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2nd Watch Rides AWS Market Maturity to 400% Growth

Evolving Enterprise IT Strategies Created New Business Opportunities for 2nd Watch in Q2

SEATTLE, WA -- (Marketwired) -- 08/13/14 -- 2nd Watch, which helps the world's largest companies develop and implement IT strategies based on Amazon Web Services (AWS), once again experienced a record financial quarter. Bookings for Q2 (ended June 30) grew 400% from the same quarter the previous year, and revenue was up 300%. With the cost of cloud infrastructure declining, clients secured 3x more storage space than they did in Q2 last year.

"Cost is just one factor influencing enterprise IT strategies today," says Kris Bliesner, CEO at 2nd Watch. "Just as the price of cloud infrastructure has come down, the complexity of IT projects is going up. The larger the company, the more likely they are to be using a variety of platforms and providers. AWS continues to be the centerpiece of most cloud infrastructure deployments, but how clients use the service, which hardware and software they're plugging into it, and which features any given client happens to be using, is constantly changing. What we're finding is that IT buyers are more informed and ambitious than they were a year ago."

An informal survey of new 2nd Watch clients from the second quarter found that one-third have tested multiple cloud infrastructure platforms. Over 30% of clients predicted they were likely to pursue a hybrid (cloud and on-premise) model going forward. And nine out of 10 new customers said they needed help figuring out which AWS features and third-party applications were best for them. Meanwhile, a formal 2nd Watch survey from June found that a lack of "control and visibility" in the cloud is the greatest concern for 45% of companies. The next top concern is growing complexity stemming from issues such as integration needs (36%).

2nd Watch was aggressive in the second quarter in responding to the needs of IT infrastructure buyers. In June it announced a new cloud spend-tracking and management application for AWS users, and a new service delivery model for speeding AWS deployments. The emphasis on transparency and best practices helped to ease clients into their new AWS surroundings.

"We would've never been able to grow this quickly without changing our cloud model," says Paul Cypher, CEO at CypherWorx. The company is on track to more than triple sales this year after migrating to AWS with help from 2nd Watch.

About 2nd Watch

2nd Watch is a global leader in building, deploying and managing Amazon Web Services (AWS) based IT operations for enterprise customers. 2nd Watch assists customers in evaluating the economics of moving IT operations into AWS, designs and builds highly reliable and scalable AWS based enterprise IT platforms, and provides software tools and management services that enable enterprises to deploy, manage and optimize cloud based IT operations infrastructure. 2nd Watch has effectively moved over 2MW of enterprise data center capacity into the AWS cloud as part of 300+ platform and data center migrations. 2nd Watch is an AWS Premier Consulting Partner and is headquartered in Liberty Lake, WA with offices in Seattle, San Francisco, and New York. For more information, try the TCO Calculator at tco.2ndwatch.com, email [email protected], visit www.2ndwatch.com or call 1-888-317-7920.

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