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Tricentis News

Tricentis Delivers 3rd Year of High Double-Digit Growth as Demand for Testing Transformation Surges

We’re excited to announce that 2018 was our third consecutive year of high-double-digit growth, with 400+ new clients this past year. This news follows another major milestone: the closing of our merger with QASymphony—adding qTest open source testing, Agile test management, and predictive test analytics to the growing Tricentis portfolio.

The merged organization provides the most modern platform for transforming software testing to keep pace with digital transformation. For Agile teams, Tricentis qTest adds a suite of software testing tools designed to improve speed, efficiency and collaboration throughout the software testing lifecycle.  These new Agile Dev Testing capabilities complement the company’s flagship Tricentis Tosca continuous testing, which provides resilient end-to-end regression testing across any architecture or application stack (150+ technologies). Additionally, Tricentis Flood integrates with both Tricentis Tosca and Tricentis qTest, giving developers and testers instant access to cloud-based performance labs for on-demand load testing.

With digital transformation initiatives permeating the CIO agenda and triggering unprecedented DevOps and Agile adoption, enterprises are reaching a tipping point for software testing. As companies demand more software faster, software testing emerges as the greatest bottleneck to delivery speed. Despite the drive towards digital transformation, software testing remains a predominantly manual activity that delays releases and consumes 30-40 percent of an organization’s application budget.

“More and more Global 2000 organizations are recognizing that they must start transforming testing now in order to achieve their digital transformation objectives,” explained Tricentis CEO Sandeep Johri. “We’re proud to have helped leading companies reinvent testing—enabling them to accelerate innovation while reducing business risk and lowering costs. Just adding test automation tools doesn’t achieve the desired results. You also need to change the culture, address core practices like test case design and test data management, as well as orchestrate tests across a broad array of technologies.”

Tricentis COO Dave Keil added, “Replacing HP QC and UFT is a distinct contributing factor to Tricentis’ strong revenue growth. Digital transformation initiatives are forcing development teams to adopt more modern architectures and ‘shift’ testing both left and right. At the same time, IT leaders are looking to de-risk their software DevTest portfolios, moving away from unstable vendors like Micro Focus and CA (now Broadcom). In response, many organizations are now scrutinizing their existing testing portfolios and deciding that it’s time to move on—to a modern, innovative solution that’s built for the new speed of business.”