SYS-CON MEDIA Authors: Elizabeth White, Pat Romanski, Carmen Gonzalez, Gary Arora, Zakia Bouachraoui

News Feed Item

Basis Technologies Posts Record Growth in Q3 FY 2018

Basis Technologies, innovators of the most complete automation solution designed for Agile, DevOps, and testing for SAP, today announced record-breaking growth across all aspects of the business during the third quarter of their fiscal year. High growth areas include new customers, product adoption, geographic expansion, and alliances. Subscription license renewals remained extremely strong, at 98 percent per year.

Record-Breaking Revenue

Q3 was the highest performing quarter in the company’s history in terms of revenue and customer acquisition. Basis Technologies added ten new customers across multiple industry sectors, including Manufacturing, Retail, and CPG. The company saw growth across all three major geographic regions - UMEA (UK, Ireland, Middle East, Africa), Europe (formerly DACH), and AAP (Americas, Australia, New Zealand, APAC). North America led in new customer acquisitions, and Germany closed key deals with a leading steel producer and an automotive supplier.

These results and continued momentum put year-over-year estimates at 66% for annualized subscription growth. Global companies are increasingly turning to Basis Technologies for automation that transforms the way they manage SAP innovation and accelerate digital transformation.

“Our business is growing rapidly because organizations are realizing the value of automating software delivery and testing across their complex SAP environments,” said Basis Technologies CEO, Martin Metcalf. “In addition to acquiring new customers, expanding into new geographies, and growing interest from our partners, the market response to our launch of Robotic Test Automation has been extraordinary. This validates our commitment to driving customer success with the most comprehensive automation solution for SAP and the end-to-end software delivery lifecycle.”

Customer Expansion

Many of the world’s largest brands use Basis Technologies’ automation to accelerate innovation and ensure continuous quality and delivery. Customers achieve rapid ROI, resulting in high expansion rates, consistent upgrades to new releases, and adoption of new products, while the company’s annual retention rate represents a very strong indicator of customer satisfaction.

In Q3 FY18 both new and existing customers continued to invest in Basis Technologies’ flagship products, ActiveControl and Testimony, to drive DevOps and automation initiatives:

  • A multi-national Oil & Gas corporation partnered with a leading System Integrator to leverage Testimony for a massive reduction in enterprise testing costs.
  • A North American Telecommunications company used ActiveControl to integrate existing DevOps assets (Rally, GitLab) with SAP development and delivery to achieve a fully integrated continuous delivery environment.
  • A leading Healthcare customer adopted ActiveControl to streamline their SAP environment to support the delivery of Medicaid, Medicare, and a Healthcare Marketplace to over 1.5 million members in five key states.

Partner Expansion

Basis Technologies continued to expand its alliances network in Q3 and saw significant joint customer engagements around the globe, including companies in Sydney, London, Los Angeles, Dusseldorf, and Stamford, Connecticut. With the increasing need for DevOps and test automation to support SAP, partners are driving strong growth and Basis Technologies continues to invest significantly in global alliances.

Continued Product Leadership

Since releasing the world’s first Robotic Test Automation (RTA) platform for SAP regression testing in September 2017, Basis Technologies is seeing great momentum in product adoption. This radical new approach to functional regression testing of SAP environments is redefining what is possible with automation, saving companies significant time and money.

New Office Locations

In Q3, the company transferred its American headquarters to Dallas, Texas, to expand its U.S. presence and to support new jobs in Sales, Marketing, Development, Operations, and 24x7 Customer Support. In North America, Basis Technologies tripled its work force and will continue to expand in all functional areas in 2018. To meet growing demand in Germany, Basis Technologies also expanded its German presence with a new office at Potsdamer Platz in the heart of Berlin.

About Basis Technologies

Basis Technologies has delivered innovative software solutions for more than twenty years. The company focuses on automation to enable continuous delivery in SAP environments, helping companies to keep pace with their customers. Basis Technologies’ products support the adoption of methodologies such as Agile and DevOps for SAP, and their client list features a selection of major multinational companies, including some of the world’s most extensive users of SAP.

To find out more, visit

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Data center, on-premise, public-cloud, private-cloud, multi-cloud, hybrid-cloud, IoT, AI, edge, SaaS, PaaS... it's an availability, security, performance and integration nightmare even for the best of the best IT experts. Organizations realize the tremendous benefits of everything the digital transformation has to offer. Cloud adoption rates are increasing significantly, and IT budgets are morphing to follow suit. But distributing applications and infrastructure around increases risk, introdu...
DevOps has long focused on reinventing the SDLC (e.g. with CI/CD, ARA, pipeline automation etc.), while reinvention of IT Ops has lagged. However, new approaches like Site Reliability Engineering, Observability, Containerization, Operations Analytics, and ML/AI are driving a resurgence of IT Ops. In this session our expert panel will focus on how these new ideas are [putting the Ops back in DevOps orbringing modern IT Ops to DevOps].
Moving to Azure is the path to digital transformation, but not every journey is effective. Organizations that start with a cohesive, well-planned migration strategy can avoid common mistakes and stay a step ahead of the competition. Learn from Atmosera CEO, Jon Thomsen about the opportunities and challenges found in three pivotal phases of the journey to the cloud: Evaluation and Architecting, Migration and Management, and Optimization & Innovation. In each phase, there are distinct insights tha...
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...
Every organization is facing their own Digital Transformation as they attempt to stay ahead of the competition, or worse, just keep up. Each new opportunity, whether embracing machine learning, IoT, or a cloud migration, seems to bring new development, deployment, and management models. The results are more diverse and federated computing models than any time in our history.
SUSE is a German-based, multinational, open-source software company that develops and sells Linux products to business customers. Founded in 1992, it was the first company to market Linux for the enterprise. Founded in 1992, SUSE is the world's first provider of an Enterprise Linux distribution.
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world's second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactu...
CloudEXPO has been the M&A capital for Cloud companies for more than a decade with memorable acquisition news stories which came out of CloudEXPO expo floor. DevOpsSUMMIT New York faculty member Greg Bledsoe shared his views on IBM's Red Hat acquisition live from NASDAQ floor. Acquisition news was announced during CloudEXPO New York which took place November 12-13, 2019 in New York City. Our Silicon Valley 2019 schedule will showcase 200 keynotes, sessions, general sessions, power panels, and...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
The graph represents a network of 1,329 Twitter users whose recent tweets contained "#DevOps", or who were replied to or mentioned in those tweets, taken from a data set limited to a maximum of 18,000 tweets. The network was obtained from Twitter on Thursday, 10 January 2019 at 23:50 UTC. The tweets in the network were tweeted over the 7-hour, 6-minute period from Thursday, 10 January 2019 at 16:29 UTC to Thursday, 10 January 2019 at 23:36 UTC. Additional tweets that were mentioned in this...
Artifex Software began 25-years ago with Ghostscript, a page description language (PDL) interpreter software prevalent in printing and related applications requiring rendering and/or conversion from one software language to another. Founded by renowned computer scientist Dr. L. Peter Deutsch, our company has thrived on the basis of our sharp focus on this area of expertise, a zealous commitment to quality and a strong customer service orientation. Over 100 OEM partners representing some of th...
FinTech is a disruptive innovation that denotes the adoption of technologies that have changed how traditional financial services work. While FinTech is now embedded deeply into the financial services ecosystem, the rise of digital age has paved way to FinTech 2.0 - which is rolling out innovative solutions through emerging technologies at a disruptive pace while maintaining the tenets of security and compliances. Blockchain as a technology has started seeing pilot adoption in FinTech around ...
Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation. DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy. DXWorldEXPO® has organized these issues along 10 tracks, 22 keynotes and general sessions, and a faculty of 222 of the world's top speakers.
Alan Hase is Vice President of Engineering and Chief Development Officer at Big Switch. Alan has more than 20 years of experience in the networking industry and leading global engineering teams which have delivered industry leading innovation in high end routing, security, fabric and wireless technologies. Alan joined Big Switch from Extreme Networks where he was responsible for product strategy for its secure campus switching, intelligent mobility and campus orchestration products. Prior to Ext...
Japan DX Pavilion at @CloudEXPO Silicon Valley