Performance Management Vendor Tagetik Announces Positive Growth, Plans Expansion with Integration to Microsoft Dynamics CRM and ERP

Tagetik, a Microsoft partner and provider of performance management, enterprise governance, risk and compliance and business intelligence announced in an earnings statement that the company saw positive growth in the first half of the 2010 fiscal year, and that their new release, Tagetik 3.0, would include integration to Microsoft Dynamics ERP and CRM.

Tagetik's COO, Manuel Vellutini, said the company ended the period with a 33% consolidated growth compared to last year, 61% growth on new license revenues and 32 new customers worldwide. And, officials said the company is on track to grow even more in the second half of the fiscal year.

As part of the company's expected technological growth, officials said they're going to certify and launch the integration of Tagetik 3.0 with Microsoft Dynamics ERP and Microsoft Dynamics CRM so Microsoft customers can have one unified platform to manage and improve business performance.

"We have set ourselves highly ambitious and challenging objectives for 2010 and these results convince me that we are on the right track," said Pierluigi Pierallini, President and CEO at the Lucca, Italy-based Tagetik, in a statement. "We are proving on the market to be different as we remained an independent vendor and strongly committed on integrating performance management and BI processes with collaboration and communication technologies. And we expect the same outstanding results for the year end."

In the last six months, Tagetik has opened new offices in Turkey and the Nordic region and is planning to open new offices in Poland, the Middle East Region and South America in the Q3 and Q4 2010. In addition, Tagetik officials said they are continuing to build up a strong relationship with Microsoft in order to leverage the integration of the company's software with Microsoft SharePoint Server 2010 ...