Welcome!

Open Source Authors: Carmen Gonzalez, Trevor Parsons, Dmitriy Stepanov, Lacey Thoms, Yeshim Deniz

News Feed Item

Black Duck Reports Record Fourth Quarter Fueled By Enterprise-Based New Business

Software and Consulting Company's Growth Demonstrates Importance of Open Source Governance and Compliance Solutions

BURLINGTON, Mass., Jan. 14, 2013 /PRNewswire/ -- Black Duck Software, the trusted partner for open source software adoption, management, and governance, today reported record sales in the final quarter of 2012 and for the full year.  The fourth quarter was the largest in the company's history, with sequential quarterly growth in excess of 30 percent.  The company's annual new business growth of 39 percent demonstrates the importance of Black Duck's governance and compliance solutions for open source software (OSS) use. 

(Logo: http://photos.prnewswire.com/prnh/20121025/NE99895LOGO )

Growth was fueled by new enterprise customers, especially in the financial services industry which is increasingly relying on open source technology and methods, along with the automotive, consumer electronics and industrial manufacturing verticals.  In addition, Black Duck reported particularly strong results in greater China, with 48 percent growth in the region during 2012.      

"One of the most important changes in 2012 regarding the strategic use of open source in software development is that the conversation is happening at all levels of the organizations – from CxOs to developers to competing companies in industry ecosystems – in an ever-growing number of verticals," said Tim Yeaton, President & CEO, Black Duck.  "At Black Duck, we see particular emphasis on the need for open source governance and compliance as industries like financial services and manufacturing increasingly rely on software to differentiate their offerings, and expect this trend will garner even more momentum in 2013."

Black Duck 2012 milestones included:

  • The addition of 62 new customers during the fourth quarter and 235 new customers during 2012, adding to the company's base of over 1,000 enterprises around the world.  In addition to large, multinational organizations, new customers in the fourth quarter included CommScope, Inc., Danaher Corporation, Infinisource, Intermedia, Lone Rock Technology Group, North Plains Systems and Revinate 
  • Thomas F. Bogan became Chairman of the Board.  Bogan's experience and expertise in scaling early-stage enterprise software companies will contribute to Black Duck's mission to enable organizations to build innovative software faster through the managed use of OSS.
  • The release of Black Duck Suite 6.1, the market-leading open source software (OSS) management and governance platform. Suite 6.1 includes Express Scan, which speeds open source code discovery and delivers ease-of-use, scalability and code visibility to improve compliance and developer collaboration, and an enhanced Application Lifecycle Management (ALM) tool integration framework. Suite 6.1 can be deployed on premises or as Software-as-a-Service (SaaS).
  • Significant updates to Ohloh.net, including:
    • Licensing Ohloh data under the Creative Commons Attribution 3.0 Unported license.
    • Ohloh Code, the most powerful open source code search engine available free of charge to the open source community.  
    • The Ohloh Organizations feature, enabling corporations, foundations, nonprofits, educational institutions, and government entities to identify affiliated projects and begin aggregating key statistics about the code, contributions, and people involved.
  • Black Duck announced the availability of the Black Duck Code Quality Audit (CQA) service, a scalable solution which quickly delivers a comprehensive code quality report and bill of materials for internal audits and mergers and acquisitions (M&A) requirements.
  • Black Duck and Olliance Consulting, a division of Black Duck, in conjunction with global management consulting firm BearingPoint, announced the availability of the Black Duck® Governance Fast Start™ for Automotive and the Governance Fast Start™ for GENIVI Members, packages designed to speed and reduce the cost of development for automotive manufacturers and Tier 1 suppliers.

Awards and recognition for the company included:

  • Named to the SD Times 100 for the fifth consecutive year.  Black Duck was honored in the QA & Security category of this list of leaders, innovators, and influencers in software development.
  • Included in the Software Magazine 500 for the fourth consecutive year.  Black Duck ranked #383, moving up 23 spots from its 2011 ranking.
  • Rated as a Top Place to Work in Massachusetts in the 2012 employee-based survey from The Boston Globe.
  • Garnered silver honors in the Best in Biz Award, the only independent business awards program judged by member of the press and industry analysts.  The company was recognized in the Fastest-Growing Company of the Year category among mid-sized companies (101-1,000 employees).

About Black Duck Software
Offering award-winning software and consulting, Black Duck is the partner of choice for open source software adoption, governance and management. Enterprises of every size depend on Black Duck to harness the power of open source technologies and methods.  As part of the greater OSS community, Black Duck connects developers to comprehensive OSS resources through Ohloh.net, and to the latest commentary from industry experts through the Open Source Delivers blog. Black Duck also hosts the Open Source Think Tank, an international event where thought leaders collaborate on the future of open source. Black Duck is headquartered near Boston and has offices in San Mateo, St. Louis, London, Paris, Frankfurt, Hong Kong, Tokyo, Seoul and Beijing. For more information about how to leverage open source to deliver faster innovation, greater creativity and improved efficiency, visit www.blackducksoftware.com and follow us at @black_duck_sw.

SOURCE Black Duck Software

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water, are pursuing SmartGrid initiatives that represent one of the more mature examples of SAE. We have s...
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce the value of the network in helping organizations to maximize their company’s cloud experience.
Disruptive macro trends in technology are impacting and dramatically changing the "art of the possible" relative to supply chain management practices through the innovative use of IoT, cloud, machine learning and Big Data to enable connected ecosystems of engagement. Enterprise informatics can now move beyond point solutions that merely monitor the past and implement integrated enterprise fabrics that enable end-to-end supply chain visibility to improve customer service delivery and optimize supplier management. Learn about enterprise architecture strategies for designing connected systems tha...
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. The presentation will also discuss how IoT is perceived by investors and how venture capitalist access this space. Other topics to discuss are barriers to success, what is new, what is old, and what the future may hold.
Whether you're a startup or a 100 year old enterprise, the Internet of Things offers a variety of new capabilities for your business. IoT style solutions can help you get closer your customers, launch new product lines and take over an industry. Some companies are dipping their toes in, but many have already taken the plunge, all while dramatic new capabilities continue to emerge. In his session at Internet of @ThingsExpo, Reid Carlberg, Senior Director, Developer Evangelism at salesforce.com, to discuss real-world use cases, patterns and opportunities you can harness today.
All major researchers estimate there will be tens of billions devices – computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be!
Noted IoT expert and researcher Joseph di Paolantonio (pictured below) has joined the @ThingsExpo faculty. Joseph, who describes himself as an “Independent Thinker” from DataArchon, will speak on the topic of “Smart Grids & Managing Big Utilities.” Over his career, Joseph di Paolantonio has worked in the energy, renewables, aerospace, telecommunications, and information technology industries. His expertise is in data analysis, system engineering, Bayesian statistics, data warehouses, business intelligence, data mining, predictive methods, and very large databases (VLDB). Prior to DataArcho...
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation and integration; and visibility through intelligent business operations and big data.
There will be 50 billion Internet connected devices by 2020. Today, every manufacturer has a propriety protocol and an app. How do we securely integrate these "things" into our lives and businesses in a way that we can easily control and manage? Even better, how do we integrate these "things" so that they control and manage each other so our lives become more convenient or our businesses become more profitable and/or safe? We have heard that the best interface is no interface. In his session at Internet of @ThingsExpo, Chris Matthieu, Co-Founder & CTO at Octoblu, Inc., will discuss how thes...
Last week, while in San Francisco, I used the Uber app and service four times. All four experiences were great, although one of the drivers stopped for 30 seconds and then left as I was walking up to the car. He must have realized I was a blogger. None the less, the next car was just a minute away and I suffered no pain. In this article, my colleague, Ved Sen, Global Head, Advisory Services Social, Mobile and Sensors at Cognizant shares his experiences and insights.
We are reaching the end of the beginning with WebRTC and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will want to use their existing identities, but these will have credentials already that are (hopefully) ir...
Can call centers hang up the phones for good? Intuitive Solutions did. WebRTC enabled this contact center provider to eliminate antiquated telephony and desktop phone infrastructure with a pure web-based solution, allowing them to expand beyond brick-and-mortar confines to a home-based agent model. It also ensured scalability and better service for customers, including MUY! Companies, one of the country's largest franchise restaurant companies with 232 Pizza Hut locations. This is one example of WebRTC adoption today, but the potential is limitless when powered by IoT. Attendees will learn rea...
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at Internet of @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, will share some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder ...
The Internet of Things (IoT) promises to create new business models as significant as those that were inspired by the Internet and the smartphone 20 and 10 years ago. What business, social and practical implications will this phenomenon bring? That's the subject of "Monetizing the Internet of Things: Perspectives from the Front Lines," an e-book released today and available free of charge from Aria Systems, the leading innovator in recurring revenue management.
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges.
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at 6th Big Data Expo®, Hannah Smalltree, Director at Treasure Data, to discuss how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other mach...
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at Internet of @ThingsExpo, Erik Lagerway, Co-founder of Hookflash, will walk through the shifting landscape of traditional telephone and voice s...
While great strides have been made relative to the video aspects of remote collaboration, audio technology has basically stagnated. Typically all audio is mixed to a single monaural stream and emanates from a single point, such as a speakerphone or a speaker associated with a video monitor. This leads to confusion and lack of understanding among participants especially regarding who is actually speaking. Spatial teleconferencing introduces the concept of acoustic spatial separation between conference participants in three dimensional space. This has been shown to significantly improve comprehe...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, will discuss single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example...