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January 21, 2015

Tabor Communications Recaps Financials and 2014 Performance

SAN DIEGO, Calif., Jan. 21 — Tabor Communications Inc. (TCI), an international media and communications company, and publishers of industry leading online advanced computing publications including HPCwireEnterpriseTech, and Datanami, announced selected performance results for the 2014 fiscal year, which was a banner year for the company.

TCI’s 2014 financial recap includes:

  • Revenue goals for the year were surpassed with a +24% Y/Y growth.
  • Core operating expenses were reduced by 4%
  • Year-over-year net income increased 511%
  • All publications (HPCwireDatanami and EnterpriseTech) operated at a profit
  • Demand and revenue for TCI’s lead-generation services grew 17%
  • TCI added 42 new advertising and events clients to the roster
  • TCI profitably re-launched their events business with the inaugural Leverage Big Data and EnterpriseHPC events
  • Audience grew 34% across the publishing portfolio Y/Y

The growth comes on the heels of investments that the progressive technology information services company made into its infrastructure and communities in previous years. Building on over twenty years of success through its flagship publication, HPCwire, the company recently invested in the launch of Datanami, among the first online news outlets dedicated to providing up-to-the-minute information on emerging trends and solutions in big data.

TCI followed the Datanami launch with the 2013 launch of EnterpriseTech, an online news source which examines the extreme scale computing challenges for commercial organizations. The growth of computing demands on commercial enterprises has created a host of issues for these companies trying to manage the complexities involved. EnterpriseTech hit a vein of interest as the first and only news outlet covering advanced IT from this angle.

In 2014, TCI re-launched its events business through a partnership with nGage Events. The events include Leverage Big Data (www.LeverageBigData) and EnterpriseHPC (www.EnterpriseHPC.com), which are exclusive gatherings for business leaders actively implementing big data and/or advanced scale expansion (respectively). Taking a solutions slant, these summits focus on the challenges that organizations face as they navigate the build-out of progressive technology platforms. Leverage Big Data 2015, takes place March 16-18th in Ponte Vedra Beach, Florida. EnterpriseHPC 2015 is happening May 10-12, 2015 at the Park Hyatt Aviara Resort in Carlsbad, CA, with more dates to be announced.

“2014 was a great year and 2015 is teed up to be another banner year for TCI,” said Tom Tabor, the CEO of Tabor Communications. “In addition to our new publications rolling into maturity we are also making significant investments in our editorial operations. We are starting the year with the announcement of John Russell, a previous winner of the Jesse H. Neal Award (known as the ‘Pulitzer Prize’ of business media), as Group Editorial Director for TCI. John’s experience and insight will be valuable to our organization, as well as the communities that we serve.”

Tabor continued, “After breaking inaugural ground on a new live events model that has been drawing rave reviews, we expect our events business will come close to doubling in 2015. Equally exciting is the recent launch of Tabor Insights Group, an organization focused on advanced technology implementation for end-user organizations, which is being headed up by industry veteran Steve Campbell. We’re looking forward to a great year!”

Datanami