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| [January 09, 2013] |
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VMTurbo Continues Record Revenue Growth and Explosive Momentum Fueled by Product Innovation, Customer Traction and Geographic Expansion
BURLINGTON, Mass. --(Business Wire)--
VMTurbo, the leading provider of intelligent
workload management software for cloud and virtualized environments,
today announced a record fourth quarter, capping a stellar FY12 with
over 300 percent year-over-year growth and demonstrating significant
momentum for its flagship product, Operations Manager. In addition to
new product releases, new partnerships, and geographic expansion,
VMTurbo experienced significant increases in top line revenue, existing
customer growth, and new customer adoption across mid-market,
enterprise, and service provider market segments.
"Through the course of this year, we have seen virtualization and cloud
initiatives continuing to accelerate, with many of our customers on the
path to achieving their 80+ percent virtualized goals," said N. Louis
Shipley, CEO of VMTurbo. "This evolution is forcing organizations to
take a fresh look at IT operations requirements, existing processes and
tools, and operational staff skill sets, which has led many companies to
engage with VMTurbo for the first time-or expand on our existing
relationship. It's been a great year, and we believe our success is only
the tip of the iceberg."
The company's 2012 accomplishments include:
Market Momentum
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Achieving 300% growth in annual revenue, with Q4 results marking the
company's seventh consecutive quarter of top-line growth
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More than tripling the number of VMTurbo customers year-over-year
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Establishing strategic relationships with many of the top cloud
service providers globally, including CSC (News - Alert), BT, Layered Tech, and
OpSource that are using VMTurbo to optimize their cloud offerings
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Extending coverage into Central Europe, India and Japan, with anchor
customers in each new geographical area
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Further expanding reach through the signing of several key
distributors and resellers, including:Arrow, CDW and PC Connection in
North America; Computacenter and Satisnet in EMEA; TrackITOnline,
NetOne, Wysetek in ASEAN, Japan and India; and Emtec (News - Alert) Group in South
and Central America
Technology Innovation
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Delivering three new product releases, introducing features and
capabilities that allow IT organizations a simpler, smarter way to
control their virtualized data center
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Successfully deploying Operations Manager across a 40,000 virtual
machine environment-one of our largest customer installations to date
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Broadening virtualization and cloud platform support with Citrix
XenServer, Red Hat Enterprise Virtualization and CloudStack,
augmenting our existing support for VMware and Microsoft (News - Alert) hypervisors
and cloud platforms, and adding application visibility and load
balancer integration
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Achieving certification for Operations Manager as Vblock Ready for VCE
Vblock systems
About Operations Manager
VMTurbo Operations Manager is the only solution on the market that
understands application performance, resource utilization and capacity
constraints in a virtualized data center, and is able to automatically
adjust allocation to ensure service based on workload priority. While
competitive solutions focus on monitoring thresholds, sending alerts for
out-of-policy conditions, and relying on operational staff to
troubleshoot and remedy issues, VMTurbo Operations Manager delivers
greater control by taking a proactive, prescriptive and automated
approach to managing workloads. To download VMTurbo Operations Manager,
visit www.vmturbo.com/download.
Supporting Resources
For the latest news and information, engage with VMTurbo via:
About VMTurbo
VMTurbo delivers an Intelligent Workload Management solution for cloud
and enterprise virtualization environments. VMTurbo's patent-pending
Economic Scheduling Engine dynamically adjusts resource allocation to
meet workload service levels and business goals. The VMTurbo platform
first launched in August 2010 and since that time more than 8,000 cloud
service providers and enterprises worldwide have deployed the platform,
including British Telecom, Omnicare and L-3 Communications (News - Alert). Using
VMTurbo, our customers ensure that applications get the resources they
need to operate reliably, while utilizing infrastructure and human
resources in the most efficient way. For more information, visit www.vmturbo.com.

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