What are Quovadx’s biggest challenges?
Our biggest challenge going forward will be to accelerate revenue growth. In March 2006, we announced a plan to invest in our business in 2006 to position us to accelerate growth and achieve our goal of sustainable profitability beginning in the second half of 2007. We designed our 2006 plan to allow us to better position ourselves in the primary markets in which we operate: HCIT and the developing market for SOA development tools. To do that, we needed to make selected investments in product development, sales and marketing. Our 2006 plan included these business objectives: • Launch new products in all three divisions; • Continue to develop indirect sales channels; • Strengthen the CareScience sales and marketing organization; • Expand and actively market consulting services in both CareScience and Rogue Wave; and • Bring our new product line, Rogue Wave® Hydra, to market We were able to meet a majority of our operating objectives, with the following accomplishments: • We invested in
