TeamQuest Revenue Up 25 Percent in 2011

    Clear Lake, Iowa, Feb. 14, 2012

    TeamQuest Corporation continues to defy the slumping economy as the company announced its 21st consecutive year of profitability, with a 25% increase in revenues in 2011.

    "Our success is based on our customers' success," said TeamQuest President and CEO Jerred Ruble. "Everything we do is about helping IT and its customers achieve great things."

    One company, Verizon Wireless, explained how TeamQuest Performance Software is one of the few tools that is universally recognized throughout Verizon Wireless IT. The company used TeamQuest software to prepare for its inaugural iPhone launch which accomplished a record number of sales without any performance issues or outages.

    Communications, along with Financial, Tech and Business, and Government were the top industries, in terms of revenue, for TeamQuest in 2011. TeamQuest received a slight boost to its net revenues from the company's November 2011 acquisition of Performance Surveyor.

    "Our acquisition provides our customers with automated performance and capacity analysis that spans all technology and business silos and seamlessly integrates with existing investments in configuration management, help desk, asset management and other management processes and tools," said Ruble. "Customers appreciate the flexibility and simplicity of implementing and using our capacity management solutions."

    The need for capacity management software and services are important to the health of the business. With dynamic environments like virtualization and cloud, capacity management creates a more agile IT because it understands current and future resource needs. Budgeting is more disciplined and costs are controlled.

    "That means meeting your service level agreements without over-provisioning, supporting business unit goals with minimum risk, and a greater responsiveness to market dynamics with a higher return on existing IT investments," said Ruble.


    ABOUT TEAMQUEST

    TeamQuest is the global leader in IT Service Optimization, delivering automated, comprehensive and real-time performance analysis covering everything from apps to servers to storage. TeamQuest software enables organizations to accurately analyze, predict, manage and measure the performance of highly dynamic, multi-vendor environments. Enterprises around the world trust TeamQuest solutions to proactively improve latency, mitigate financial risk, and reduce cost.