TeamQuest Revenue Up 25 Percent in 2011

CLEAR LAKE, Iowa, Feb. 14, 2012 /PRNewswire/ -- TeamQuest Corporation continues to defy the slumping economy as the company announced its 21st consecutive year of profitability, with a 25% increase in revenues in 2011.

"Our success is based on our customers' success," said TeamQuest President and CEO Jerred Ruble. "Everything we do is about helping IT and its customers achieve great things."

One company, Verizon Wireless, explained how TeamQuest Performance Software is one of the few tools that is universally recognized throughout Verizon Wireless IT. The company used TeamQuest software to prepare for its inaugural iPhone launch which accomplished a record number of sales without any performance issues or outages.

Communications, along with Financial, Tech and Business, and Government were the top industries, in terms of revenue, for TeamQuest in 2011. TeamQuest received a slight boost to its net revenues from the company's November 2011 acquisition of Performance Surveyor.

"Our acquisition provides our customers with automated performance and capacity analysis that spans all technology and business silos and seamlessly integrates with existing investments in configuration management, help desk, asset management and other management processes and tools," said Ruble. "Customers appreciate the flexibility and simplicity of implementing and using our capacity management solutions."

The need for capacity management software and services are important to the health of the business. With dynamic environments like virtualization and cloud, capacity management creates a more agile IT because it understands current and future resource needs. Budgeting is more disciplined and costs are controlled.

"That means meeting your service level agreements without over-provisioning, supporting business unit goals with minimum risk, and a greater responsiveness to market dynamics with a higher return on existing IT investments," said Ruble.

About TeamQuest Corporation

TeamQuest Corporation is the global leader in IT Service Optimization (ITSO), specializing in Capacity Management software. TeamQuest helps IT organizations consistently meet service levels while minimizing costs and mitigating risks. By combining performance data and business metrics, TeamQuest software enables IT organizations to provide accurate, objective information as input to critical business decisions. Companies around the world trust TeamQuest software to help them proactively improve service delivery and support best practices.

For more information, visit www.teamquest.com or call +1-641-357-2700. In Europe, Middle East and Africa, call +46-31 80 95 00, and in Asia Pacific call +61 3 9641 2288.

SOURCE TeamQuest Corporation