The privately held company, headquartered in Clear Lake, provides computer software to allow customers to manage their data center performance and capacity. The company sells its products through distributors, resellers and original equipment manufacturer partners.
The company also reported 29 percent growth in sales to distributors.
In February, TeamQuest was selected by IBM as one of five vendors invited to help IBM launch its Chiphopper software. During the past year, TeamQuest worked closely with IBM as its revolutionary Chiphopper software was being developed.
Wisner credits TeamQuest's corporate philosophy, hard-working employees and being responsive to customer needs for the growth.
The company's customer advisory board provides valuable input on future software development.
"They realize that they have direct influence and impact," Wisner said. "They may not get that with a lot of companies."
TeamQuest has more than 90 employees at its operation in Clear Lake and 115 internationally.
"Everyone that works for TeamQuest is a part-owner of the company," Wisner said.
Employee ownership reduces turnover. An employee with a stake in the business tends to stick around, he said.
Wisner said the arrangement also helps to "build continuity and customer relations."
While not wanting to go into specifics about new products on the horizon, Wisner said change is constant.
"You're only as good as your last five minutes," Wisner said. "Our philosophy and our growth has been somewhat methodical. We don't have debt. We don't go out and get venture capital."
The company was founded in 1991 in Clear Lake by the late Robert Kreiger, Terry Cobb and Jerred Ruble. The three were all senior managers at the software development center of the Unisys Corp. plant in Clear Lake. When the company announced plans to close, they were able to engineer the spinoff of the software business, saving not only their own jobs but those of the 35 other employees in the division. TeamQuest was born.
Wisner said company officials are happy with their headquarters in Clear Lake.
"It's the technology that matters," he said. "We have a very good work ethic being in the Midwest. People like the values and so forth that the Midwest has to offer.
"As times goes on, location becomes secondary as you get into the virtual market."
Reach Peggy Senzarino at 421-0532 or peggy.senzarino@globegazette.com.





