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RTI News Releases

RTI Announces Record Revenue for Seventh Consecutive Year

Product Licenses Exceed 100,000 – 300 Unique Commercial Projects

SUNNYVALE, CA—February 10, 2009—Real-Time Innovations (RTI), The Real-Time Middleware Experts, today announced record revenue for the seventh consecutive year. Over these years, RTI's existing businesses achieved a compounded annual growth rate (CAGR) of 32 percent, with the company's core middleware business exceeding 44 percent CAGR, despite the struggling economy.

New design wins for the flagship RTI Data Distribution Service middleware also set a record, resulting in more than 300 unique active commercial projects. Over 100,000 licenses have been sold. New projects in 2008 included the world's largest air traffic control manufacturer, unmanned aerial and ground vehicles, satellite and ground stations, large-array telescopes, automotive safety systems, handheld situational awareness systems, financial trading, and critical intelligence applications. Nearly every active U.S. surface ship program, and many foreign Navies, now rely on RTI middleware. International design wins were particularly strong, growing 80 percent over 2007. With this performance, RTI continues to dominate the quickly-growing market for solutions that comply with the Object Management Group (OMG) Data Distribution Service for Real-Time Systems standard (DDS).

"RTI is in an amazing position, especially considering the economy," said RTI's CEO Stan Schneider. "The DDS standard has gained broad based adoption. From its original foothold in Naval systems, DDS, and RTI with it, is spreading to applications throughout the embedded and financial markets."  Schneider continued, "RTI expects to grow 30 percent in 2009, despite the headwinds. People choose DDS for its great flexibility and performance. They choose RTI's implementation because it is the most robust, scalable and usable, and is backed by the industry's best services and support team. Bottom line: RTI customers succeed. We make sure they do."

Key Executive Recruited and Expanded International Presence

RTI grew staffing aggressively—opening a Wall Street sales and services office, establishing an offshore engineering team and hiring a highly respected industry veteran to lead Professional Services. RTI now supports distributors in eight countries worldwide.

Technology Leader in Real-Time Middleware Solutions

RTI Data Distribution Service v4.3 raised the bar for middleware with top performance, scalability and most importantly, usability. RTI now supports nearly 70 CPU/operating system/compiler combinations, ensuring transparent connectivity in any system. Supported configurations include C, C++, C# and Java application programming interfaces. Toward the end of 2008, RTI introduced a Java Message Service (JMS) interface to its core middleware enabling easy connectivity between DDS networks and enterprise applications of all types.

About RTI

Real-Time Innovations (RTI) provides high-performance infrastructure solutions for the development, deployment and integration of real-time, data-driven applications. RTI's messaging, caching and Complex Event Processing (CEP) capabilities deliver dramatic improvements in latency, throughput and scalability while slashing cost of ownership. The company's software and design expertise have been leveraged in a broad range of industries including defense, intelligence, simulation, industrial control, transportation, finance, medical and communications. Founded in 1991, RTI is privately held and headquartered in Sunnyvale, CA. For more information, please visit www.rti.com.

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RTI, Real-Time Innovations, RTI Data Distribution Service, Connext and 1RTI are registered trademarks or trademarks of Real-Time Innovations, Inc. All other trademarks are property of their respective companies.

Year: 1995-2010

Posted on February 10, 2009

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About RTI

Real-Time Innovations (RTI) is the Industrial Internet of Things (IIoT) connectivity company. 

The RTI Connext® databus is a software framework that shares information in real time, making applications work together as one, integrated system. RTI is the largest vendor of products based on the Object Management Group (OMG) Data Distribution Service™ (DDS) standard. 

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Media Contacts

For all media inquiries, please contact: press@rti.com

Cameron Smead
Public Relations Senior Manager, RTI

Karbo Communications for RTI (U.S.)
(415) 255-6506

Agentur Lorenzoni GmbH for RTI (EMEA)
T:+49 8122 55917-0

Real-Time Innovations
232 E Java Drive
Sunnyvale, CA 94089
USA
+1 (408) 990-7400
info@rti.com

 

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