Infragistics Achieves Record Revenue in 2011
Strong Quarters, Significant Product Launches and Emerging Technology Investments Fuel Company Success
CRANBURY, N.J. and LONDON, March 1, 2012 /PRNewswire/ -- Infragistics, the user experience software company and world leader in user interface (UI) development tools, today announced record growth in 2011.
Infragistics hit several milestones fueling its strong growth including 26% year-over-year revenue increase over year 2010. As part of this growth, Infragistics India reported 80% revenue increase and Infragistics Japan posted 60% revenue growth. Q4 2011 year-over-year revenue growth increased to 22% with Infragistics Services Group revenue nearly doubling.
"In 2011, we introduced exciting new products, enhanced our most popular ones and implemented inspiring new UIs through our Services group," said Dean Guida, CEO of Infragistics. "Combined with our investments in emerging technology and senior talent, we continue to deliver market and product value to meet our customers' current and future user experience needs."
The Company achieved the following significant goals in Q4 2011:
- Debuted NetAdvantage for SharePoint, a web parts toolset that empowers professionals to quickly and easily visualize SharePoint data for better interpretation and action.
- Launched NetAdvantage Reporting, the client-side/server-side solution for building eye-catching reports in the shortest possible time.
- Introduced NetAdvantage Ultimate 2011 Volume 2, with data visualization enhancements and business intelligence capabilities to promote the development of high-fidelity, meaningful UIs across multiple platforms.
- Invested in senior talent with six key hires across Engineering, Marketing, Human Resources, Sales and User Experience.
"With the addition of SharePlus to our product set this year, our success in 2011 primes us to scale the business for 2012 growth both in the application development space and in the business solutions market," added Guida.
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About Infragistics
As the user experience software company and a world leader in user interface (UI) development tools, Infragistics empowers developers to build and style immersive user experiences and rich data visualization in line of business applications across all platforms - Windows Forms, WPF, ASP.NET, Silverlight, jQuery, Windows Phone and SharePoint. Infragistics SharePlus business solutions deliver exceptional value and productivity to enterprise customers across all computing devices. Infragistics also has a range of value-added services including UI testing tools, support, training and consulting services. For additional information on Infragistics, products and career opportunities, please call us in the U.S. at +1 (800) 231-8588, +1 (609) 448-2000; in Europe, the Middle East, or Africa (EMEA) at +44 (0) 20 8387 1474; in Japan at +81 3 5474 8040; in APAC at + 03 9982 4545.
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