Tagetik Reports Strong First Half 2010 in the USA

Tagetik Reports Strong First Half 2010 in the USA

Tripled turnover and Growing Customer Satisfaction Strengthen Tagetik to Market Flexible Performance Management Platform
Tagetik,Babies kept safe with purple hats, a global provider of Industrial FabricsPerformance Management, Enterprise Governance, Risk & Compliance and Business Intelligence software solutions, today reported strong business figures from its U.S. operation, Tagetik North America LLC, as well as positive customer feedback for the first semester of 2010 Fiscal Year.

“We are very satisfied with these positive results in U.S., especially in a doldrums business climate,Asphalt plant near Gross Golf Course?,” says Manuel Vellutini, EVP Chief Operating Officer (COO) at Tagetik. “Tagetik North America has tripled the revenues compared to last year and leverages more than 10 satisfied customers as well as new partner alliances. These figures are in line with the corporate double-digit growth – both consolidated (+33%) and on new license revenues (+61%) -, 32 new customers from all international operations and a growing relationship with Microsoft Corp., confirming an outstanding H1 for Tagetik worldwide and encouraging investments to further develop a key-market to us, like North America.”

Tokens of this bright performance are first hand customer experiences and market’s growing demand forIndustrial Fabrics fast and flexible performance management solution. “We had been contemplating a change in our CPM approach for the past couple of years and Tagetik 3.0 provided a very flexible solution overall with powerful built-in functionality that met our strict requirements for the new forecasting methodology we planned to employ at our firm,” commented Timothy Armstrong,Jordan Shoes, Chief Operating Officer at Vinson & Elkins LLP ,Tagetik Reports Strong First Half 2010 in the USA, an international law firm based in Texas. “Compared to SAP, Tagetik was the clear winner for replacing our SRC product. During the evaluation phase, we could already see how the solution would fit in our environment.”

“At Propex we need a budgeting and consolidation tool that gives us the ability to create solutions that are sophisticated, comprehensive,Asphalt plant near Gross Golf Course?, flexible, and integrated for our global business,” comments Steve Powell, VP, Global Treasury and Financial Planning at Propex Operating Company LLC a global manufacturer of Industrial Fabrics headquartered in Chattanooga, Tennessee. “After looking at numerous platforms we chose Tagetik because of their flexibility, extensibility, and breadth of experience in the field. In the coming weeks we look forward to partnering with Tagetik to design and deploy a world class solution for our budgeting and forecasting processes that can realize our business goals.”