Press Releases : 2007
Oblicore Achieves Record Revenue and Bookings in 2006
Company Bolsters Market Leadership - New Executives and Breakthrough Product Offering Drive International Expansion and Growing Global Customer Base
CAMBRIDGE, Mass., February 12, 2007 Oblicore, Inc., a leading provider of Service Level Management software, today announced results for 2006 comprise its strongest revenue and bookings year yet. During the year, Oblicore expanded its leadership team, launched a new product line called Oblicore Contract CenterTM and significantly added to its global footprint with 24 new customers, including its first customer in the Asia Pacific geography. Oblicore completed the year with customers in 15 separate countries including Australia, Belgium, Croatia, Finland, France, Germany, India, Israel, Italy, Qatar, Slovenia, Spain, The Netherlands, United Kingdom and the United States.
In 2006, Oblicore introduced Oblicore Contract Center as a product line extension to its flagship Oblicore GuaranteeTM offering. Oblicore Contract Center is a new Web-based service catalog and contract management product that streamlines the definition and management of IT-enabled services and service contracts. With the introduction of Oblicore Contract Center, Oblicore is addressing a large portion of the enterprise IT services market that is still in the early stages of adopting Information Technology Infrastructure Library (ITIL)-based service delivery processes. These enterprises can deploy Contract Center in five days to begin gaining greater visibility and control over their IT-enabled services while safeguarding their investment with a clear upgrade path to a full-Service Level Management solution as their needs evolve.
During 2006, Oblicore was covered in analyst reports from Gartner, Ovum, Dittberner, EquaTerra, Aberdeen Group, the 451 Group and Enterprise Management Associates.
To further manage the company’s expansion, Oblicore enhanced the management team in 2006 with the following industry leaders:
- Jonathan McKay, a 30-year technology management veteran, named chairman of its board of directors; and
- Bernd Leger, former vice president of Marketing of NaviSite, named vice president of marketing.
“Oblicore continues to demonstrate its market leadership in the Service Level Management market with record bookings and stellar additions to our blue-chip customer base,” said Jonathan McKay, Oblicore chairman and interim CEO. “Global 1200 companies and service providers increasingly see Oblicore Guarantee as a cornerstone in their strategies to bring their IT and business goals closer together by automating and optimizing their service delivery, helping them focus on their most valuable asset, their customers.”
About Oblicore
Oblicore is the leading provider of Service Level Management software. Our flagship product, Oblicore Guarantee, automates, activates, and accelerates the monitoring, reporting, and management of all business technology service level agreements and service delivery for enterprises and service providers. An enabler of business management, Oblicore Guarantee allows organizations to understand the cost implications of service delivery agreements in real time for penalties, rewards, and new opportunities. For the first time, enterprises and service providers have complete visibility and can proactively manage service delivery across business and technology infrastructure from one solution.
Oblicore’s software solutions are leveraged by both service providers and global 1200 enterprises, such as ABN Amro, BT, Cable & Wireless, E.ON, France Telecom, Lufthansa Systems, Siemens Medical Solutions, and T-Systems, to align their organizational performance with business objectives. Oblicore is headquartered in Cambridge, Massachusetts, with offices across North America, Europe, and Asia Pacific. For more information, please visit http://www.oblicore.com.