Hong Kong/Singapore, June 12, 2015
TeamQuest, a global leader in IT capacity planning and management solutions, today announced its official Asia Pacific market entry via Hong Kong and Singapore. This announcement marks a significant milestone for TeamQuest, as it seeks to fuel the region’s booming IT sector with leading capacity management solutions that help enterprises optimize IT infrastructure while improving efficiency and business productivity.
The expansion into Asia Pacific comes as revenue growth for Availability and Performance tools in Hong Kong and Singapore is expected to outpace Western markets. From 2014 to 2018, revenue growth for Availability and Performance tools in Hong Kong and Singapore is projected to increase by a combined 73.25%, compared with Western Europe at 34.67% and 47.6% for the USA . The forecasted growth for Availability and Performance tools in the region demonstrates the rising demand in Asia Pacific for ITSO solutions, representative of the region’s rapidly developing IT industry.
“Building on our leadership position in North America and Europe, TeamQuest is expanding to bring the same value to IT organisations in the Asia Pacific region. We are excited to begin our journey in Hong Kong and Singapore, two markets that are leading by example as IT pioneers in the region,” said Jason King, Managing Director, International Operations, TeamQuest. “Our suite of capacity planning and management solutions helps businesses maximize their IT ROI, improve business growth and agility, and minimize risk. This is an area we see significant potential in Asia Pacific, as enterprises increasingly turn to new IT solutions to bolster their competitive advantage in local and international markets.”
According to a worldwide survey conducted by TeamQuest in 2014 , 93% of IT managers surveyed reported proper IT optimization or performance analysis would improve IT efficiency. Meanwhile, on average, IT managers believe IT efficiency would increase by 34 percent if they had proper performance analysis or IT optimization and 73 percent think their organization’s overall IT risk would decrease. Nearly three in four (74%) IT managers who use IT optimization or proper performance analysis say that improved IT efficiency has been a benefit.
“Aside from IT efficiency, TeamQuest also provides organizations with a step-by-step roadmap to business IT maturity also referred to as IT Service Optimization (ITSO),” said Per Bauer, Director International Services, TeamQuest. Based on the same survey, four out of five organizations believe that they are at the service level of maturity where IT is able to predict and analyse different scenarios when business changes. However, what these businesses do not know is that they are still stuck at a chaotic level of IT maturity and lacking consistent strategy for managing and improving the quality of their services. Without proper assessment, this could put their business at risk.
“Capacity management solutions bring substantial benefits and efficiencies to organizations across various industries worldwide, hence our success and longstanding partnerships with the world’s top brands including NASA, Verizon, and Visa. We are confident that Asia Pacific’s businesses, both large and small, will benefit from the value TeamQuest’s products and services unlock for their organization,” said Bauer.
TeamQuest is the global leader in IT capacity planning and management, delivering automated, comprehensive and real-time performance analysis covering everything from applications 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. For more information, please visit www.teamquest.com.
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