Netuitive Celebrates Banner Year
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RESTON, VA, Jan 22 (MARKET WIRE) --
Netuitive, Inc., the leading provider of self-learning performance
management software, today announced its continued momentum and record growth
in 2007. By continuing to innovate and accomplish what no other performance
management software has been able to do to date, the company has more than
doubled its revenues, surpassed its 200th customer mile mark and secured
multi-million dollar deals with industry leaders in the financial services,
e-commerce and telecommunications industries.
"Netuitive closed a successful 2007 with 140 percent year-over-year
growth.Additionally, our technology has enjoyed a 100 percent success record in
competitive evaluations. This tells us that today's companies have moved beyond
traditional means of monitoring, and are ready for a change in the way they
approach and manage application performance. The need for automated,
self-learning technologies has arrived and Netuitive is clearly the vendor of
choice," said Nicola Sanna, CEO and President of Netuitive, Inc.
In addition to attracting brand-name customers, Netuitive's self-learning
technology
has caught the eye of industry experts, such as Gartner, as the firm named
Netuitive a "Cool Vendor" in its "Cool Vendors in IT Operations Management,
2007"
report. The company also received a "Best of VMworld" award for its release of
Netuitive SI for VMware, and just last month finished out the year by earning a
"Future 50" award from SmartCEO Magazine.
In Q1 2007 the company secured $8 Million in financing to expand its team
and
presence both domestically and abroad. Following closely behind its funding
news, Netuitive announced its addition of a U.K.-based sales and support
center and the appointment of three former HP/Mercury veterans. The company
also expanded its presence in Atlanta and Chicago.
Netuitive introduced three significant product releases in 2007, all of
which represent a precursor to Netuitive's vision for autonomic computing:
-- In October 2007 Netuitive unveiled the newest version of its self-
learning performance management software for BSM, Netuitive Service
Analyzer 2.0, significantly expanding the enterprise feature set with real-
time service level monitoring and promoting usability across organizational
silos by analyzing the environment from multiple perspectives with a
Multiview BSM Dashboard.
-- In September, Netuitive rose to meet stringent scalability and
manageability requirements for the world's largest IT organizations with
the release of Netuitive SI 4. Adding enhanced UI scalability with
hierarchical visualization and "smart groups" to enable easy, intuitive
management of thousands of system elements across the enterprise, Netuitive
considers this release to be the most usable, intuitive platform for
performance management.
-- Earlier in the year, Netuitive brought to market the first self-
learning management software for VMware and gained widespread recognition
for its ability to tackle performance management in virtual environments.
The technology -- and its ability to understand the meaning and impact of
relationships in a virtualized environment -- was awarded a "Best of
VMworld" award, edging out products from over 20 companies in the most
competitive category at VMworld 2007, which included technologies from CA,
AMD and IBM.
Netuitive's unique method of analyzing and predicting system
performancewas granted its ninth patent in 2007, further distinguishing its
self-learning approach from any other performance management software in the
industry.
If you have questions or would like to reach a Netuitive spokesperson for
comment, please contact Julie Tangen at 831.454.8523 or
Julie@kulesapr.com.
About Netuitive, Inc.
Netuitive is the leading provider of self-learning performance management
software.
Based on nine patented technologies resulting from 20 years of academic and
commercial research and development, Netuitive products replace human guesswork
with automated mathematics and analysis to improve performance of systems,
business services and virtual infrastructures. Hundreds of customers such as
Kroger,
BlueCross BlueShield, MetLife, Citigroup and the U.S. Air Force have discovered
that Netuitive software leverages existing monitoring systems and delivers
return
on investment in as little as two months. Named by Gartner as a 2007 "Cool
Vendor" for IT operations management, Netuitive has forged partnerships with
recognizedtechnology leaders on a wide range of IT and business solutions. For
more
information, please visit www.netuitive.com.
Contact:
Julie Tangen
Kulesa Public Relations for Netuitive, Inc.
831.454.8523
Email Contact
Copyright 2008, Market Wire, All rights reserved.
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