infoTECH Feature

May 07, 2012

ZAP Reports Record Increases in Revenue and Profitability

ZAP (News - Alert) technologies have announced record increases in revenue and profitability thanks to the increasing popularity of its ZAP-fiX portfolio of mobile device and application testing products and services.

ZAP technologies provides full lifecycle test automation solutions for mobile, rich internet (RIA), Apple (News - Alert) and Unix applications.

The company notes that the increased demand for ZAP-fiX mobile testing platforms is due to an increasing global reseller partner community that is being retained within Fortune 100 companies.

The community aims to develop and manage large application transformations strategies from legacy infrastructures to meet mobile demand.

ZAP technologies year to year revenues increased 15 percent during the period ending March 31st, 2012.

It also saw net income jump of 80 percent over the comparable period last year driven by factors such as successful focus and transition to higher margin software products, add on license expansion to existing customers, and operational efficiencies.

“As many of the world's largest financial, retail, telecommunications and technology giants respond to their customer demands to make commercial and business application available on mobile devices, the fact that they are investing their money and trust in ZAP and its products is fantastic,” said Alex Chernyak, founder and CTO.

ZAP’s partner ecosystem currently recommends and resells the extensive portfolio of the company’s products and services, including ZAP-fiX.

ZAP-fiX is a full lifecycle mobile application testing suite that has the ability to seamlessly extend the functionality, management and reporting capabilities of HP's Quick Test Professional (QTP), Quality Center and LoadRunner.

This helps the rapid application transformations to corporate mobile network and device infrastructures required for organizations to adopt mobile technologies to reach new markets and increase revenues.

ZAP technologies was in news last month when Solugenix included Zap Technology’s agile Business Intelligence for Microsoft (News - Alert) Dynamics AX software to their suite of products and services.




Edited by Brooke Neuman
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