Forecast Upbeat for CAST


momentumI’d like to begin by offering a resounding THANK YOU to CAST’s worldwide roster of customers and partners. It’s because of you that the good news just keeps coming from CAST!

A couple weeks ago, we announced that Gartner had named us to their “Cool Vendors” list, counting us among the vendors that “approach the application services market with fresh ideas” and “have the potential to change or affect a market in a significant way.”

That approach and potential translated into significant business gains in the first quarter of this year and today we announced that CAST experienced an 18% increase in first quarter revenue over 2010. In addition, in the first quarter of this year we added a number of significant new customers and struck lucrative deals with important new partners, expanding a channel reach that already included some of the leading systems integrators in the industry.

This success has not gone unnoticed.

Two European equity analyst firms – Oddo Securities and Gilbert Dupont – have started coverage of CAST with “buy” ratings and a target price. Raphaël Hoffstetter, an analyst at Oddo went so far as to say, “Positioned in a recent market that is in an expansionary phase, CAST should benefit from specific levers, for which the signals have become positive over recent quarters.”

But while Hoffstetter points to the market for our success, we know that the key to our performance starts in two places – our customers and our partners. Our customers paved the way for software measurement in the IT industry and our partners have been our comrades in arms, either opening new doors for us or helping us implement solutions for new clients.

And because we cannot possibly thank you enough, I’d like to finish right where I started, by saying to our partners and customers:


Filed in: CAST News
  This report describes the effects of different industrial factors on  structural quality. Structural quality differed across technologies with COBOL  applications generally having the lowest densities of critical weaknesses,  while JAVA-EE had the highest densities. While structural quality differed  slightly across industry segments, there was almost no effect from whether the  application was in- or outsourced, or whether it was produced on- or off-shore.  Large variations in the densities in critical weaknesses across applications  suggested the major factors in structural quality are more related to  conditions specific to each application. CRASH Report 2020: CAST Research on  the Structural Condition of Critical Applications Report
Open source is part of almost every software capability we use today. At the  very least libraries, frameworks or databases that get used in mission critical  IT systems. In some cases entire systems being build on top of open source  foundations. Since we have been benchmarking IT software for years, we thought  we would set our sights on some of the most commonly used open source software  (OSS) projects. Software Intelligence Report <> Papers
Making sense of cloud transitions for financial and telecoms firms Cloud  migration 2.0: shifting priorities for application modernization in 2019  Research Report
Jonathan Bloom
Jonathan Bloom Technology Writer & Consultant
Jonathan Bloom has been a technology writer and consultant for over 20 years. During his career, Jon has written thousands of journal and magazine articles, blogs and other materials addressing various topics within the IT sector, including software development, enterprise software, mobile, database, security, BI, SaaS/cloud, Health Care IT and Sustainable Technology.
Load more reviews
Thank you for the review! Your review must be approved first
You've already submitted a review for this item

CAST Business Partner Day