IoT
Software // Enterprise Applications
News
4/23/2004
06:04 PM
Connect Directly
Twitter
RSS
E-Mail
50%
50%
RELATED EVENTS
The Analytics Job and Salary Outlook for 2016
Jan 28, 2016
With data science and big data top-of-mind for all types of organizations, hiring analytics profes ...Read More>>

Telelogic Finds Growth Outside Europe

Telelogic AB, which makes tools for software-requirements management, is finding greater growth outside its traditional European stronghold.

Telelogic AB, which makes tools for software-requirements management, reported that its first-quarter revenue rose to $30.7 million, up $4.5 million, or 9%, at constant currency exchange rates, over a year ago.

Pretax profits reached $2.7 million, compared with a loss of $3.2 million a year ago.

Service revenue for the company decreased, though the company says that's in keeping with a realignment last year to concentrate on higher-margin software instead of services.

Europe has traditionally been a strong market for Telelogic, but that pattern may be changing in favor of new markets. Revenue in Europe increased just 2% for the quarter, compared with 19% and 50% for the United States and Asia. Anders Lidbeck, president and CEO, says the company had a 10.7% operating margin and $5.1 million in cash flow.

Telelogic produces the Dynamic Object Oriented Requirements System for capturing software requirements in industry-standard Unified Modeling Language and using those diagrams in its TAU family of developer tools, such as TAU Architect and TAU Developer. Sales of Doors increased 18% in the quarter. Sales of TAU tools increased 9%.

Telelogic Synergy provides a repository of IT infrastructure incidents, problems, and changes. Sales of Synergy increased 5%.

Comment  | 
Print  | 
More Insights
Building A Mobile Business Mindset
Building A Mobile Business Mindset
Among 688 respondents, 46% have deployed mobile apps, with an additional 24% planning to in the next year. Soon all apps will look like mobile apps – and it's past time for those with no plans to get cracking.
Register for InformationWeek Newsletters
White Papers
Current Issue
How to Knock Down Barriers to Effective Risk Management
Risk management today is a hodgepodge of systems, siloed approaches, and poor data collection practices. That isn't how it should be.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.