Thumbtack Technology Year End Results Show Company's Drive to Success in 2012

Achievements for the company ranged from major customer acquisitions to record income and revenue growth, with continued plans for progress in 2013.

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Thumbtack Technology is a New York based software development services firm that specializes in building and integrating scalable applications and systems.

Thumbtack Technology

In addition to hitting our growth and revenue targets, we were able to line up several key strategic partnerships and solidify our standing and expertise in the rapidly growing field of NoSQL and NewSQL databases.

Brooklyn, New York (PRWEB) March 04, 2013

Thumbtack Technology, a leading IT consulting firm, announced today positive gains in revenue for the 2012 calendar year. Successful collaboration between the Brooklyn, New York and Omsk, Russia offices resulted in income growth of 54% and revenue growth of 50%, along with key customer wins and an array of company achievements.

“2012 was an excellent year for our company,” said Ben Engber, CEO and Founder of Thumbtack. “In addition to hitting our growth and revenue targets, we were able to line up several key strategic partnerships and solidify our standing and expertise in the rapidly growing field of NoSQL and NewSQL databases. Key additions to our management team have helped create a more stable organization and broader revenue base, something that is clearly visible in our bottom line."

Client Acquisitions:

One major priority for Thumbtack in 2012 was to broaden its client base. The company was able to gain key wins in the US and internationally with companies like Tinkoff Digital in Russia. Thumbtack worked with a variety of companies in the Media & Publishing and Ad Tech industries, with results that exceeded the expectations of clients. Concentration for these projects were mainly in areas such as building scalable cloud based architectures, Big Data Analytics, and NoSQL.

"Thumbtack had another banner year of continued growth in 2012 with the expansion of our business in traditional media and publishing verticals, adding a marque of names to our portfolio of new and active customers," said Mark Leibowitz, Head of Sales. “Our new partnerships played a very big part in our 2012 strategy," he goes on to say, "and will undoubtedly be important for us in the upcoming year."

Research and Development:

Thumbtack is diligently working on a newly created research and development wing of the company. This new branch is seen as a great investment for the future.

In January 2013, Thumbtack published a white paper entitled Ultra-High Performance NoSQL Benchmarking: Analyzing Durability and Performance Tradeoffs. The report was intended to shed light on the underlying kinds of tradeoffs that are made when choosing a NoSQL database for ultra-high load applications. Most benchmark studies gloss over the fundamental differences in transactional models between databases and what effects these have; the report was an effort to bring some specific metrics to IT decision makers.

Thumbtack is continuing to develop its core product suite, including the Thumbtack Licensing Engine and the Thumbtack Entitlement Engine. 2013 promises new extensions to these product lines, as well as new development initiatives.

About Thumbtack:

Based in Brooklyn, New York, Thumbtack Technology is a leading software development services firm, specializing in building and integrating scalable applications and systems for Fortune 500 clients and startups. With a core specialty in cloud architectures and non-traditional storage platforms, Thumbtack provides application development, data analytics, and performance optimization solutions for companies looking to extend their platforms to scale Internet demands. Thumbtack offers a variety of engineering services, with statisticians on staff to assist with Big Data Analytics and machine learning problems. To learn more, visit http://www.thumbtack.net.


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