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Wednesday, Apr 24, 2024

Tech Company Finds Flexibility Helps it Rise in Growth Market

With revenues already this year above what Absolute Analysis made all of last year, company President and Chief Executive Officer Dennis Murphy predicts continued growth for his company. What sets the firm apart is the flexibility of its testing and analytical equipment to meet new protocols the standard for communication and data transfer in computer components. That flexibility is unprecedented, Murphy said. Absolute Analysis ranked No. 30 on the San Fernando Valley Business Journal’s fastest growing private companies list with a 25 percent growth in revenues from 2004 to 2005. In 2004, the company reported revenues of $4 million and increased that to $5 million the following year. As of June 30, the Newbury Park-based firm reported revenues of $6 million. Murphy anticipates a growth of 50 percent to 75 percent over the next three years. Absolute Analysis concentrates on two areas test systems sold to major aeronautics manufacturers such as Boeing, Northrop Grumman and Lockheed Martin to make sure that devices are communicating with each other; and storage networking for customers to determine interoperability of components. “So when they ship a switch, that switch is going to work with the disc drive or the computer interface,” Murphy said. New business was generated when the military adopted storage networking standards that could utilize components Absolute Analysis sold to other customers. Company growth can also be attributed to a unique ability in the hardware to do secret and proprietary protocols, Murphy said. “This technology originally came from IBM and it has tremendous applicability to aerospace and defense,” Murphy said.

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