Thomas Ernst Analyst Country: USA

Biography of Thomas Ernst

Thomas Ernst is a renowned analyst in the field of software and various services. Currently, he is collaborating with the financial company Deutsche Bank, where he oversees software operations and regularly analyzes the company's performance. Ernst has been recognized as a top-class analyst and a true professional who accurately predicts the profitability and stability of organizations, according to Forbes, a globally renowned economic journal.

Prior to his work on Wall Street, Thomas Ernst served in the United States Navy as a nuclear engineer on a major submarine. Now, his main responsibility is to closely monitor the development and prosperity of the software and software-as-a-service (SaaS) industry.

SaaS provides clients with excellent networking capabilities and enjoys high demand and popularity. Analyst Thomas Ernst predicts a bright future for SaaS. While SaaS sales were estimated at $10 billion in 2007, Ernst forecasts an increase in revenue to $30 billion over the next four years.

In 2006, Thomas Ernst made accurate predictions about the future development of Synchronoss Technologies and Omniture, significantly enhancing his ranking as an analyst. He currently holds the eighth position among the most significant analysts examined by Zacks Investment Research, which includes 2,700 individuals. Among other companies, Thomas Ernst has collaborated with Adobe Systems, Concur Technologies, Cognos, Salesforce.com, Kenexa, Oracle, Pros Holdings, RightNow Technologies, Taleo Cl A, Ultimate Software Group, Unica, and others.

Ernst has devoted particular attention to Omniture and predicts a 39% increase in revenue for the company in 2009, provided its leaders and investors overcome unwarranted fear of new acquisitions and act according to his recommendations. Currently, analyst Thomas Ernst continues to actively study the current situation of many companies and compile financial forecasts.