Tricentis

Tricentis

Company type	Private
Industry	Software testing, Quality assurance
Founded	2007
Founder	Wolfgang Platz, Franz Fuchsberger
Headquarters	Austin , United States
Area served	Global
Key people	Kevin Thompson (CEO and chairman)
Products	Tricentis Tosca, qTest, LiveCompare, NeoLoad, Tricentis Test Automation for ServiceNow
Website	www.tricentis.com

Tricentis is a company specializing in software testing, established in 2007 with its main office located in Austin, Texas. The firm offers automation solutions and quality assurance products tailored for enterprise software testing.

History

Founded in 2007 in Vienna, Austria by Wolfgang Platz and Franz Fuchsberger, Tricentis transitioned from a consulting firm into a software enterprise. Its headquarters have since moved to Austin, Texas.

The origins of Tricentis Tosca trace back to 2000 when Platz created Tricentis Tosca Explorer, which became the foundation of the current platform. By 2006, the release of Tricentis Tosca Commander introduced the primary graphical user interface. Over time, the product suite has broadened to encompass risk-based testing, test design, SAP testing, API testing, service virtualization, exploratory testing, load testing, and management of test data alongside traditional GUI testing.

In 2012, Tricentis obtained $9 million in initial funding from Viewpoint (now integrated with Kennet Partners). The following year, Sandeep Johri took on the role of CEO. A significant investment occurred in 2017 with $165 million raised during a Series B round led by Insight Venture Partners.

By July 2020, Tricentis formed a strategic alliance with SAP, becoming the designated testing platform for SAP Solution Extensions and integrating into SAP's Application Lifecycle Management (ALM) suite. Utilizing machine learning, Tricentis tools detect integration risks between SAP systems and third-party applications while automating comprehensive end-to-end testing within SAP landscapes.

In April 2021, Kevin Thompson was named CEO and chairman of the board.

Acquisitions

In 2017, Tricentis expanded its capabilities by acquiring Flood.io, a platform offering on-demand load testing services.

The year 2018 saw Tricentis merge with QASymphony, known for its test management software, and also acquire Q-up test data management solutions.

During 2019, the company further enhanced its portfolio by purchasing IntelliCorp's LiveCompare for change impact analysis in SAP environments, along with LiveModel and LiveInterface. Additionally, Tricentis acquired TestProject, a community-driven test automation platform built on Selenium and Appium that incorporates AI-powered matching to evaluate applications and suggest improvements.

In January 2020, Tricentis added SpecFlow to its offerings, enabling developers to create and run human-readable tests using behavior-driven development (BDD). SpecFlow was scheduled to reach end of life on December 31, 2024.

March 2021 marked the acquisition of Neotys, a performance testing tool supporting both modern and legacy technologies such as SAP, APIs, databases, and cloud-native applications.

Services

Tricentis caters to a wide array of sectors including financial services, retail, insurance, healthcare, telecommunications, logistics, utilities, and software development. The company also provides training and consulting services focused on software quality assurance with an emphasis on test automation and transformation initiatives.

Products

The primary products offered by Tricentis include Tricentis Tosca, qTest, LiveCompare, NeoLoad, and Tricentis Test Automation for ServiceNow. Tosca serves as a continuous testing platform that integrates test case creation, automation processes, data generation, and analytics to assess GUIs and APIs from a business standpoint. LiveCompare applies artificial intelligence for change impact analysis within SAP systems to uncover potential risks. NeoLoad delivers automated performance testing solutions suitable for enterprises covering everything from APIs to full applications. Lastly, Tricentis Test Automation for ServiceNow is specifically engineered for deployment within the ServiceNow ecosystem.