Cormant Reports 2011 Revenue Growth, International Customer Expansion

Cormant, Inc., an IT infrastructure management software provider, has capped-off 2011 by announcing both revenue growth and international customer momentum. Specifically, the company has roughly 37 percent revenue growth from 2010 to 2011 and added more customers in Asia-Pacific, Europe and North America. In a prepared statement, Cormant CEO Paul Goodison offered an explanation for the software provider’s successful year.

“IT departments across the globe are waking up to the fact that they need to do more to manage their assets, a trend we expect to continue to see in 2012,” Goodison said. “As a result of the channel partnerships we established this year, in addition to IT departments becoming more aware of the importance of having a single pane of glass view into their physical and logical assets, we have seen sales and upgrades across the world.”

Those increased sales figures and upgrades are coming from specific sectors that are increasingly adopting Cormant’s CableSolve IT management software solution: financial institutions, the healthcare sector, education, government and multi-national enterprises. Why? The Cormant CableSolve mobile application edition supports enterprise IT management. CableSolve is a three-part software solution that can also be installed on servers and desktops.

More recently, Cormant developed a fourth type of its CableSolve solution – a Web application that features an enhanced user dashboard, up-to-the-minute reporting, improved layout options, configured dashboards that can be imported and exported and the ability to add, update and remove IT components.

 

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