January 14, 2008
LONDON, Jan. 7 -- DataSynapse Inc.,
the global provider of real-time infrastructure software, today
announced that it experienced another solid year of growth in 2007, as
it increased its sales year-over-year by more than 50 percent, while
making significant additions to its product portfolio, executive
leadership team and customer roster.
"For a company to remain successful in the rapidly evolving virtualization and real-time infrastructure markets, it has to be continuously listening to its customers, watching industry developments and refining its own technology," said Dan Kusnetzky, president and principal analyst of Kusnetzky Group LLC. "Since its inception, DataSynapse has taken all the right steps in building and aligning its technology with the needs of the market."
According to IDC, the virtualization market will grow to $11.7 billion by 2011 as businesses turn to the technology to address datacenter issues. In preparation for continued market growth in 2008 and beyond, DataSynapse strengthened its executive management in 2007 and deepened its alliance roster. Expanding its global presence, DataSynapse teamed with more companies throughout Asia and Europe to complement its 13-country customer base. DataSynapse also announced significant enhancements to one of its flagship solutions and introduced the first commercial product that provides visibility and analytics for virtualization infrastructures.
"With a large global base of partners and clients and an expanded product portfolio, DataSynapse is well positioned to continue enabling enterprises to capitalise on the promise of application virtualization and better align IT with business growth," said Peter Lee, CEO and co-founder of DataSynapse. "We look forward to delivering on the promise of real-time infrastructure so that companies in a wide range of markets can run their IT infrastructures in real time like their businesses."
Notable corporate highlights in 2007 included:
The company announced its GridServer 5.0 software, the first product to offer mega-grid capabilities for grids of up to 20,000 nodes. The software answers the call for improved global administration, including seamless integration with enterprise authorization frameworks and role-based security policies that allow organizations to protect application integrity in a distributed environment. DataSynapse also launched its VersaVision software, a business-level reporting and analytics platform that measures service level for user experience, cost, utilization and performance.
In support of its global expansion, DataSynapse strengthened its executive leadership team by appointing Alun Baker as senior vice president and managing director for EMEA. Also, co-founder and CTO Jamie Bernardin has taken on more executive leadership responsibilities and been appointed president of DataSynapse.
DataSynapse announced successful implementations with new customers, most notably UniCredit, one of Europe's largest banking and financial services companies, and LexisNexis Applied Discovery Inc., a leading provider of Applied Discovery electronic discovery services to the nation's top law firms and corporations. This year also ushered in DataSynapse's inaugural user conference, ALIGN 2007, which brought company executives together with customers, partners and industry experts to discuss real-time infrastructure strategies.
With explosive growth in the virtualization space, DataSynapse joined forces with additional systems vendors, ISVs and systems integrators. Some of DataSynapse's 2007 strategic alliances included Capgemini, Evident Software, ISID, KCI, Longview Solutions, OpTier and Pricing Partners.
DataSynapse continued to be recognized for its industry leadership, innovative technology and business achievement. In 2007 alone, DataSynapse and its customers won industry awards with Always On, Banking Technology, Computerworld, Financial-i, Information Age, InfoWorld and Network World. DataSynapse was also honored by Gartner in its "Hype Cycle for IT Operations Management" report, which named DataSynapse as a vendor that delivers on the promise for real-time infrastructures.
DataSynapse provides real-time infrastructure software that enables IT organizations to align with the changing demands of business. By dynamically allocating compute resources to enterprise applications based on business demands and policies, DataSynapse's solutions speed application time to market, improve quality of service, lower IT operations costs and reduce application management complexity. With proven, recognized products -- including its GridServer, FabricServer, VersaVision software and RTI Design, a best practices blueprint for transitioning to real-time infrastructure -- DataSynapse provides a standardized, automated approach to configuring, activating and scaling enterprise applications in real-time environments. For more information about DataSynapse, visit www.datasynapse.com.
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