Tango/04 Computing Group, one of the leading developers of systems management and automation software of IT infrastructure, security and business service management (BSM), announced its financial results for fiscal 2008.
"Once again we've accomplished record growth. We have a unique value proposition with multiple entry points and high ROI. We keep generating new agile processes, new products, new foundational technologies, and new software that creates new opportunities constantly; so it's only logical that more and more premium customers are choosing Tango/04", said Raul Cristian Aguirre, Tango/04 CEO and founder.
The European growth of 44.34 percent was mainly boosted by France and Spain. In France, the revenue was incremented a significant 66.72percent. In Spain, where Tango/04's headquarters is located, sales revenue grew 190.58%.
The Latin-American subsidiary company of Tango/04 reported a 30percent revenue raise, continuing with the uninterrupted growth that the company has experienced there since its foundation.
Overall global revenue growth for the company was 25.91percent, and the company continued to be profitable another year. Tango/04 has been producing profits continually since 1992.
During 2008 new companies of different sectors around the world have chosen Tango/04, reaffirming the strength of its proposal. Some of them are: Inditex (Zara, the largest fashion retailer in the world), TNT Express Worldwide, Arcelor, Lagardere Active, Yves Rocher, SG Private Banking, Luxottica, GE Money, Enterprise Bancorp, General Cable Corp, Danone, Credibanco VISA, Liberty, First Data, and many others.
"Our solution is agile, so it makes our customers agile, as it is one unified monitoring solution that covers every need of most companies. Agility is essential in the current economic climate. This differentiates us from the rest", described Aguirre.
In times of crisis, a three-in-one solution is extremely appealing
During 2008 Tango/04 Computing Group continued developing its 1-2-3 concept, an integral, service-oriented monitoring strategy which allows customers to achieve extraordinary savings by replacing or integrating all their point monitoring products into one integrated solution.
Aguirre explains its success: "In only one single easy-to-use, real-time, extensible, multiplatform monitoring solution we offer our customers the way to: 1) Control the health of their entire IT Infrastructure; 2) Solve the compliance problem and get real-time control of security policies and the ability to automatically protect their assets; and 3) Get centralized management of IT Infrastructure and top-down visibility of the state of business processes ensuring the availability of critical applications and achieving real IT-Business alignment. Plus, our integrated Service Level Management capabilities provide for unique Continual Service Improvement processes, effectively aligning Business and IT, optimizing processes, reducing costs, and increasing teamwork."
About Tango/04 Computing Group
Tango/04 Computing Group is one of the leading developers of systems management and automation software of IT infrastructure, Security/Compliance and Business Service Management (BSM).
Tango/04 software contributes to maintain the operating health of business processes, improve service levels, protect assets, comply with regulations, audits, and best practices such as ITIL V3, increase productivity, and reduce costs through intelligent management of IT infrastructure, Real-Time security control and Applications and Process Management aligned to Business Goals. The solutions provided are extensible and multiplatform.
Tango/04 is present in 11 of the world's biggest 20 banking institutions, it has more than 2,000 customers and operates throughout the world through its vast network of Business Partners.
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