NEWS24 June 2011
US— Adobe-owned web analytics business Omniture has seen its quarterly revenue rise to $115.9m in Q2, an increase of 26% compared to the same period last year.
The fastest-growing part of Omniture’s business is mobile and tablet device traffic, said Adobe’s chief financial officer Mark Garrett.
Adobe said Omniture’s core online analytics offering was becoming a smaller part of its business as multi-channel analytics and online marketing services such as product recommendation and site optimisation tools grow.
Its main product, SiteCatalyst, accounted for 51% of its takings.
For Adobe as a whole, revenue for the quarter grew by 9% year-on-year to 1.023bn, ahead of the company’s target, while net income grew 54% to $229.4 million.
Adobe bought Omniture for $1.8bn in 2009.