AUSTIN, TX--(Marketwired - May 8, 2014) - Troux™, the global leader in Enterprise Portfolio Management (EPM) and Enterprise Architecture (EA) software, today announced the results from another consecutive successful quarter. After record 2013 business growth, the strong 2014 start signifies continued momentum for the broad adoption of solutions that deliver enterprise intelligence to organizations across geographies and industries. Troux performance highlights include a 37 percent year over year increase in global top-line growth, underscored by even stronger growth across US commercial and US Government markets.
Continued demand from existing customers also contributed to the strong Q1 growth, along with a 96 percent renewal rate. "Customers are realizing measurable and material value from the transparency and line of sight Troux provides across the enterprise," said David Hood, CEO of Troux. "Our ability to deliver on our brand promise and our commitment to supporting customers throughout their EA journey have proven to be critical requirements for companies seeking a valuable solution and EA partner."
To foster knowledge sharing across a growing customer base, Troux hosted its annual Worldwide Conference in March, bringing together more than 200 attendees from over 100 companies. Conference participants from 14 countries and 25 industries participated in networking opportunities and EA best practice sharing. Customers and partners presenting case studies at this year conference included Amway, Apptio, Atos, Dell, Fidelity Investments, HSBC, JetBlue, MetLife, Molina Healthcare, Saudi Airlines and VMware.
"It's exciting to see the continued global resurgence of Enterprise Architecture and we believe the best way to keep it moving forward is with education through peer knowledge exchange," said Hood. "Our Worldwide Conference has grown in popularity since its inaugural event four years ago. We also continue to share valuable case studies and offer access to webinars and expert brief webcasts as part of our growing resource pool in an effort to help our customers excel at EA."
In Q1 Troux highlighted four case studies across varying industries, including California Department of Corrections and Rehabilitation, CHEP, Cisco and Mosaic. Each company story showcases a unique approach to delivering business outcomes with Troux solutions. In addition, Troux launched a partnership with BDNA, a leading Data Cloud Company. The partnership provides Troux customers with access to BDNA's comprehensive Technopedia catalog. When business context from Troux solutions are combined with BDNA's Technopedia catalog, the result is accurate, actionable information that decision-makers and strategy planners can use to see the big picture.
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Troux's mission is to forever change the way businesses make decisions. With Troux solutions, business leaders, CIOs and their teams can use the power of enterprise intelligence to see the big picture and understand exactly where they should be investing in their business. Better-informed decisions powered Troux's unique Enterprise Portfolio Management approach helps businesses save money, reduce risk, bolster growth and increase business agility. Troux delivers results for some of the world's most admired companies including: American Express, AstraZeneca, Bayer Health Care, Boeing, Cisco, Fidelity, Lloyds, U.S. Department of Health and Human Services, U.S. Department of Homeland Security, Vodafone and Volkswagen Group of America.