Troux Technologies

Troux Technologies, Inc.
Private
Industry Enterprise Portfolio Management, Enterprise Architecture and software
Founded 2000
Headquarters Austin, Texas, USA
Key people
 Dave Hood - CEO
Paul Baker - CFO
Bill Cason - CTO
Will Scott - CMO
Number of employees
 approx. 100
Website www.troux.com

Troux Technologies (pronounced "true") is a software vendor that provides tools and services in the areas of Enterprise Architecture and Strategic Planning for large enterprises. Troux is based in Austin, Texas with offices in Washington D.C. & London. Troux was founded by Gerald H. "Hank" Weghorst in 2000, and has been funded by Austin Ventures among other venture capital firms. Troux technologies is mentioned in The Forrester Wave™: Strategic Planning For The BT Agenda, Q1 2015 by Gordon Barnett and Margo Visitacion, March 13, 2015 [1]

Company Founding and Early Years

In 2001, Hank Weghorst founded Troux Technologies. Weghorst was serving as the Chief Technology Officer of Question Technologies, a company he co-founded with David Sikora and David Panos in 1999. Weghorst developed an initial product offering that would graphically depict the architectural configuration of information technology assets. In that same year, Troux raised initial funding from Austin Ventures[2] and became a stand-alone venture from Question Technologies. Question was acquired by Motive Communications Motive, Inc.

During 2002 Troux launched the Troux Blueprinting System version 1.0 and the Troux Reference Model version 1.0. Troux also secured its first three customers: Northern Trust, AT&T and State Farm Insurance. In 2003, Troux departed from the Blueprinting System brand and launched the Troux IT Governance Suite. The IT Governance Suite essentially repackaged and renamed the Blueprinting System. Troux also raised a Series B financing round in 2003 led by Greylock Partners with participation from Austin Ventures.

Acquisition of Computas Technologies and Metis

In January 2005, Troux Technologies announced the acquisition of Computas Technologies of Norway.[3] Computas provided the Metis Modeling Tools Suite, a desktop application in wide use by Enterprise Architects in the public and private sectors. According to analysis from Gartner analyst Greta James at the time of the acquisition, "Troux Technologies' acquisition of Computas' Metis product and its North American operations may result in a functionally rich product. Merger risks include an aggressive product delivery schedule."[4]

Current Positioning of Troux

Using the tenets, principals and disciplines of Enterprise Architecture Troux provides solutions for Enterprise Portfolio Management. Troux solutions enable enterprises to manage their business and technical strategies and enable them to make decisions about current and future initiatives faster.

Troux solutions enable enterprises to take a holistic view of the six key enterprises portfolios including Business Goals and Strategies, Business Architecture, Applications, Technologies, Information and Investments (Projects and Programs). These solutions help Troux customers understand the connections between all these portfolios so that they can understand the present and model the future, ultimately enabling enterprises to reduce risk, reduce cost and increase agility.

Troux equips CXOs with software that provides line of sight between goals, strategies and initiatives and between business and IT. With Troux, CXOs and their teams identify where IT spending and programs are redundant or out-of-step with business strategy. CXOs can plan and manage necessary changes with live status information and guidance to all relevant employees and executives. Built on the tenants and principals of enterprise architecture, Troux software and service offerings bring an enterprise portfolio management approach to manage the complex world of business and the IT that supports it.

Use cases that Troux solutions are applied to include

Industry Recognition

Troux Technologies is currently in the Leaders Quadrant of the Gartner Magic Quadrant for Enterprise Architecture and the head of the Forrester Wave for Enterprise Architecture Management Suites.[5]

Enterprises using Troux are regularly seen winning awards for their innovation in their enterprise architecture and business technology management practices.[6] Troux is also extensively adopted by Federal agencies.[7]

References

  1. ↑
  2. ↑ AV Labs pours $6 million into software companies Author: Lori Hawkins, American-Statesman Staff, Date: October 15, 2001 Publication: Austin American-Statesman (TX)
  3. ↑ It’s Troux! Computas N.A., Metis Acquired, David Rubenstein, SD Times, Feb 1, 2005
  4. ↑ Troux's Acquisition of Metis Could Create Visionary Tool, Gartner, Inc. January 17, 2005
  5. ↑ http://www.troux.com/company/news/pressrelease.asp?pr=111129_mq_pr.xml
  6. ↑ http://www.troux.com/company/news/pressrelease.asp?pr=101005_discover_pr.xml&parchive=2010
  7. ↑ http://www.troux.com/company/news/pressrelease.asp?pr=100628_gtra_pr.xml&parchive=2010

External links

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