DynamicOps Reports Record 300% Increase in Customer Adoption in 2011; Tripled Private Cloud Bookings
Need for Scale and Speed Spur Demand for DynamicOps Cloud Automation and Management Solutions
BURLINGTON, Mass., Jan. 17, 2012 /PRNewswire/ -- DynamicOps, pioneer of the Operations Virtualization(TM) platform that enables unified cloud automation and management, today announced record new customer adoption in 2011, as well as a substantial increase in private cloud solution sales. DynamicOps attributes these results to a burgeoning cloud market and enterprises' desire to build and scale complex private clouds as quickly and easily as possible.
"Many enterprises are finding that cloud implementations take a lot more time and money than they had planned, and don't deliver the ROI they had expected. These companies are increasingly turning to DynamicOps because we enable the fastest time-to-cloud value and the greatest IT efficiencies," said Richard Krueger, CEO for DynamicOps. "This is evident in our 2011 results, which show not only unprecedented new customer growth, but also a dramatic increase in the portion of software license bookings compared to services and a major acceleration in days-to-live-production. This is a direct result of our expanded, robust out-of-the-box capabilities and how easy we make it for customers to quickly deploy and, when needed, extend and tailor their own requirements."
"Interest in private cloud is high because of the speed and agility that it promises. However, in order to realize these benefits, enterprises must be able to easily transition to and manage the infrastructure," said Rachel Chalmers, Research Director, Infrastructure Management for 451 Group. "DynamicOps is intriguing because it can help companies get out of the gate with an enterprise-scale private cloud that can be used by employees business-wide, without having to rip and replace existing systems, standardize on new technologies, or embark on a lengthy services engagement."
Highlights of DynamicOps achievements in 2011
-- Growth: DynamicOps made significant inroads with new customers,
including Turner Broadcasting, NYU Medical Center, Northeastern
University, Telereal Trillium, Northrup Grumman, Price Waterhouse
Coopers, Intracom Telecom, BAE, Verizon, Ernst & Young and NASDAQ. It
realized a record 300% increase in new customers--including many of the
Fortune 100--while about half of existing customers expanded their
implementations. The company reported that 75% of its revenue was
derived from private cloud solutions--for which bookings tripled over
2010--and the remainder was from desktop cloud solutions. To handle
burgeoning demand for its products, DynamicOps boosted its number of
employees by 25%.
-- Industry Accolades: Key industry influencers recognized DynamicOps' for
its innovation and leadership in cloud computing. DynamicOps won "Best
of VMworld 2011 Gold Award for Private Cloud Computing" and the "UP 2011
Overall Most Innovative Cloud Computing Provider: Audience Choice." It
also was named "2011 Cool Vendor in Cloud Management" by Gartner and
called out in Everything Channel's "CRN Virtualization 100" listing.
-- Partnerships: DynamicOps realized strong results from its multi-year
licensing and distribution agreement with Dell, in which the DynamicOps
platform is a foundation of Dell's Virtual Integrated System. The
company also teamed with Microsoft on initiatives such as the 2011
Microsoft Private Cloud Road Show and launched its new Partner Program
for solution and consulting providers, signing on strategic partners in
North America and Europe, including Ahead, PAR 4 Technology Group,
Gotham Technology Group, Strickland Consulting and Stoneburn.
-- Product expansion: The company launched the DynamicOps Cloud
Development Kit(TM), the industry's only solution for rapidly deploying
and extending a user-centric private cloud. DynamicOps also introduced
the concept of Operations Virtualization, the foundation of DynamicOps
Cloud Automation Center. DynamicOps also enhanced its platform with
support for Amazon Elastic Compute Cloud (EC2) as well as expanded
support for the physical and virtual resources comprising a cloud
infrastructure, and the technologies that enterprises rely on--including
Cisco UCS, Dell and HP Servers, Citrix XenDesktop 5, BMC BladeLogic,
Microsoft System Center Configuration Manager, and VMware vSphere 5.
-- Funding: To fund expanded global sales, marketing and development
initiatives, DynamicOps closed a B round of venture funding for $11
million. The round was led by Sierra Ventures. Next World Capital
participated, joining Credit Suisse's Next II venture group in
ownership. The company also secured $5 million in funding from Intel
Capital.
About DynamicOpsDynamicOps' cloud automation and management solutions enable enterprises to evolve existing infrastructure into scalable private, public and desktop cloud services in days. Using DynamicOps' groundbreaking Operations Virtualization technology, organizationally aware cloud platform, and extensive out-of-the-box functionality, customers realize fast time-to-cloud value and respond to market demands quickly and economically. Enterprises boost IT efficiency and easily embrace consumerization by empowering users with personalized, instantly available services. Awarded "Best of VMworld 2011 Private Cloud" and named "Cool Vendor in Cloud Management" by Gartner Research, DynamicOps is privately held and based in Burlington, MA. http://www.dynamicops.com.