Tagetik Caps off Solid 2010 Year
LUCCA,
provider of Performance Management, Enterprise Governance, Risk & Compliance
and Business Intelligence software solutions, today announced its financial
results for 2010 Fiscal Year.
“2010 closed with a double-digit growth for Tagetik,” says
Vellutini
generated +35% in license revenues, +20% in total consolidated revenues and
65 new customers worldwide. As of
international customers – not coming from our home region – with an
outstanding +120% in international total revenues and 56% of license revenues
on new accounts coming from our international operations.”
“+30% of 2010 deals were driven or heavily influenced by partners and
their precious commitment,” adds
Tagetik. “Today, a scalable, qualified, highly educated partner network is a
key success factor to drive valuable implementations and sustain the Tagetik
growth worldwide. This is why we are laying the foundations for a global
partner program, accelerating business success with our closest partners.”
“We went one step further in establishing strategic partnerships with big
system integrators such as Accenture, PricewaterhouseCoopers, KPMG,
Capgemini, BearingPoint and Resources Global Professionals,” continues
Vellutini. “And we are making exiting, steady progress in the relationship
with Microsoft. ‘Tagetik 3.0 Enabled by Microsoft SharePoint’ software
solution leverages a wider, combined product positioning that involves the
whole Microsoft stack, a real opportunity to rapidly disrupt the Business
Intelligence and Performance Management markets and establish business
collaboration.”
“We are benefitting from growing links with the Microsoft Business
Intelligence product development teams to deepen the integration,” explains
the year of new, innovative, built-in applications, such as ‘collaborative
disclosure management’ and production cost planning and control as part of
the operational planning engine, proving that our solution is well coupled
with vertical- and compliance-related processes.”
Last, but not least, 2010 saw the welcome of increased customers all over
the world, including Platinum Administrative Services, Luminator Technology
Group, Kar Auction Services, Bobrick Washroom Equipment, Vinson & Elkins,
Propex Operating Company (in US), SNCF, Banque de
Marnier (in
Vestey Group (in UK), Sava Reinsurance, HSE, Zavarovalnica Triglav (in the
Adriatic Region), Centrosolar Group, Colexon Energy, Vorwerk & Co., Sersa
Group Management, Panalpina, Hoval Management, (in DACH), Docdata, DMG,
Grontmij Business Services (in
Rocco, Nestle Italiana, Seat Pagine Gialle, Beghelli, Postecom, Banca
Popolare di Sondrio, Grandi Salumifici Italiani, HSR Fondazione Centro S.
Raffaele, Wurth, Fontana, Esaote,
“What’s next? Continue expanding the Tagetik and Microsoft footprint over
time while augmenting application stickiness, further enhance collaboration
and communication in complex decision-making, and above all execute our
mission of delivering a complete ‘Collaborative Performance Management’
solution with the best implementation services ever,” concludes Vellutini.
About Tagetik
Tagetik delivers a unified software solution for Performance Management,
Enterprise Governance, Risk & Compliance, and Disclosure Management with
specialized Business Intelligence tools to optimize Collaboration and
Communication.
Tagetik 3.0 creates value by simplifying complex business processes for
CFOs and CIOs: budgeting, forecasting, cash flow planning, statutory and
management consolidation, cost allocation, profitability analysis, financial
close and fast closing, dashboard, scorecarding, collaborative disclosure
management and compliance/industry requirements. Tagetik 3.0 is the solution
to translate strategy into operations, manage and control overall performance
down to business transactions, and improve decision-making across the whole
organization while achieving faster ROI and lower total cost of ownership
(TCO). Tagetik’s vision to extend Performance Management and Business
Intelligence to collaborative decision-making inspired us to develop Tagetik
3.0 Enabled by Microsoft SharePoint, moving CPM from Corporate to
Collaborative Performance Management.
Tagetik operates in 18 countries leveraging a close partnership with
Microsoft. Its market experts are totally committed to the success of 400
customers worldwide, including some of the largest Fortune 1000 companies
representing all industry sectors, as well as to build strong relationships
with system integrators, technology leaders and local consulting specialists.
Tagetik is a Microsoft Gold Certified Partner.
To learn more: http://www.tagetik.com
Corporate Press Contacts:
Elisabetta Pierallini
Luca Pieretti
+39-0583-96811
press@tagetik.com
UK Press Contact:
Jacqui Freeman
+44(0)20-8297-5388
jacquif@jdmarketing.co.uk
US Press Contact:
Alessandra Gamba
+1-203-391-7520
alessandragamba@tagetik.com
SOURCE Tagetik