Telelogic is a world-leading supplier of development tools and solutions for advanced systems and software development that help customers automate their development lifecycle. Telelogic's solutions make development of systems and software faster, less labor-intensive, and more cost-effective and reliable. Telelogic had sales of SEK 937 million in 2003, and employs more than 650 people throughout the world. Telelogic has offices in 17 countries in North America, Europe and Asia. The company was founded in 1983 and was listed on the Stockholm Exchange in March 1999. It is included on the Attract-40 O-List.
Telelogic is presently one of just three companies in the world that can provide tools and solutions for the entire development lifecycle. Telelogic has a market leading position in the area of advanced systems and software development. Telelogic DOORS is the market leader in all markets. Telelogic TAU and Telelogic SYNERGY have strong positions in the areas of advanced software development. Distinguishing characteristics of Telelogic's tools are that they are especially well-suited for large-scale development projects for highly complex, advanced systems and software, often with geographically dispersed development teams. Traditionally, Europe has generated the bulk of the revenues. Major expansion and strong growth in the US and Asia in recent years have reduced Telelogic's dependence on individual markets. In 2003, 51% of the revenue was generated in Europe, 38% in Americas and 11% in Asia.
Telelogic's core customer base is composed of leading companies within a number of sectors at the forefront of technological development. These customers conduct advanced development projects using the latest technology, thus placing considerable demands on Telelogic's products. Historically the majority of Telelogic's revenues have derived from the telecom sector. In recent years however, Telelogic has broadened its customer base to include industrial segments with similar demands for the development of complex systems and software, such as the aerospace/defense industry, the automotive industry, and the banking, finance and insurance industry. Telelogic has a strong customer base of the leading companies in each respective industry segment. These include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC, Nokia, Philips, Siemens and Thales.
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