LOS ANGELES, CA — (Marketwire) — 02/04/13 — SOA Software, a leading provider of and solutions, today announced a 52% increase in its 2012 revenues versus the prior year. With expansion into new international markets, the development of an enterprise API management solution, and deeper engagement with developers and strategic partners, the company realized a very successful year.
“This past year was one of incredible growth for us, in several ways,” said Paul Gigg, President and CEO of SOA Software. “We expanded into Europe, the Middle East and Africa, delivered the industry-s most reliable and usable enterprise API management product, and continued to serve customers with our leading API and SOA platform solutions. We are uniquely well-positioned to continue to deliver on the incredible demand for merged SOA and API solutions, that are highly functional, easy to use and enterprise ready.”
SOA Software-s impressive growth in 2012 reflects an increasing demand by enterprises to use Web services to connect with customers, recognize productivity gains and increase cost efficiencies. As the idea of the API Economy continues to be embraced in the market, SOA Software developed solutions that provide organizations with effective ways to plan, build, run and share enterprise services and APIs across their own and partners- systems. The company announced earlier in the year that more than were enabled by SOA Software solutions in 2012. “Clearly, the API Economy is the environment in which smart organizations are working,” said Gigg. “We-ve been the prime enabler of this new way of conducting business.”
Among the areas in which the company saw massive growth and change were the following:
As part of the outstanding year, SOA Software established relationships and deepened ties with many Fortune 1000 companies. The company now numbers, among its customers, the following organizations:
3 of the 5 largest global pharmaceutical companies
1 of the 2 largest international BioPharma companies
2 of the 5 largest t global insurance companies
The top retail drug/pharmaceutical company in the world
The world-s largest shipping company
The top 2 banks in the United States
The top title insurance company in the United States
3 of the top 5 airline companies in the United States
1 of the top 2 United States railroads
The largest private pension plan in the United States
As has been standard for the company, SOA Software stayed on top of customer demand and delivered new and innovative products in 2012. In November, the company launched two important solutions to help enterprises deliver API solutions. The addresses enterprise requirements across the entire API lifecycle and helps organizations reach new channels and gain a significant business advantage. Also delivered by the company was , the industry-s most scalable and capable API developer platform. This offers users a real-world, viable solution for their API Management needs without the kind of unrealistic functional and capacity limits imposed by other solutions.
The company received and launched a new product specifically designed for Microsoft-s Windows Communication Foundation (WCF). SOA Software-s long-standing was solidified with . The new “ready-to-use” builds on the company-s extensive experience integrating SOA run time components, reduction of administrative overhead, and ensures consistent policy and service definition. The company also continued their Advanced Partner status with strategic partner and also established a new partner relationship with .
SOA Software was recognized in 2012 for product and corporate leadership. The company was recognized as a “Leader” in two Forrester Research Waves — reports on and . SOA Software was named as a key vendor dominating the and was honored as one of . As a result of positive reviews of their SOA Software Enterprise API Platform, SOA Software received Gold status by . The USCA awarded the company the category. At the executive level, was honored by the Hispanic IT Executive Council as one of the Top 100 Influential people in Information Technology.
SOA Software wrote and published the , based on its experience working with global corporations that are facing a transformation of IT requirements due to rapidly evolving business alliances and mobile device proliferation. SOA Software published several articles about APIs in prestigious publications including Forbes, Cloud Computing, and (these included, and . The SOA Software became an industry-leading resource for information about APIs and SOA Governance with the publication, in 2012, of 36 blogs. SOA Software CTO Alistair Farquharson and SOA Software executives were keynote presenters at a variety of leading industry conferences. SOA Software is the first to converge API and SOA with . Application Services Governance leverage SOA as the foundation for APIs to build better business applications.
Adding to SOA Software-s improved bottom line was a major expansion into new markets. In addition to an established presence in the UK and Africa, the company opened new offices and added new sales, marketing and development teams in a variety of global locations. In , a new team is addressing the needs of large banking, telecommunications and government customers. SOA Software improved its footprint in EMEA with a new . With inroads in so many parts of the globe, SOA Software is well prepared to continue growth in the coming years.
SOA Software is a leading provider of and products that enable customers to plan, build, run and share enterprise services and APIs. The world-s largest companies including Bank of America, Pfizer, and Verizon use SOA Software products to harness the power of their technology and transform their businesses. Gartner placed SOA Software in the The company is also recognized as a “Leader” by the Forrester Research Waves for , , and . For more information, please visit .
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