Intland Software Announces Record Growth

STUTTGART, Germany, July 10, 2020 (Newswire.com) - ​The developer of codeBeamer Application Lifecycle Management (ALM) and the Intland Retina Requirements, Risk, and Test Management platforms achieved a record revenue growth rate of more than 50% in the first half of fiscal 2020. With the addition of one of the world’s largest automakers, Intland now serves all major German OEMs. Adding to the record growth was a multi-year contract signed with a leading Swiss pharmaceutical enterprise.

Intland’s platforms help software and product development teams collaborate more effectively while establishing traceability for compliance with regulatory requirements. The highly configurable, yet easily scalable, platforms can be deployed as standalone solutions or to extend popular software development tools such as Jira and Azure DevOps.

FY2020 H1 Highlights

• All major German automotive manufacturers now use codeBeamer ALM
• Introduced new, flexible pricing packages for our Intland Retina SaaS offering including Retina for JIRA
• Retina 3.0 released with expanded support for Microsoft Azure environments
• codeBeamer ALM 10.1 released: capable of handling 25 million product requirements in one instance.

Reflecting on the results, CEO Janos Koppany said, “As the only independent provider on the ALM software market, we are very happy to see that the market is rewarding our dedicated and focused strategy. We will continue to invest the growing revenue and profitability to further improve our industry-leading solutions. Our goal is to provide our clients, some of the world's most successful and largest companies in safety-critical industries, a competitive advantage by accelerating their design and development cycles while maintaining regulatory compliance.”

About Intland Software

Intland Software is the developer and vendor of industry-leading software tools for the delivery of safety-critical technology. The company’s flagship products codeBeamer ALM and Intland Retina are fully integrated end-to-end Application Lifecycle Management software platforms with regulatory compliance support. The recently released Intland Retina provides all-in-one requirements, risk, and test management capabilities with digital quality management and audit control support for regulated industries. Intland Software’s tools help reduce the time, risks, and costs of product innovation and regulatory compliance. Follow @intland on Twitter, Linkedin, or find out more at https://intland.com/.

Source: Intland Software