Compuware Continues to Drive APM Innovation and Leadership With Highest Growth Rate of the Top Three Vendors
DETROIT, Oct. 2, 2013 (GLOBE NEWSWIRE) -- Compuware Corporation (Nasdaq:CPWR), the technology performance company delivering a new generation of application performance management (APM), today announced that industry analyst firm International Data Corporation (IDC) has ranked Compuware the world's third largest APM software vendor based on 2012 revenue. Compuware also had the highest growth rate of the top three vendors.
According to IDC's market analysis report titled: "Worldwide Application Performance Management Software 2012 Vendor Shares," Compuware's APM business unit ranked third, with APM revenue estimated at $272.0 million, representing a 12.3 percent market share.i Compuware's 19.8 percent growth rate from 2011 to 2012 was the highest out of the top three vendors.
IDC expects the worldwide APM market will top $2.5 billion in 2013 and will total almost $4.0 billion by 2017.ii
"This ranking reaffirms our strength and leadership in the APM market," said John Van Siclen, General Manager of Compuware's APM business unit. "Our innovative, new generation approach to APM is redefining the APM landscape and shifting the expectations of the market. Not only are we enjoying the business lift from this new approach to APM, but our customers are enjoying a new generation of value from their APM investments as well."
Compuware APM is the leader in a new generation of application performance management. Unlike traditional APM solutions that are heavy, difficult and reactive, Compuware APM is light, smart and proactive. Compuware APM is built to manage the complexity of today's most challenging modern applications including mobile, cloud, big data and SOA. Compuware APM optimizes and monitors tens of thousands of applications for more than 4,000 customers, large and small, around the globe. Through the lens of end-user experience, our customers enjoy faster performance, proactive problem resolution, accelerated time-to-market and reduced application management costs through smarter analytics, advanced APM automation and a unique performance lifecycle foundation.
To read more about Compuware's leadership in the APM market, click here.
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Compuware Corporation, the technology performance company, makes technology make a difference by providing software, experts and best practices to ensure technology works well and delivers value. Compuware solutions make the world's most important technologies perform at their best for leading organizations worldwide, including 46 of the top 50 Fortune 500 companies and 12 of the top 20 most visited U.S. web sites. Learn more at: http://www.compuware.com.
i IDC: Worldwide Application Performance Management Software 2012 Vendor Shares; Doc #242949, September 2013
ii IDC: Worldwide Application Performance Management Software 2013-2017 Forecast: Cloud and Mobile Fueling Rising Demand; Doc #242875, September 2013
CONTACT: Press Contact Kayla Siefker Senior Public Relations Manager Compuware APM Business Unit email@example.com 313-227-1402 Jackie Lucas Warner Communications 978-526-1960 Jackie@warnerpr.com For Sales and Marketing Information Compuware Corporation One Campus Martius Detroit, MI 48226 800-521-9353 http://www.compuware.com