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 ofSOA 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 inthe Leaders Quadrant for the 2011 “Magic Quadrant for SOA Governance Technologies.”The company was also recognized as a “Leader” by the Forrester Research Waves forIntegrated SOA GovernanceandSOA Life Cycle Management. SOA Software was honored with such awards as theRed Herring 100 Global,2011 Hot Companies and Best Products, the 2011 Best Software Product award for Repository Manager, aNetwork Products Guide “Hot Company” Award, and the2011 Golden Bridge Award for Application Development and Atmosphere API Management.
Partnerships
SOA Software has had substantial success leveraging partnerships withIBM,Microsoft,RedHat,SAPand others. In 2011, the company added new partner capabilities, including achievingIBM Advanced Partner Statusand being certified “Ready for IBM Rational Software.” SOA Software’s participation in the Microsoft partner program also increased, with the company attaining theGold ISV Certificationand having its products showcased inMicrosoft Technology Centers worldwide.
New Products, New Directions
New product releases proceeded apace in 2011 with the launch ofAtmosphere, the new API management family of products for the enterprise. SOA Software announcedAtmosphere Cloud, the cloud-based version of its award winning Enterprise API Management solution. SOA Software mainstaysRepository Manager,Portfolio Manager,Policy ManagerandService Managerwere all updated in 2011 as well. The company also released products specifically developed for its partners, includingSOA Management for Microsoft WCF, BizTalk, and ASP.NETweb services and simplified configuration and management forIBM WebSphere DataPowerandRSA Access Manager.
About SOA Software
SOA Software is a leading provider of unifiedSOA 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 visithttp://www.soa.com.
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