The RAVEN Blog

Ravenflow, the leader in visual requirements definition software, today announced that it achieved record revenues in 2009, tripling the number of customers from 2008.

“2009 was a challenging year for everyone,” said Susan Boers, president and CEO of Ravenflow. “Our customers were faced with downsizing, mergers and acquisitions, and budget reductions while still having to maintain quality, increase productivity, and improve customer satisfaction. Using RAVEN has altered the way organizations look at gathering and documenting business requirements. We are pleased to announce that we doubled license revenues and experienced strong maintenance retention with Fortune 1000 customers across several key verticals, including system integrators, life sciences companies, telecommunications, and financial services organizations.”

“2009 was also a significant year for us as we introduced new, innovative products and were recognized for those achievements,” Boers said. “Major product launches included the RAVEN Express plug-in for Microsoft Word and RAVEN Visual Analyzer for IBM Rational Requirements Composer. We were honored by IBM Rational as the 2009 ISV Business Partner of the Year, and won the 2009 Jolt Productivity Award.”

“We set a new record in bringing our best practices expertise to a global community of practitioners, CIOs, and business managers,” Boers said. “Tens of thousands of people have attended our webinars, watched our YouTube videos, and conversed with our best practices experts through our RAVEN blog. And with an average of more than 500 registrants per week, our Requirements Best Practices webinars are the most watched requirements webinars on the Internet.”

This entry was posted on Thursday, February 4th, 2010 at 6:15 pm and is filed under Ravenflow. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.