I am pleased with our strong results and profitability in 2010 and with our continued robust revenue growth across all product and service lines”, said Steve Zapata, Chief Executive Officer for bTrade.
Burbank, CA (PRWEB) April 5, 2011
bTrade LLC, leading provider of Managed and Secure File Transfer solutions, ended 2010 with a strong year, closing business with customers such as Union Bank, Citigroup, and Timex, Inc. bTrade achieved 30% growth in 2010, and by nearly 50% over the last three years. bTrade has met or exceeded all financial metric targets for 2010, including revenue, profit, operating margins and generation of cash flow. bTrade’s growth has spanned across multiple industries, including banking/financial services, government and transportation.
Over the last year, bTrade has released its next-generation MFT integration products, and enhanced an already strong and responsive support organization. bTrade recently launched its next-generation enterprise solution, bTrade Secure. This robust, intelligent, secure and highly-scalable communication solution is for companies that share sensitive data across applications and organizations, and face complex security and compliance mandates.
“I am pleased with our strong results and profitability in 2010 and with our continued robust revenue growth across all product and service lines,” said Steve Zapata, Chief Executive Officer for bTrade. “Our priority in 2011 will be to continue providing customers with the best-in-class managed and secure file transfer solutions to help them solve data transfer challenges reduce security risk and meet complex compliance mandates seamlessly.”
The demand for managed and secure file transfer capabilities continues to evolve, and according to industry analysts, the market is expected to double to more than $1billion by 2014. Going into its 21st year in business, bTrade continues to be well-positioned to outperform and capitalize on the expanding MFT market in 2011 and beyond.
In addition to an expanding customer base, bTrade has developed a strategic partnership with enterprise-class cloud computing company, Dark Star Cloud (http://www.darkstarcloud.com). This partnership positions bTrade to offer their customers the ability to take advantage of cloud efficiencies.
“We are excited to have established a strategic partnership with bTrade and are confident that our cloud services will be well received alongside bTrade’s MFT solutions,” said Aivars Lode, Chairman and CEO of Dark Star Cloud. “Combined with bTrade’s 20 years of experience in the managed and secure file transfer arena, we're offering customers access to the best solutions available."
bTrade offers Managed File Transfer (MFT) technology solutions for enterprises that share sensitive data across applications and organizations, and face complex security and compliance mandates. Thousands of customers depend on bTrade solutions to gain control and oversight of the movement of critical corporate data to facilitate data growth, reduce security risk, and improve IT and business efficiency. bTrade was founded in 1990 and is led by eBusiness visionaries who have delivered industry-leading business integration solutions to thousands of enterprise customers worldwide. bTrade is privately held and profitable with its global headquarters located in Burbank, CA USA.