Seattle, WA (PRWEB) January 16, 2007
WTS, Inc., a leader in application hosting for JD Edwards enterprise software announced year end results for its fiscal year ending October 31, 2006. WTS’ record year included a 20 percent increase in revenue from fiscal year 2005 and was their sixth consecutive year of profitability.
Since its inception in 1997, WTS at www.wts.com has experienced 23 percent compound revenue growth. The company’s steady progress can be attributed to its focus on customer satisfaction and its commitment to delivering exceptional hosting, remote applications management, and disaster recovery services to companies running Oracle Corporation’s JD Edwards software products.
“Our company continues its leadership position in the JD Edwards marketplace. Our unmatched expertise in delivering JD Edwards hosted solutions and our commitment to customer service are the cornerstones of our continued success,” said WTS President and CEO, Thomas Hughes.
“Our corporate performance over the last year was outstanding and our sales exceeded our own revenue forecasts,” said WTS Vice President of Sales and Marketing, Greg Giordano. “Our ability to achieve higher hosting revenues, improved operating margins, and profit was driven by a focus on operational excellence, customer satisfaction, and our strategic partnership with Oracle.”
WTS had key wins in multiple industries including pharmaceuticals, distribution, wine production, construction, and health care which demonstrates the broad appeal of hosted solutions. WTS’ new customers experience the benefits of JD Edwards business software and managed IT infrastructure–allowing their end users to focus on the company’s core business.
WTS, Inc. provides a wide range of services for JD Edwards EnterpriseOne and JD Edwards World customers including Hosting, Remote Applications Management, Disaster Recovery and complementary product support. Our customers benefit from an industry-proven solution that increases efficiency, enables business and technology change, and reduces IT risk. Oracle® (NASDAQ: ORCL) holds a significant equity interest in WTS. Founded in 1997, WTS is a privately-held corporation, with headquarters in Seattle, Washington. Additional information about WTS is available at www.wts.com.