Opalis Software Achieves Record Performance in Q2

Strategic Insights -

Opalis Software, a leading provider of IT process automation, has announced a remarkable quarter, surpassing its previous highs in revenue and customer adoption. The company's financial results, released on August 6, show a 97% year-over-year increase in net license revenue, marking the highest quarterly revenue in its history. This success can be attributed to the company's innovative solutions, which have resonated with top-tier clients worldwide, including Dow Chemical and Fujitsu Services.

Key Takeaways:

  • Opalis achieved a 97% year-over-year increase in net license revenue, a record high for the company.
  • The company saw the highest quarterly revenue in its history, driven by demand for its IT process automation solutions.
  • Multiple large customers, including Dow Chemical and Fujitsu Services, participated in joint activities and press releases with Opalis.
  • Opalis announced new solutions for virtual service management with Microsoft and cloud computing with Amazon.
  • The company helped customers migrate incident response, change management, and data migration processes into production.
  • Key deals signed by Opalis include:

+ U.S.-based global outsourcer (revenue: $16.74 billion) chose Opalis over BMC, CA, HP, and VMware.

+ Europe's third-largest telecommunications provider (over 159 million customers, EUR53.5 billion revenue) chose Opalis for automation.

+ A New York-based investment management firm (over $11 billion assets) licensed Opalis for audited trade data reconciliation.

+ A New York-based provider of online search and advertiser content licensed Opalis for remote desktop management and incident remediation.

+ A Netherlands-based global transportation and distribution company (EUR11.1 billion revenue) upgraded its BMC BladeLogic OEM license to a full-use license.

+ A Queensland, Australia-based electric utilities company (over $4.6 billion value) reordered Opalis for change management automation.

  • Opalis's solutions have consistently demonstrated the ability to reduce cost and risk through IT process automation across heterogeneous tool silos.

Statistics:

  • 97% year-over-year increase in net license revenue (Opalis Software).
  • $16.74 billion revenue of the U.S.-based global outsourcer that chose Opalis over BMC, CA, HP, and VMware.
  • 159 million customers of Europe's third-largest telecommunications provider that chose Opalis for automation.
  • EUR53.5 billion revenue of the Europe's third-largest telecommunications provider that chose Opalis for automation.
  • EUR11.1 billion revenue of the Netherlands-based global transportation and distribution company that upgraded its BMC BladeLogic OEM license to a full-use license.
  • Over $4.6 billion value of the Queensland, Australia-based electric utilities company that reordered Opalis for change management automation.
  • Over $11 billion assets of the New York-based investment management firm that licensed Opalis for audited trade data reconciliation.

Sources:

  • Opalis Software's August 6 release announcing record performance for Q2.
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