[Press Release] VMTurbo Experiences Record Growth in 2011 as More Enterprises Deploy Intelligent Workload Management
Posted by Derek Slayton on Wed, Jan 11, 2012 @ 01:00 PM
Company expands customer base, launches new global partner program and strengthens executive team to address expanding market for intelligent workload management in cloud and virtualized environments
Waltham, MA - January 11, 2012 - VMTurbo, the leading provider of intelligent workload management software for cloud and virtualized environments, today announced significant growth driven by a highly successful end of year. Record fourth-quarter results in revenue, transactions, and new customers enabled VMTurbo to more than triple company revenue and customers in the second half of 2011. VMTurbo also announced a new Global Partner Program and strengthened its management team with incoming CFO, Mo Garad, and VP of marketing, Derek Slayton.
The VMTurbo platform first launched in August 2010 and since that time more than 4,000 cloud service providers and enterprises worldwide– including British Telecom, Omnicare and L-3 Communications – have deployed the platform to gain greater control, prevent performance issues and optimize utilization across their virtual infrastructure. Driven by an experienced development team, the product matured rapidly in the second half of 2011 to meet the demanding needs of the market.
Key product milestones include:
- July 2011: The VMTurbo suite aligned around simplified offerings: a free Community Edition providing monitoring and reporting, an Enterprise Operations Manager for control and problem prevention, and a Cloud Operations Manager to meet the needs of multi-tenant cloud environments.
- August 2011: VMTurbo announced support for Microsoft Windows Server Hyper-V, furthering its platform-agnostic approach to virtualization and allowing customers to manage VMware and Microsoft environments from a single control pane.
- October 2011: VMTurbo added application performance management capabilities providing visibility to application-level dependencies, transactions and resource consumption to better ensure application availability and quality of service (QoS).
New Global Partner Program
Introduced in early 2011, VMTurbo's Global Partner Program is rapidly expanding and has been improved to foster value-selling relationships with key system integrator, service provider and reseller partners. The program now provides deal registration, technical training and sales support, co-marketing funding and professional service engagement opportunities to participating value-added resellers. Recently added partners include MTI Technology and IPData Systems. To learn more about the program, visit VMTurbo Partner Program Overview.
“VMTurbo plans to approach the new year with the same sense of urgency that allowed us to accelerate market adoption and company growth in the second half of 2011,” said Lou Shipley, VMTurbo president and CEO. “The VMTurbo management platform uniquely delivers the abstraction, analysis, and automation capabilities required by cloud service providers and enterprise IT managers. In 2012, we will continue to enhance our cross-hypervisor solution enabling our customers to improve the ROI for their virtual infrastructure.”