Tagetik, the provider of performance management, GRC and BI solutions, closed 2010 with double-digit revenue growth. The privately owned company positioned by FSN as an innovator in the field is establishing a growing presence on the global stage.
Manuel Vellutini, EVP and Chief Operating Officer at Tagetik told FSN, “This great result generated 35% growth in license revenues and 65 new customers worldwide. As of December 2010, we reached a total of 80 international customers with an outstanding 120% growth in international revenues and 56% of license revenues on new accounts coming from our international operations.”
“We went one step further in establishing strategic partnerships with big system integrators such as Accenture, PricewaterhouseCoopers, KPMG, Capgemini, BearingPoint and Resources Global Professionals,” continued Vellutini. “And we are making exciting, steady progress in the relationship with Microsoft with ‘Tagetik 3.0 Enabled by Microsoft SharePoint’”.
Marco Pierallini, EVP Chief Development Officer at Tagetik told FSN, “We are benefitting from growing links with the Microsoft Business Intelligence product development teams to deepen the integration. 2010 was also the year of new, innovative, built-in applications, such as ‘collaborative disclosure management’ and production cost planning and control as part of the operational planning engine, proving that our solution is well positioned with vertical- and compliance-related processes”.
