|By Business Wire||
|July 31, 2014 09:30 PM EDT||
VMTurbo, creator of the only software-driven control platform for the software-defined enterprise, announced record quarterly earnings in Q2 of 2014. The second quarter was VMTurbo's 16th consecutive record quarter, achieving 177% year-over-year growth. Additionally, VMTurbo extended its fabric and storage module control system extensions to include support for Cisco UCS and EMC VNX, thereby supporting Flexpod and Vblock market options to drive application assurance and data center efficiencies, helping advanced customers fundamentally transform and future-proof their virtualized data centers.
Along with strong revenue growth and product innovation, VMTurbo now serves more than 1,000 advanced customers such as Salesforce.com, RBC, Tribune Media, Scripps Health, QVC and Rabobank and has launched an online social community called, “the Green Circle”, where the World’s most sophisticated virtualized data center customers share ideas, best practices and industry knowledge.
“It’s been an exciting year at VMTurbo so far,” said CEO Ben Nye. “Our team is passionate about helping our 1,000+ advanced customers monitor, automate and control their virtualized data centers to keep them in a continuously healthy state. We love showing our customers the incredible value of our control solution. In less than 15 minutes, our customers realize that defining their environments in software is only a first step towards realizing the strategic value of virtualization. Next, they must drive resiliency and efficiency by adding control over their infrastructure wherever applications need to run. We’re proud to be enabling this shift to Software-Driven Data Center Control.”
“VMTurbo has continued the strong growth we saw in 2013 with the biggest quarter we’ve ever seen – Q2, 2014,” said VMTurbo CFO Mo Garad. “Our business is performing across all levels, enabling us to grow faster than any other company in virtualization.”
Key metrics thus far for 2014 include:
- 177% year over year growth - resulting in a compounded annual growth rate of over 300% since inception
- Serving more than 1000 advanced customers - adding more customers in Q2 than any quarter before. Other notable customer additions include Manhattan Associates, Cablevision, Carfax, Infosys, Expedient Communications, Bloomin' Brands, and Sephora
According to TechValidate:
- 89% of VMTurbo customers are realizing a return on their investment (ROI) in 3 months or less with VMTurbo (TechValidate)
- 80% of customers increased resource utilization by at least 20% since deploying VMTurbo
- Almost 70% of customers have automated repetitive management of their virtualized environments with VMTurbo
- More than doubling the size of the VMTurbo Turbo Team and relocating to a new, larger office in downtown Boston
“To strengthen our leadership position we’re announcing support for OpenStack, building instrumentation for Software-Driven Control into the OpenStack core,” said VMTurbo President and CTO Shmuel Kliger. “This support of OpenStack furthers the vision for VMTurbo by expanding IT agility through reducing vendor lock-in and enabling heterogeneous control to preserve flexibility for the future.”
Key technology innovations include:
- Further expanding VMTurbo’s Software-Driven Control across the IT stack with new hardware support built into Control Modules for Storage and Fabric. This expanded support provides customers the ability to drive more comprehensive management of virtualized workloads in converged infrastructure such as Flexpod and Vblock, as well as in storage control, including support for EMC VNX, enabling up to 30% improvement in utilization
- New support for OpenStack, including contributions back to the community building instrumentation for Software-Driven Control into OpenStack, joining our existing support for VMWare, Microsoft, RedHat and Citrix environments
- The new ability to reserve capacity for future workloads, by enabling not only the scheduling of those workloads but for VMTurbo to reserve adequate capacity for those workloads to launch when needed – our customers asked, and we delivered
- Patents covering proprietary uses of economic principles in the management and control of IT environments
Numerous improvements in VMTurbo’s patented, award-winning
Software-Driven Control including:
- Cluster Flattening enabling vMotions across cluster boundaries
- Broader APIs, e.g. action settings, inventory information
- Improved support for Microsoft Hyper-V HA and Maintenance mode (e.g. recognize and manage for) to assure performance of High Availability
Action management by accounting for cost vs. impact of actions,
- Location matters: Move inside cluster is cheap, across clusters expensive, across clouds very expensive
- Size matters: much cheaper to move a small VM vs. e.g., a file sharing VM
- Benefit matters: e.g., if benefit is marginal and cost is high, we may not want to do it
- Storage with better representation of multiple CPU controllers, improved representation of avg cpu
Resource pools as VDCs enabling user to:
- Control Resource pools, e.g. resize CPU and memory allocations
- Visualize resource pool dependencies via nested pools hierarchy
- Aggregate Reporting, e.g. include all the underlying VMs in the hierarchy
- Reporting bringing existing reports into the core UI, more easily share reports and integrate with external tools, e.g. Splunk
“What’s most gratifying is not only the response we’ve received from our advanced customers,” said VMTurbo CMO Geeta Sachdev, “but the response from the larger IT community. The community has begun embracing the idea that cloud and virtual environments have grown beyond human scale in size and complexity, and needs a new approach.”
Industry accolades include:
- Receiving the 2014 Tech Trailblazers first place award in the virtualization category as well as the Tech Trailblazers runner-up award in the cloud category
- Receiving numerous other awards, such as: Named #26 in Forbes Most Promising Companies, CRN’s 2014 Emerging Vendors, and awarded the Bronze medal by Tech Target in their Storage Management category
Gaining the attention of leading minds in the virtualization
blogosphere who added their voices in support of VMTurbo’s unique
approach, such as:
- Chris Wahl (wahlnetwork.com): "...from a UCS perspective, I'm really digging this bad boy." (http://wahlnetwork.com/2014/05/08/rockin-vmturbos-operations-manager-ucs-integration)
- Jeff Wilson (agnosticcomputing.com): "…products like [VMTurbo] are the future of IT. VMTurbo is awesome and unique in an on-prem context as it bridges the gap between cost & operations, but it’s also kind of a window into our future as IT pros. That’s because if your employer is cloud-focused at all, the infrastructure-as-market-economy model is going to be in your future, like it or not. Cloud compute/storage/network, to a large extent, is all about supply, demand, consumption, production and bursting of resources against your OpEx budget. What’s neat about VMTurbo is not just that it’s going to help you get the most out of the CapEx you spent on your gear, but also that it helps you shift your thinking a bit, away from up/down, latency, and login times to a rationalized economic model you’ll need in the years ahead.” (http://agnosticcomputing.com/2014/06/11/30-days-hands-on-with-vmturbos-opsman-vfd3/)
What to expect in the second half of 2014 and beyond
“Expect more great things later this year and next as VMTurbo expands Software-Driven Control further up into the application layer, delivering control that is not only application-aware, but application-driven,” concluded Kliger. “As well as a new way of imagining clusters in a Software-Defined world…”
VMTurbo’s Software-Driven Control platform enables organizations to manage cloud and enterprise virtualization environments to assure application performance while maximizing infrastructure efficiency. VMTurbo’s patented market-based approach dynamically adjusts configuration, resource allocation and workload placement to meet service levels and business goals, and is the only technology capable of closing the loop in IT operation by automating the decision-making process to maintain an environment in a healthy state.
The VMTurbo platform first launched in August 2010 and since that time more than 10,000 users worldwide have deployed the platform, including JP Morgan Chase, Aetna, Colgate-Palmolive and Salesforce.com. Using VMTurbo, our customers ensure that applications get the resources they need to operate reliably, while utilizing their most valuable infrastructure and human resources most efficiently.
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
Nov. 29, 2015 02:45 AM EST Reads: 415
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
Nov. 29, 2015 02:30 AM EST Reads: 495
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Nov. 29, 2015 01:00 AM EST Reads: 434
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Nov. 28, 2015 08:00 PM EST Reads: 430
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Nov. 28, 2015 01:00 PM EST Reads: 479
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
Nov. 28, 2015 12:00 PM EST Reads: 338
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
Nov. 28, 2015 12:00 PM EST Reads: 553
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, explored the value of Kibana 4 for log analysis and provided a hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He examined three use cases: IT operations, business intelligence, and security and compliance. Asaf Yigal is co-founder and VP of Product at log analytics software company Logz.io. In the past, he was co-founder of social-trading platform Currensee, which...
Nov. 28, 2015 12:00 PM EST Reads: 235
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
Nov. 28, 2015 11:45 AM EST Reads: 408
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
Nov. 28, 2015 11:15 AM EST Reads: 417
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Nov. 28, 2015 11:00 AM EST Reads: 517
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Nov. 28, 2015 10:30 AM EST Reads: 315
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Nov. 28, 2015 10:15 AM EST Reads: 260
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Nov. 28, 2015 10:00 AM EST Reads: 401
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Nov. 28, 2015 10:00 AM EST Reads: 199