CAST Company Overview

About Us

CAST is a pioneer and world leader in Software Analysis and Measruption and risk while reducing hard IT costs. With more than $120 million in R&Durement, an automated approach to capture and quantify the reliability, security, complexity and size of business applications. CAST introduces fact-based transparency into application development, maintenance and sourcing to transform it into a management discipline. More than 250 companies across all industry sectors and geographies rely on CAST to prevent business dis investment since inception, CAST is also an integral part of software delivery and maintenance at the world's leading IT service providers and independent software vendors.

Founded in 1990, CAST is listed on Euronext (CAS.PA) and serves IT-intensive Global 2000 enterprises and public sector institutions worldwide. CAST has a presence in the Americas, EMEA, and India.

Gartner Cool Vendor

CMP Editor's Choice Award

Industry Recognition IDC 

industry recognition by ovum 

Our Vision

Software is obscure, intangible, invisible. You can't touch it; you can't see it. CAST makes the invisible visible. Watch this video to see our vision.

Our Mission

Our mission is to provide a standard unit of measure for those who build, buy or sell software.

Measure what can be measured, and make measurable what cannot be measured.

Galileo Galilei (1564-1642)

Our Values

We focus on a single goal: Being a change agent in the IT industry that brings real value to customers. We take pride in creating objectivity for anyone engaged in building, buying or selling software, and in this capacity accelerating the maturity of the IT industry. Our mission requires a great deal of perseverance, and truly unique people committed to the long term and willing to make something big happen. The culture of the company is based on Respect for each other, and for customers, partners, shareholders and suppliers; Directness – doing our best every day to keep CAST a politics-free zone; and Impact – a strong belief in the benefit of hard work and personal accomplishment. Long-term vision and true entrepreneurial spirit are anchored into our DNA.

Key Facts and Figures & Equity Distribution

See Key Facts and Figures. The ownership of the company is distributed among company founders, management and employees, as well as public and private investors. Founders, initial stakeholders and public investors own one half, while two institutional investors own the other half. For more information, click here.

Market

The security, reliability, performance and total ownership cost of business software applications are boardroom issues for any IT-intensive organization. Most applications are complex, built on multiple technologies and developed by disparate teams spread across the globe. Without measuring the structural quality of an application, it is just a big, expensive black box with the sources of risk and costs to the business hidden behind innocuous status reports that fail to reveal the dangers that lie within.

Today, the situation only continues to get more and more volatile with digital transformation, offshore and multi-sourcing strategies, growing interconnections and interdependencies between IT systems, soaring security threats, cloud computing, and the mobile enterprise. The convergence of these factors makes Software Analysis & Measurement (SAM) a very hot, accelerating market. As IT organizations reach a complexity and maturity level that necessitates industrialization, SAM is becoming an absolute must have. Hear what IDC Research has to say about the SAM market.

History and Outlook

CAST has grown over the years from a Paris-based startup founded by Vincent Delaroche to become a global software vendor. The company launched its first SAM product in early 1996. In just four years, product revenue in France grew to €10M, achieving a compound annual growth rate of 45% while continuously maintaining positive EBIT. To accelerate product development efforts and expand worldwide operations, CAST went public in May 1999 on the Euronext market in Paris. In 2005, CAST launched its current flagship product, the Application Intelligence Platform, with great success: In 2007, CAST posted impressive results with software revenue growth of 40%. In 2009, while many other enterprise software companies saw 50%+ reduction in revenue during the economic crisis, CAST proved its intrinsic resiliency as software sales decreased only by 5%, and the company managed to stay profitable. Since the recession, and dealing with the early majority, natural headwinds against measurement and objectivity have slowed us down. Finally today, CAST has reached its tipping point, and benefits form the convergence of ecosystem adoption, market forces and an inflection in demand for analytics, software risk prevention, and higher customer satisfaction. In 2013 and 2014, revenue growth has been approximately 12% per year, which includes the fact that traditional focus on pure enterprise software is being replaced by a combination that increasingly includes rental and SaaS revenues. CAST management envisions a strong progression in sales through Global Systems Integrators, and a strategic rebalancing of the revenue mix. Financial analysts foresee an acceleration of both revenues and profit in the coming several years.