Software, the leading provider of user experience and performance
management software, today announced significant corporate performance
milestones in 2012, fueled by increased industry demand for user
experience management solutions, and marked by accelerated growth of its
customer base and continued rapid expansion into global markets.
"To say that 2012 was an exciting year for Knoa would be an
understatement," said Thad Eidman, Chief Executive Officer, Knoa
Software. "Knoa has become the de facto standard for end-user experience
and performance management in the United States, and our success with
the Fortune 100 has fueled global expansion with many new licensees in
Latin America, Europe, Asia Pacific and North America. We are truly
breaking new ground in terms of the rapid recognition of value to both
IT and business decision-makers who are trying to maximize the value of
their infrastructure investments."
2012 Adoption and GrowthKnoa leadership in user experience
management continues to grow on a global basis. In the last 12 months,
Knoa doubled revenue in important global markets such as EMEA and
Russia. In addition, the company announced a series of successes in key
markets including pharmaceutical, wholesale, telecommunications,
commercial banking and additional markets. Knoa's market leadership
remains unchallenged - another major Fortune 50 company became a
licensee of Knoa Software in Q4 of 2012. Over 20 percent of the Fortune
50 and hundreds of global companies license Knoa EPM software and
solutions to optimize business performance and deliver strong return on
Additional FundingIn December 2012, Knoa announced it has
raised a $7.5 million growth round from existing investors Ascent
Ventures and FA
Tech, and new investors Gefinor
Capital Partners and Rand
Capital. This latest round of investment will help broaden the
global reach of Knoa's solutions.
Expanded Executive TeamIn order to accelerate and support
Knoa's growing market momentum, the company announced the addition of
four executives to its management team: Kent Jarvi, Chief Financial
Officer; Michael Zuckerman, Chief Marketing Officer and Vice President;
Tim Murphy, Vice President of Software Development; and Minnie
Punj-Introne, Vice President, Services.
Groundbreaking InnovationKnoa maintained a rapid pace of
innovation and vision in 2012. In a market increasingly driven toward
reducing the overall cost of IT service desk operations and training
while providing executive-level insight into application usage, Knoa
embarked on a journey to provide the extensive capabilities that
enterprises require today. The result has been a significant broadening
and improvement of Knoa's product and technology portfolio, including:
Industry RecognitionIndustry analysts credited Knoa in 2012
as a technology visionary with great promise for continued success and
innovation, underscoring Knoa's leadership position in the end-user
experience and performance management market:
About Knoa SoftwareKnoa® Software delivers on-premise and
cloud-based solutions that monitor, measure and manage how end-users are
utilizing enterprise applications to optimize end-user experience,
enhance user performance, and deliver return on investment. Uniquely,
Knoa Automation provides complete and deep insight into all activities,
by user, for each application monitored. Twenty percent of the Fortune
50 and hundreds of Global 5000 companies have already licensed Knoa
software to power their user experience and optimize their performance.
For more information, visit www.knoa.com.
You can also follow us on Twitter: @knoasoftware.
Visit our Video page for instant access to our content on YouTube: http://www.knoa.com/main/dc_video_library.jsp
SAP, SAP NetWeaver and all SAP logos are trademarks or registered
trademarks of SAP AG in Germany and in several other countries.
Business Objects, BusinessObjects and the Business Objects logo are
trademarks or registered trademarks of Business Objects in the United
States and/or other countries. Business Objects is an SAP company.
All other product and service names mentioned are the trademarks of
their respective companies.
[ Back To NFVZone's Homepage ]