Press Release
CollabNet® completes 61 enterprise transactions in first half of 2006
CollabNet Continues Strong Growth and Sees Increased Demand for its Enterprise-Class, Collaborative Development Solutions
BRISBANE, Calif., July 18, 2006 — CollabNet, the leading provider of on-demand collaborative software development solutions, today announced the closing of 61 customer transactions in the first half of 2006. Among these customers are market leaders Bell South, Electronic Arts, Merck and Red Hat who will partner with CollabNet to integrate their global operations, development teams, and business partners. Each of these customers use CollabNet's on demand, distributed software development solutions to enable global development teams to collaborate more effectively over the Web, improving the overall quality and success of software projects. CollabNet's customers are able to reap the proven benefits of CollabNet's on demand model, including high value, low cost, faster time-to-market, easy implementation and scalability, without having to compromise enterprise needs for high security, reliability and data privacy.
"The secret to our customers' success is that they are more productive in a shorter period of time," said Bill Portelli, CollabNet President and CEO. "Our web-based collaboration solution enables global software teams to leverage resources from partners, off-shore services and teams around the globe resulting in more innovative, higher quality software. The competitive pressures from our flattened world demand organizations find more agile and collaborative ways of working together and we help our customers meet this challenge and compete successfully in the global economy."
CollabNet's technology is built on the collaboration and participatory best practices pioneered by open source communities and enables teams, either in enterprises or development communities, to work together seamlessly via the Web. Unlike traditional software development tools, CollabNet provides pre-configured services that easily work with any existing software development tools, technologies, and processes. CollabNet's customers will be using both CollabNet's Enterprise Edition and Community Edition solutions. CollabNet Enterprise Edition integrates tools for software development, project management, knowledge management, and communication management in a Web-based software development environment. CollabNet Community Edition is a proven collaborative ecosystem of tools and community management services that is scalable to hundreds of thousands of participants around any developer community, business strategy, or product strategy.
"Red Hat is the most successful open source company," said Matthew J. Szulik, Chairman and CEO, Red Hat. "We turned to CollabNet to help ensure the success of our latest open source community development project, 108, https://www.108.redhat.com/. The goal of this new project is to provide enterprise developers with real solutions for open source technology - industry leading support from multiple experts, substantive information, resources and community interaction. As CollabNet has powered and managed more than 20 leading open source development communities, their unparalleled expertise made them a clear choice for our 108 project."
The following are representative of the 61 enterprise transactions CollabNet completed in the first half of 2006, and show the breadth of CollabNet's solutions as well as the various business strategies for which companies are employing distributed development solutions:
- BellSouth: BellSouth's science and technology group came to CollabNet for services, support and infrastructure to back their switch to the CollabNet sponsored Subversion, open source version control tool
- Electronic Arts: EA came to CollabNet to help grow and increase the success of an internal development community created to reduce unnecessary costs and delays with business and gaming development projects. Leveraging CollabNet's expertise, EA has increased its community from 32 to more than 200 users in just three weeks and they plan to expand the community to partners and the gaming community in the future.
- Merck & Co., Inc.: Merck began working with CollabNet to give its remote development teams located in New Jersey, Korea, South America, Singapore, and the UK an easy to use, comprehensive development environment they could access via the Web.
- Red Hat: Red Hat is using CollabNet Community Edition to power its new open source community, www.108.redhat.com. In just two weeks, CollabNet has managed 20 projects and approximately 200 users in the development community.
"Our success is dependent on making our customers' successful and nothing is more important to our organization," said Michael Hallett, Vice President of Worldwide Field Operations. "With customer satisfaction and business renewal ratings higher than 95%, it's clear our customers are realizing tremendous value by enabling their developers around the world to collaborate and work together as one team. With 10 major industry product and company awards already this year, CollabNet is the recognized market leader changing the way software products are developed on a global scale."
About CollabNet
CollabNet is the most widely used on-demand collaborative development environment in the world with more than 800,000 developers and IT projects managers collaborating on-line through CollabNet. The company is transforming the way software is being developed by enabling organizations to leverage global development talents to deliver better products and innovate faster.
Using CollabNet Enterprise Edition, project members can work as one team throughout the lifecycle of a project, regardless of their location. Unlike traditional software development tools, CollabNet supports globally distributed teams in a cost-effective way, yielding unprecedented annual savings through reduced development infrastructure costs, increased productivity, improved project visibility and shared access to software assets. Founded upon open source principles, CollabNet is also the primary sponsor of the Subversion open source project, the next-generation version control system.
More than 50 Global 2000 companies use CollabNet today as the foundation for their collaborative development, off-shoring, open source, and partner co-development efforts. CollabNet has been recognized for its leadership with 10 major industry awards in 2006 including the Red Herring 100 and the Codie Award. Visit CollabNet at http://www.collab.net or www.collab.net/subversion for more information about Subversion.
CollabNet is a trademark of CollabNet, Inc. or its affiliated companies. Other names are trademarks of their respective owners.
