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Tango/04 Achieves Historic Growth Rate in First Half of 2010

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Increase was due to consolidation of the company's software offerings and strengthening of its professional services to answer each client's individual needs. 

Tango/04 Computing Group, developer of software solutions for enterprise monitoring and business service management (BSM), announced results for the first half of 2010 of 41 percent growth compared to the same period in 2009.

The results represent an historic record for any half-year period by the company, which even forecasts a second half that is just as successful.

Raúl Cristián Aguirre, CEO of Tango/04 Computing Group, says, "We are really happy; despite the fact that last year was very difficult in almost every market, everyone at Tango/04 did an awesome job working as a team, and that made us stronger than ever. We are doing projects that are absolutely pioneer[ing] in the world and we achieved great results in the most consolidated regions, achieving great growth and extraordinary sales such as Caja Navarra in Spain, and Banco Itaú in Chile, to whom we sold our solutions from Barcelona/04, our subsidiary in Argentina. And we continue to grow in regions in which our presence is not so strong yet, but we are confident that it soon will be. Such was the case of the sale to Nike for their operations in China."

Growth was due to the consolidation of the software offered by the company, and, more significantly, to a strengthening of its professional services offer. The latter was oriented to immediately answering the needs of each client, with the purpose of accompanying them through the entire process of their relationship with Tango/04. The company took its customers from the beginning of the projects to implementation and into ongoing maintenance, as well as updating and adaptation of the solutions to meet their new needs.

"This growth is the result of a lot of hard work and effort," says Aguirre. "And there is another factor that I consider essential, an indicator that for Tango/04 is the most important of all: the one that measures our customers’ satisfaction with our solutions. And it's nice to see that it is very high. If we are fans of quality, good service, exceeding customer expectations, and helping them achieve ever higher goals, I have no doubt that we will continue reaching our own," concludes Aguirre.

About Tango/04 Computing Group

Tango/04 Computing Group is a leading developer of monitoring software for technology, security/compliance, and business service management (BSM). Tango/04 helps companies maintain their operating health of business processes, improve service levels, comply with security audits, increase productivity, and reduce operating costs while aligning their IT department with their business objectives. The group’s unparalleled “1-2-3” monitoring approach provides in only one single, easy-to-use, real-time, multi-platform solution a powerful tool to: 1) Manage critical infrastructure, applications, and business services (BSM), 2) Comply with current and future audits, and control security in real time, and 3) Manage business processes in a centralized and effective way. The group operates throughout the world through a vast network of business partners and has more than 2,000 customers. For more information, visit www.tango04.com.

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