Troux Technologies

Troux Technologies, Inc.
Type Private
Industry Enterprise Architecture and software
Founded 2000
Headquarters Austin, Texas, USA
Key people Dave Hood - CEO
Paul Baker - CFO
Bill Cason - CTO
Scott Edgington - VP of Sales
Products Troux Alignment
Troux Optimization
Troux Standards
Troux eaGov
Troux Transformation Platform
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.

Contents

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 [1] 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.[2] 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."[3]

Current Positioning of Troux

In 2007, Troux adopted Strategic IT Planning and Enterprise Architecture as the two primary use cases for the Troux products. Strategic IT planning is a focused representation of strategic planning concepts applied to information technology assets. Enterprise architecture refers to the planning and management of the structure of business and technologies architectures as they are applied to large enterprise organizations. Troux products and services support the United States federal government with enterprise architecture tools and processes mandated by the US Office of Management and Budget's issuance of OMB Circular A-130.[4]

Products

Troux Alignment

Software for visually modeling business process activities and relating those activities to the information technology services and devices that support them.

Troux Optimization

Software for managing capital and operating costs of information technology investments and comparing those costs against projected project returns.

Troux Standards

Software that helps Information Technology organizations to create and manage a standardized profile of IT assets.

Troux eaGov

Software used by Federal and State agencies and departments for the purpose of building and managing an agency Enterprise Architecture, and developing and submitting Capital Planning and Investment Control[5] business cases.

Troux Transformation Platform

Troux's traditional Enterprise Architecture and visual modeling tools are the Troux Transformation Platform. The software supports data collection, modeling, and management of architecture elements as structured in an extensible meta-model provided with the product.

External links

References

  1. ^ AV Labs pours $6 million into software companies Author: Lori Hawkins, American-Statesman Staff, Date: October 15, 2001 Publication: Austin American-Statesman (TX)
  2. ^ It’s Troux! Computas N.A., Metis Acquired, David Rubenstein, SD Times, Feb 1, 2005
  3. ^ Troux's Acquisition of Metis Could Create Visionary Tool, Gartner, Inc. January 17, 2005
  4. ^ http://georgewbush-whitehouse.archives.gov/omb/circulars/a130/a130trans4.html
  5. ^ CPIC Process from the Office of the Federal CIO http://ocio.os.doc.gov/ITPolicyandPrograms/Policy___Standards/dev01_002671