BOSTON, March 1, 2016 – MEGA International reported today that its US software sales grew 100% in 2015, making it the company’s largest market for its innovative business and digital transformation software solutions.
The company also saw 100% growth in software sales in Asia and achieved impressive sales and revenue growth in its markets in Europe and Latin America; MEGA’s overall software sales grew 51% worldwide.
MEGA has been recognized for years as an industry leader by prominent analyst firms.
- 2015 was the seventh year in a row that Gartner, Inc. named MEGA as a leader in enterprise architecture (EA) tools.
- MEGA received the GRC Innovation Award from GRC 20/20 Research for its model risk management solution, part of its governance, risk and compliance (GRC) lineup of products.
- Forrester Research positioned MEGA as a leader in The Forrester Wave: Strategic Planning for the BT Agenda, Q1 2015, The Top 11 Vendors in the Emerging Strategic Planning Market.
MEGA’s offerings are used by Fortune 1000 companies to manage transformation so they can profit from market opportunities and drive growth. Its HOPEX solutions aid companies in their digital transformation journey by providing a united view of the business, its strategies, assets, processes and risks. The solutions eliminate silos of information, helping executives make informed business decisions.
A large part of MEGA’s growth in 2015 was due to increased sales of its IT Portfolio Management solution, which has a typical ROI of 14 months or less. During periods of rapid business and IT change, more and more companies prioritize regaining control of their IT assets as the best way to begin a successful transformation initiative.
“The remarkable sales increase in 2015 shows that many of the largest US companies agree with industry analysts both in the need for comprehensive, integrated business and IT transformation solutions and in their choice of MEGA’s industry-leading offerings to help them transform their businesses,” explained Lucio de Risi, CEO, MEGA.
“We saw tremendous growth in both the number and size of sales to a broader group of companies,” de Risi noted “Enterprises are selecting our transformation solutions to help large groups of their employees, both in business and IT roles, obtain visibility into the organization and gain competitive advantage. Many of our customers have plans to significantly increase the number of people using MEGA solutions over the next several months.”
The company expanded its leadership team in 2015 with the addition of a worldwide chief technology officer. To reinforce his team and increase cloud options, a dozen new architects and developers are being recruited. MEGA also appointed new vice presidents to oversee operations in the US, UK and Latin America. In the US, MEGA increased the size of its sales and consulting groups to meet growing demand from new customers. Additionally, the company introduced several new strategic partners, including BDNA, CC and C Solutions, Clarus Group and Softtek.
Across all industries, business transformation is the new corporate priority. Companies are investing in digital transformation because of:
- an increase in mergers and acquisitions
- the shift by competitors to an all-digital environment
- demands to improve the customer journey and experience
“Traditional interactions between company and customer are being scrapped as technology revolutionizes businesses,” said de Risi. “Uber is a perfect example … it created a new customer experience facilitated by technology to radically disrupt traditional transportation and dislodge the taxi and public transit industries from their monopoly positions.”