CA Technologies is Driving Success with Its Broad Cloud and Virtualization Portfolios - Sponsored Whitepaper

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Acquisitions of cloud companies in early 2010, like NetQoS, Nimsoft and 3Tera, are beginning to attract new and large customers, driving growth for CA. Revenue grew 3.3% year-to-year, reaching $1.17 billion, on portfolio expansion. Expansion into virtualization and cloud paid off as those businesses grew 25% year-to-year, adding 40 net new customers. Nimsoft alone added more than 36 new customers during the quarter, signifying healthy adoption of cloud solutions. CA Technologies is growing rapidly across all major geographies, excluding Europe, which declined year-to-year. The company is restructuring its executive team in Europe to aid in Europe’s revenue contribution. TBR believes CA Technologies’ virtualization and cloud strategies will continue to drive revenue growth in the single, mid-digit range.
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