MALMO, Sweden, July 12, 2004 (PRIMEZONE) -- Telelogic (Stockholm Exchange: TLOG), the leading global provider of solutions for advanced systems and software development, today announced that Gartner Dataquest has concluded a worldwide market share study of requirements management software providers and named Telelogic as the segment leader. Based in Stanford, Connecticut, Gartner Dataquest is a leading analyst firm in the Information Technology industry.
According to the study, Telelogic leads the worldwide market in this segment with an impressive 41 percent market share. The research report also noted that the requirements management segment of the application development software market saw strong growth of 38.7 percent overall in 2003.
"Telelogic continues to shine in a segment of software development that has always been a primary focal point for us," said Anders Lidbeck, president and CEO of Telelogic. "The strong growth of this segment overall validates our effort through the years in educating industry professionals about the value of requirements management and adopting a requirements-driven development approach."
Requirements software, as defined by Gartner Dataquest, are products that "streamline a development team's analysis of requirements, capture requirements in a database-based tool to enable collaborative review for completeness, ease use-case or test-case creation, provide traceability, and facilitate documentation and versioning/change control."
Telelogic DOORS(R) is the company's flagship requirements management product and is used by more than 100,000 professionals at over 1,300 companies worldwide. Telelogic DOORS is a multi-platform, enterprise-wide system for capturing, linking, tracing, analyzing and managing changes to information to ensure a project's compliance to specified requirements and standards.
Telelogic recently released DOORS 7.1. This latest version makes project team collaboration and communication throughout the development lifecycle even stronger and the adoption of a requirements-driven development approach quicker and easier.
"DOORS 7.1 solidifies our standing in the industry as not only the market leader, but the market innovator," said Lidbeck. "Version 7.1 builds on the market and technology leading strengths of DOORS and includes enhancements that help development teams work more efficiently and with greater success."
About Telelogic
Founded in 1983, Telelogic(R) is a leading global provider of solutions for advanced systems and software development. Telelogic's intuitive, best-in-class software tools automate and support best practices throughout the application development lifecycle, leaving development teams free to concentrate on core competencies and apply their skillsand energy to value-added tasks. By optimizing each phase of development, Telelogic enables companies to deliver higher quality systems and software with greater predictability, reduced time-to-market and lower overall costs.
To ensure interoperability with third-party tools, Telelogic's products are built on an open architecture and standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of advanced systems and software development by participating in industry organizations like ETSI, INCOSE, ITU-T, OMG and others.
Headquartered in Malmo, Sweden with U.S. headquarters in Irvine,California, Telelogic has operations in 17 countries worldwide. Customers include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler,Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC, Nokia, Philips, Siemens, Thales and Vodafone. For more information,please visit www.telelogic.com
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