Informatica reports record Q2 revenues, 21% licence revenue growth Enterprise data integration software provider Informatica has announced record revenues of $64.2 million for its second quarter ended 30 June 2005. These figures were up 21% from the $53 million recorded in the second quarter of 2004.
Licence revenues were $28.1 million, up 21% from $23.3 million in the second quarter of 2004. Net income for the second quarter, calculated in accordance with US generally accepted accounting principles (GAAP), was $7.6 million, up over 665% from net income of $1 million in the second quarter of 2004.
For the six-month period ending 30 June, revenues were $122.6 million, an increase of 14% from the $107.2 million recorded for the first six months of 2004.
Licence revenues for the first six months of 2005 were $53.1 million, up 10% from $48.2 million in the first six months of 2004. GAAP net income for the first six months of 2005 was $12 million, up over 310% versus the $2.9 million recorded in the first six months of 2004.
"21% year-over-year growth in both licence and total revenues clearly validates Informatica`s growth strategy to establish itself as the dominant leader in the enterprise data integration market," says Charl Barnard, GM of Informatica at local distributor, Knowledge Integration Dynamics (KID). "Record revenues and record profits demonstrate the exceptional execution discipline of the Informatica team."
Significant milestones achieved in the second quarter of 2005 include: * Signed repeat business with 158 customers. Customers continue to derive considerable value from their investments in Informatica solutions.
* Signed 48 new customers. Informatica increased its customer base this quarter to 2 264 companies. New customers included ACNielsen, Boston Medical Centre, Eurohypo Systems, KeyBank, Mentor Graphics, North Carolina State University, Select Comfort Group, Singapore Health Services, SUVA, ThinkTech, the US Centres for Disease Control and Prevention and the US Department of Agriculture.
* Achieved record attendance at Informatica World 2005. Informatica held its seventh -annual worldwide customer and partner conference in June in Washington, DC, and nearly doubled attendance from the previous year.
* Continued Asia-Pacific expansion. Informatica launched its presence in Beijing, Seoul, Hong Kong and Taipei in the second quarter.
* Announced record-setting 64-bit performance results. Informatica and Sun revealed new performance and scalability test results achieved during a series of data integration benchmark tests in the second quarter. Informatica`s 64-bit PowerCenter data integration platform running on Solaris 10 delivered throughput of one terabyte in 37 minutes - faster than any previously published data integration benchmark results.
* Announced support for unstructured data. Informatica continued to deliver on its two-year product roadmap by adding support for unstructured data to the PowerCenter data integration platform. Now, PowerCenter customers can access and integrate all forms of data - unstructured, semi-structured and structured - that reside across the enterprise.
* Renewed strategic partnerships with i2 and Siebel. Informatica extended its existing OEM agreement with i2 by three years, adding PowerCenter`s real-time capabilities to i2 SCOS, and making available co-distribution opportunities in Asia-Pacific by NEC Corporation. Informatica also expanded its long-standing partnership with Siebel, in which Siebel Systems` Expert Services team selected PowerCenter to power high-availability customer software upgrades. With PowerCenter, Siebel Expert Services can address the needs of customers who require near-zero downtime when migrating to new releases of Siebel CRM applications.
Informatica Corporation is a leading provider of data integration software. Using Informatica products, companies can access, integrate, visualise, and audit their enterprise information assets to help improve business performance, increase customer profitability, streamline supply chain operations and proactively manage regulatory compliance. More than 2 000 companies worldwide rely on Informatica for their end-to-end enterprise data integration needs. Informatica is distributed, supported and maintained in SA by Knowledge Integration Dynamics (KID). For more information, call +27 11 462 1277, or visit www.informatica.com or www.kid.co.za.
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