to become a
competitive advantage within organizations.
"We largely attribute our success in 2012 to global enterprises
realizing the necessity of having a reliable and efficient solution
for making business critical technology decisions and our team's
ability to deliver the value we promised," said David Hood, CEO of
Troux. "We're excited about the momentum we achieved in 2012 and will
continue our maniacal focus on helping customers succeed with Troux."
Some of Troux's 2012 company highlights also include having three of
the five winners of the prestigious 2012 InfoWorld/Forrester
Enterprise Architecture Awards as customers; earning a position in
the leaders' quadrant of the Gartner Magic Quadrant for the third
straight year; and the donation of $4 million in software to the
Center for Enterprise Architecture (EA) at Penn State University's
College of Information Sciences and Technology.
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(TM) 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.
(1) Betsy Burton and Marcus Blosch, "EA Practitioners Have
Significant Influence on $1.1 Trillion in Enterprise IT Spend,"
Gartner, December 20, 2012, pp. 1, 2, 4
Amie Coleman for Troux
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