Tek-Tools Software has announced that it closed the second quarter 2009 with an increase in revenue of 45 percent over the same quarter of the previous year.
Unrelenting demand on IT organizations to cost effectively manage virtualization sprawl, servers, storage, back up, applications and more fuels Tek-Tools continued growth. Existing customers driven by the need for end-to-end visibility into both virtualized and physical IT resources expanded their installations of Tek-Tools Profiler Suite accounting for 57 percent of revenue in the second quarter 2009. Simultaneously, the company added 57 percent more customers and increased new business revenue by 36 percent over the second quarter 2008. Revenue from direct sales and the channel continues to grow, 33 percent and 70 percent over Q2 2008, respectively.
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