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CloudPhysics Selected as a MIT Sloan CIO Symposium's Innovation Showcase Finalist

MOUNTAIN VIEW, CA -- (Marketwired) -- 04/28/14 -- CloudPhysics, who provides predictive analytics for virtual datacenter management, today announced that it has been selected as one of 10 finalists for the 11th Annual MIT Sloan CIO Symposium Innovation Showcase for developing a cutting edge solution that provides both strong value and innovation to enterprise IT: http://www.mitcio.com/innovation.

The agenda for the MIT Sloan CIO Symposium is available at: http://www.mitcio.com/agenda. The Innovation Showcase will take place at 5:30 p.m. ET on Wednesday, May 21, 2014 at MIT in Cambridge, MA.

"We are thrilled to have received such a high number of qualified Innovation Showcase submissions," said David L. Verrill, Executive Director of the MIT Center for Digital Business, and Co-Chair of the Innovation Showcase. "Each of the 10 finalists we have chosen represents innovative technologies that have the potential to positively impact growth, and help CIOs move their digital enterprises forward successfully."

CloudPhysics was founded in 2011 with the mission to continuously deliver insights to IT teams for actively managing the dynamics of their virtualized infrastructures. The company's SaaS offering collects machine metadata of virtualized datacenters and, with the power of big data analytics, uncovers hidden operational hazards before problems emerge as well as identifies radical efficiency improvements in storage, compute and networking with VMware workloads, giving IT more power than ever before to understand, troubleshoot and optimize their virtualized datacenters.

This is the latest in a series of accolades for CloudPhysics. CloudPhysics has been named a Top 10 Big Data Startup to Watch by Network World, a Top 12 Cloud Company to Watch by Network World, a Top 10 Virtualization Company to Watch in 2014 by TechTarget SearchServerVirtualization, one of the 21 hottest startups by Business Insider, one of the 10 startups in the VMware Universe worth tracking at VMworld 2013 and one of the most notable vendors by Enterprise Management Associates. The company won the VMworld 2013 Best of Breed Cloud Management Award presented by Virtualization Review magazine and was named a finalist in TechTarget SearchServerVirtualization's Best of VMworld Awards in the Virtualization Management category. The company received the Best Innovation Award at VMworld 2012, where it debuted its technology.

"Big data is used extensively to drive analytics for many consumer-facing industries; ironically, IT has yet to exploit this power to manage datacenter operations," said John Blumenthal, CloudPhysics CEO and Co-Founder. "It's exciting to be recognized for our innovative use of the cloud and big data to answer questions about how our users' virtualized infrastructure is -- and should be -- running. We are honored to be a finalist for MIT Sloan CIO Symposium's Innovation Showcase."

Additional Resources

About the MIT Sloan CIO Symposium
The MIT Sloan CIO Symposium is the premier global event for CIOs and senior IT executives to become better business leaders. In one day, CIOs and senior IT executives receive actionable information that enables them to meet the challenges of today's changing global economy. The annual event offers a day of interactive learning and thought-provoking discourse on the future of technology, business, and best practices that is not available anywhere else. The MIT Sloan CIO Symposium is organized and developed by a team from the MIT Sloan Boston Alumni Association and the MIT Center for Digital Business. Visit http://www.mitcio.com for more information and registration. To stay connected to the Symposium and its community, follow updates on Twitter: https://twitter.com/mitcio.

About CloudPhysics
CloudPhysics is the first to combine the Big Data analytics with unique patent-pending datacenter simulation and resource management techniques. This technology innovation enables data-driven decisions for IT teams in ways never before possible by uncovering hidden complexities in the infrastructure, discovering inefficiencies and risks that drain and endanger resources, and enabling "what if" analyses that inform every datacenter decision. Using the Collective Intelligence from its global dataset, CloudPhysics understands how specific technologies and configurations will behave, based on learnings from across numerous datacenters of all shapes and sizes. The company, based in Mountain View, California, is founded and staffed by engineering and product leaders from VMware, Google and Cadence, and backed by Kleiner Perkins Caufield & Byers and the Mayfield Fund. For more information, visit: http://www.cloudphysics.com.

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