SYSGO Reports 40-Percent Growth

Embedded software supplier SYSGO AG, of Mainz, Germany, reported 40 percent year-over-year growth in sales revenue in 2008, with 12 percent earnings before interest and taxes.

The company said it closed major deals and increased its manpower 15 percent by opening a new office in Rostock, Germany, and increasing staffing in offices in Paris and Prague.

SYSGO said its flagship PikeOS operating system “has met original company expectations in terms of market penetration, name recognition and contribution to company pipeline,” representing 62 percent of total revenue. Among many key wins, Airbus chose PikeOS as its avionics reference platform.

"We are delighted by these results but not surprised", stated CEO Michael Tiedemann. "Our technical expertise already allowed us to succeed with the first industrial grade embedded Linux solution. When we decided to target the most demanding applications in the areas of safety-critical and security-critical, we applied the same combination of innovation and knowledge of customer's needs. This resulted last year in PikeOS acceptance in the very demanding avionics market. We anticipate 2009 as the year of similar achievement in the area of security."