Revenue up 50% in 2007 vs. 2006; Firm Grows Employee Base 41% in
2007
CAMBRIDGE, Mass.--(Business Wire)--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(TM): 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(TM): 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(R)
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.
All companies and products listed herein are trademarks or
registered trademarks of their respective holders.
For alfabet
GCC, Inc.
Elyse Familant, 978-725-3637
ElyseF@gccpr.com
Copyright Business Wire 2008
