CIMdata PLM Industry Summary Online Archive

11 April 2007

Financial News

CollabNet® Continues Record Business and Customer Growth

CollabNet announced a 122 percent year-over-year growth in new customers in the first quarter of 2007, making it the third consecutive quarter in which customer growth exceeded 70 percent or more. New additions to CollabNet's expanding global customer base include enterprise organizations such as Ball Aerospace & Technology Group, Mitac, Opsware, Siemens Medical Solutions, and Centrix KK.

Fueled by the industry's rapid adoption of its net-centric collaborative development model and SubversionTM-based development platform CollabNet Enterprise Edition (CEE), CollabNet is the leading enabler of global distributed software development with more than 16,000 public and private projects, and the equivalent of over 7TB of software assets and intellectual property (IP) now under management through CollabNet's software as a service (SAAS) based platform.

Seeking ways to accelerate product development cycles, increase output of developers, and reduce the cost of developer test and build infrastructure in the rapidly emerging paradigm of distributed software development, businesses are using CollabNet solutions for speed, agility, cost efficiency, and innovation. This is demonstrated by:

CollabNet's sponsorship of Subversion ( http://www.collab.net/subversion ), the version control system for software developers and one of the most successful open source projects. Celebrating its third birthday this year, Subversion adoption continues to increase by 265 percent year over year ( http://subversion.open.collab.net/subversion-adoption.html ).

CollabNet's December 2006 introduction of CollabNet CUBiT, the virtualization solution that is gaining traction as the first solution to centrally and dynamically provision and manage development, build, and test environments.

CollabNet's launch of openCollabNet ( http://www.open.collab.net/ ) in November 2006, a rich online community with more than 100,000 visitors and over 5,000 registered users of Subversion and CollabNet as well as free downloads of its flagship products CollabNet Enterprise Edition along with certified versions of Subversion.

CollabNet's integration with Eclipse Mylar for task prioritization that creates a highly productive and easy to use Eclipse-based developer desktop.

"CollabNet has played a major role in helping global organizations like Reuters and Philips Medical Systems drive innovation by proliferating collaboration with geographically dispersed partners, customers and developers and eliminating development silos," said Bill Portelli, CollabNet president and CEO. "We are offering two to ten times the cost advantage and a 20 to 50 percent productivity improvement, as compared to costly conventional development platforms that do not meet the fundamental needs of today's highly distributed net-centric software development organizations."

CollabNet's product portfolio helps manage the end-to-end lifecycle of an application in a Web-based environment, without compromising enterprise requirements for high security, reliability and data privacy. It consists of CollabNet Enterprise Edition, CollabNet Subversion, CollabNet Community Edition and, released at the end of 2006, CollabNet Centralized & Unified Build, Integration, Test (CUBiT).

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