Atlanta-based agile software testing platform QASymphony has merged with Tricentis, a global leader in continuous software testing with 15 offices across Europe, North American and Asia. The combined company will be called Tricentis.
QASymphony’s offices in Atlanta and London, which employ over 100, will remain, and CEO Dave Keil will become Tricentis’s COO.
Software testing is big business — Tricentis’ 2018 Software Fail Report identified over 600 failures that affected 3.6 billion people and caused $1.7 trillion in lost revenue.
But, the estimated $34 billion market has been dominated by legacy players that “have failed to keep pace with advancements in software development,” according to Keil. New, automated software testing tools allow developer teams to iterate faster and solve problems more quickly and effectively.
The combined Tricentis-QASymphony tool will allow enterprises to automate 90 percent of their software testing.
“Time after time, we saw Tricentis either short listed or implemented in the same organizations as QASymphony — most often, as the preferred replacement for legacy testing tools like Micro Focus Quality Center,” Keil explains. “By joining forces with a proven innovator like Tricentis, we now have an opportunity to bring our leading-edge solutions to an even broader set of customers.”
“The joint offering not only offers an end-to-end replacement… but also offers the modern functionality and open-source integrations that are required for succeeding in today’s fast-paced development environment,” Keil says.
In an announcement regarding the merger, both companies emphasized their shared commitment to innovation and customer success.
Tricentis’ client roster of over 800 companies include Experian, First Data, Starbucks, Accenture and Whole Foods.
QASymphony, ranked 8th fastest-growing private software company in the U.S. on the Inc. 5000 2017 list, saw revenue growth of 113 percent last year. Its notable client list includes Salesforce, Barclays, Cisco, Samsung, Verizon and Office Depot.
QASymphony has been hiring aggressively over the past year to reach almost 100 employees and will continue increasing its headcount by 30 to 50 percent in the next year, according to Keil. They’re currently looking for a new Atlanta office to accommodate this growth.
Keil says the company intends to release further details about their integration and product timelines at industry conferences later this year.
“We will share the results of our initial joint development efforts, as well as our plans to continue to lead innovation in the industry with the most modern continuous testing platform.”