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SevOne Continues Its Network and Application Performance Monitoring Leadership by Closing Out a Record Breaking 2008
(Marketwire Via Acquire Media NewsEdge) NEWARK, DE, January 20 / MARKET WIRE/ --
SevOne, Inc., an innovator in network and
application performance management tools and solutions, today announced
that its 2008 year-over-year revenue growth exceeded 400% and that it is
well positioned for strong and consistent growth in 2009. The company's
workforce grew 150% and numerous new customers were added including
Comcast, Kohler, Goodyear, Sterling Commerce, Nestle Purina, plus 3 of the
world's top ten financial services institutions which requested to remain
nameless.
"In a strained economy, technology providers need to deliver a compelling
value proposition in order to be financially viable," said Robert S.
Adelson, president of Osage Venture Partners. "SevOne is doing just that
by providing the most recognizable organizations in the world with
distributed performance management that can scale to support any network
device, server, or application -- regardless of its location -- and at a
fraction of the cost of competing solutions."
Product Innovation: A Key Differentiator in 2008
In June, SevOne launched PAS?
(Performance Appliance Solution) at Cisco Live. The new appliance
solution is based on a unique peer-to-peer architecture providing
enterprise companies and service providers with a clear alternative to
legacy performance management offerings. Benefits include lower system
costs, increased reporting speed and limitless scalability. PAS supports
millions of network elements and compresses customization projects into
days vs. months or longer.
In November 2008, new PAS
enhancements were announced including the ability to import any
third-party data into robust reports, segmentation of NetFlow data into
logical groups, and polling of WMI (Windows Management Instrumentation) --
includes VMware views.
Industry Acceptance: SevOne Received Numerous Accolades in 2008
-- (TMC) Communications
Solutions Magazine's "Product of the Year"
-- Network World Magazine's
Top 10 IT Management Start-Ups to Watch
-- Network Products Guide's
Hot Companies finalist
"Staying ahead of the technology curve is a key element of our strategy,
and something that our valued customers have come to expect from us," said
Vess Bakalov, chief technology officer for SevOne. "We have many
significant solution enhancements planned for 2009 that will help our
customers improve their business operations and we look forward to another
banner year."
For additional insight into network and application performance management
and its associated challenges, please view SevOne's most recent industry
analyst white paper: The Mandate for
More Effective Application Performance Management.
About SevOne
SevOne, Inc. is a network performance management company dedicated to
providing next-generation tools and services that enable enterprises to
keep increasingly complex networks and applications functioning at peak
performance levels. Based on a scalable and flexible modern software
architecture incorporating open web-services API, Web 2.0 GUI and
peer-to-peer clustering, the SevOne solution provides managers, architects
and engineers with the most accurate and timely data available to ensure
enterprise-wide network performance and reliability. For more information
please visit www.sevone.com or call 302-368-5650.
Press Contact:
Joline Biancavilla
BridgeView Marketing (for SevOne)Joline@bridgeviewmarketing.com
(603) 978-4491
Copyright ? 2009 Marketwire
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