[January 31, 2018] |
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Idera, Inc. Expands Global Footprint and Product Portfolio in 2017
Idera,
Inc., ("Idera") parent company of global B2B software productivity
brands, today announced strong results in 2017, including nearly 8,500
new customers and revenue growth of more than 15 percent year over year.
The company also completed three acquisitions to expand the product
portfolio of its Database Tools, Developer Tools and Testing Tools
businesses.
2017 milestones included:
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Acquisitions - New brands added to Idera's product portfolio
included: Sencha, a cross-platform application developer productivity
tool; Ranorex, a testing automation solution; and AquaFold, a
cross-platform database productivity tool. Together, these companies
increased Idera's loyal customers by thousands and added important
functionality to Idera's B2B software tools portfolio.
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Corporate - In May 2017, private equity firm HGGC purchased a
majority stake in Idera, resulting in a $1.125 billion valuation of
the company. Idera also grew its employee base by 37 percent and
received numerous corporate and product awards, including: KMWorld's
List of 100 Companies That Matter in Knowledge Management and a Bronze
Stevie® Award in the "Woman of the Year - Technology" category for
Heidi Farris, general manager of Idera's Database Tools business,
IDERA.
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Products - Idera businesses released 63 total new products in
2017, with major updates that included:
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Developer Tools - Embarcadero RAD Studio with C++Builder and Delphi (News - Alert)
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Database Tools - SQL Diagnostic Manager, SQL Safe, SQL Compliance
Manager, ER Studio, Aqua Data Studio and DB PowerStudio
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Customers - Idera added nearly 8,500 new enterprise clients
across its three businesses while greatly expanding its presence in
the Asia-Pacific, Latin American and European territories.
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Community - Idera's various community efforts across all brands
netted an average of 17 percent growth overall with most gains in the
database tools and PowerShell areas. In addition, the company hosted
22 IDERA Geek Sync events that connect practitioners with technology
experts. Idera also sponsored 47 events for its IDERA Advisors and
Community Educators (ACE) program to help active members of the SQL
Server community share knowledge.
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Corporate Social Responsibility - Idera contributed more than
$27,000 to various charities through community and employee
fundraising efforts, including the Austin Humane Society, Austin Pets
Alive and Houston Pets Alive.
Looking ahead, Idera predicts 2018 will be a year in which IT
professionals will have more choices and opportunities than ever before.
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Testing Tools - Testers with automation and DevOps skills will
continue to be in high demand, as testing continues to underpin the
delivery of code and infrastructure throughout the project lifecycle.
Testers with strong analysis and communication skills will be
critical, since the delivery of high quality software relies on
accurate requirements. As such, tools like Gherkin and Behavior-Driven
Development will continue to deliver huge benefits in the hands of
skilled testers.
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Database Tools - Databases will no longer be impractical in
container architectures. Ready availability of enterprise-scale
database platforms on containers and microservices -- previously the
realm of NoSQL or other homegrown systems -- will exponentially extend
the applications for enterprise relational database platforms. This
will bring enterprise technology to the level where it truly fuels
DevOps for the database, and speed the adoption and development of
applications in the cloud.
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Developer Tools - We'll start to see progressive web app (PWA)
technologies gain mainstream adoption with updates in mobile browsers.
Web developers will quickly adopt PWA technologies such as service
workers, notifications and background sync, and create modern PWA web
apps that are as fast and reliable as native apps.
Addressing these market shifts requires a nimble company that can
deliver new products and solutions faster than competitors. Idera's
proven ability to integrate acquisitions and continually release
innovative new products will ensure a continued and important role in
its customers' success.
"2017 was truly a transformative year for Idera, with major acquisitions
and significant product expansions that led the company to the next
level of success," said Idera, Inc. CFO Trey Chambers. "With silos
breaking down and IT professionals continuing to extend their
responsibilities across the technology ecosystem, Idera is well
positioned for continued growth in 2018, and beyond."
About Idera, Inc.
Idera, Inc. delivers B2B software productivity tools that enable
technical users to do more with less, faster. Idera, Inc. brands span
three divisions - Database Tools, Developer Tools, and Testing Tools -
with products evangelized by millions of community members and more than
50,000 customers worldwide, including some of the world's largest
healthcare, financial services, retail, and technology companies. To
learn more, visit: ideracorp.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180131005507/en/
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