Tasktop Announces Strong Momentum in First Half Fiscal Year 2017

Demand Growing for Value Stream Integration Solution that Allows Agile and DevOps to Work at Scale

VANCOUVER, British Columbia--()--Tasktop, the leader in Value Stream Integration, today announced that during the first half of fiscal year (FY) 2017 – covering the reporting period Oct. 1, 2016 to March 31, 2017 – the company signed more than 200 new customers, adding to its portfolio of global leaders in financial services, insurance, government and manufacturing, which include 43 of the Fortune 100, 11 of the top banks globally, six of the largest health plans, and four of the top ten US insurance companies.

The company also achieved several major milestones, including the introduction of its market-changing Tasktop Integration Hub.

According to Neelan Choksi, Tasktop president and COO, “It’s been an extraordinary start to our fiscal year: We’ve had strong revenue growth, we launched a first of its kind product based on a decade of learning from our customers and partners, our second round of funding closed, and DevOps expert Gene Kim showed his support for our vision by becoming a strategic advisor. This really validates the importance of value stream integration, which is revolutionizing software delivery in the same way the Toyota Production System revolutionized manufacturing.”

Q1 2017 highlights included the following:

Product Innovation

Value Stream Integration Solution

In January, Tasktop launched its Tasktop Integration Hub, which completely reimagines how organizations connect software delivery at scale. The new unified suite introduced model-based integration, a new visual and web-based user interface, and the ability to connect all tools and stakeholders in the delivery pipeline. Already supporting the world's largest Agile and DevOps transformations, Tasktop now enables enterprises to scale deployments to hundreds of projects, tens of thousands of users and millions of artifacts.

Newly Released Visual View of Integration Landscape

In addition, Tasktop recently released enhancements to the Tasktop Integration Hub, which now offers a landscape view – another tremendous leap towards making value stream integration, automation and visibility easy to implement at organizations of any size. By visualizing the tools and integrations in the value stream, organizations can get full visibility and move away from one-off integrations and the “spaghetti” diagrams that are commonplace today.

Using the new view, users can see at a glance what systems are integrated, and then layer on information about what’s flowing between them (e.g. Stories, Defects, Requirements). Users can also see whether they have one- or two-way flows. Landscape view also provides filters so that users can zero in on certain sections of their integration landscape, and drill down on artifacts to see exactly where they are flowing.

For administrators, this release makes it easy to understand the integration landscape at a glance. And it provides CIOs with macro visibility into all the integrations, so that they can see in one place how each system is being connected.

Expanded Partner Network
In the first half of FY 2017, Tasktop continued to expand its technology partnerships and product network with new integrations for Microsoft Sharepoint, Salesforce, SmartBear, HPE ALM Octane, Pivotal Tracker and QA Symphony.

Employee Growth
Tasktop increased its global staffing, with significant growth in both its Vancouver headquarters and Austin (U.S. headquarters) offices.

New Strategic Advisor
Gene Kim joined Tasktop in a strategic advisor role. In this role, he will provide guidance on the evolution of the company’s products and the future of DevOps and how enterprises in the real world are implementing DevOps at scale.

Awards
During this period, Tasktop was named to the 2017 Ready to Rocket list, its Tasktop Integration Hub earned TechTarget’s Editors' Choice for Innovation and Tricentis presented it with its Best ISV Partner Award.

About Tasktop

Over one million users employ Tasktop’s Value Stream Integration technology to transform software development and delivery. Tasktop not only unifies the software development and delivery team, but also provides unprecedented visibility into the business critical processes of software delivery. Tasktop customers are the global leaders in financial services, insurance, government and manufacturing, and include 43 of the Fortune 100, 11 of the top banks in the world, six of the top six health plans and four of the top ten US insurance companies. Partners, including CA, HPE and IBM, rely on our independent, vendor-neutral role to connect their customers’ software delivery disciplines via OEM distributions of our products. For more information about Tasktop, please visit: http://tasktop.com.

Twitter: @tasktop

Blog: http://blog.tasktop.com/

Contacts

Tasktop
Joyce Bartlett, +1 781-771-3112
Joyce.bartlett@tasktop.com

Release Summary

Tasktop announces strong momentum in first half of fiscal year 2017.

Contacts

Tasktop
Joyce Bartlett, +1 781-771-3112
Joyce.bartlett@tasktop.com