Alfabet Announces Record Growth in
Enterprise Architecture Software Market in 2007
Revenue up 50% in 2007 vs. 2006;
Firm Grows Employee Base 41% in 2007
CAMBRIDGE, Mass. — Jan. 23, 2007 — alfabet, a leading software provider in strategic IT planning and enterprise architecture management, today announced record results for 2007.
alfabet, which is widely recognized as the technology leader in the enterprise architecture market, enables companies to see, analyze, control and align IT initiatives with business priorities continuously. Its planningIT software is unique in tightly coupling business priorities and IT returns with current and future initiatives.
Revenue was up 50% and bookings by 61% in 2007 vs.2006 – well above the market average of 12% -20% growth, according to latest statistics [The Forrester Wave™: Enterprise Architecture Tools, Q2 2007 by Henry Peyret, April 25th, 2007]. alfabet now has about 16,000 users in 40 countries. To help deliver against this increased demand, alfabet grew its employee base by 41% since the beginning of 2007.
Other highlights for the year included the following:
• alfabet officially launched its U.S. operations with headquarters in Cambridge, Mass. CEO Erik Masing relocated to this office. In Q4 the company also opened an office in Singapore to serve the growing APAC region.
• Market analysts follow alfabet’s progress closely. In March, alfabet was one of two vendors named as Gartner’s “Cool Vendors in Enterprise Architecture” and Forrester Research Inc. recognized alfabet as having one of the top two offerings in enterprise architecture (The Forrester Wave™: Enterprise Architecture Tools, Q2 2007 by Henry Peyret, April 25th, 2007)
• Software AG and alfabet announced a joint technology solution for end-to-end SOA planning and governance. Other partnerships with InSource in the U.S., ABeam in Europe and APAC are formed to extend international market reach.
• Two new major releases of planningIT were successfully launched in April and October, adding strategy and agility management, business capability management and federated enterprise architecture management to the product suite.
• alfabet increased its user base to 16,000 in over 40 countries and signed major deals with globally active companies across all industry sectors such as Porsche, Coca-Cola, BP, Andritz, Deloitte and Credit Suisse.
“Our unique approach to IT-business management is now widely recognized as the only solution available enabling collaborative planning and management of IT and business architecture” said Erik Masing, CEO and founder of alfabet. “In 2008 we plan to build on our latest successes and solidify alfabet’s leadership position in the strategic IT-business management space.”
About alfabet (www.alfabetinc.com)
alfabet enables companies to see, analyze, control and align IT initiatives with business priorities continuously. Its planningIT® software is unique in tightly coupling business priorities and IT returns with current and future initiatives. Competitive point solutions offer modeling or repository functions with a static view of priorities, architecture and infrastructure. alfabet provides a holistic, integrated and collaborative approach that offers continuous transparency into how IT and business information, processes and roles are changing and need to be managed over time.
The company serves a global user community of 16,000 IT professionals in more than 40 countries in a variety of industries, including automotive, financial services, telecommunications, logistics, high-tech and others. Its customers include international corporations such as AMB Generali, BP, Daimler, Deutsche Bahn and T-Systems. Founded in 1997, alfabet is based in Berlin with U.S. headquarters in Cambridge, Mass.
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For Additional Information
Contact:
Elyse Familant
GCC, Inc.
978-725-3637
[email protected]
