newScale® Inc., pioneers of the self-service IT storefront for the enterprise, announced record financial results and a dramatic increase in cloud computing adoption among new and existing customers in 2010. newScale sales from cloud-related customer deployments grew by 162%, with a 133% increase in new cloud computing customers, during the calendar year.
“Working with our customers, newScale has a front row seat for the transformation of enterprise IT and adoption of private clouds,” said Scott Hammond, president and CEO of newScale, Inc. “It’s a dynamic and rapidly evolving market, and the momentum is accelerating as we start 2011. In the final quarter of 2010, our cloud-related license revenue grew by 312% on a year-over-year basis.”
newScale’s growth was fueled by both new wins and expansion deals at customers including Ameriprise Financial, Bechtel Corporation, The Boeing Company, The Bosch Group, Cable&Wireless; Worldwide, Capital BlueCross, Charles Schwab, Citizens Financial Group, Citrix Systems, Environmental Protection Agency (EPA), Federal Reserve, Gap Inc., Intel Corporation, Kimberly-Clark Corporation, Los Angeles County Government, Macy’s, National Aeronautics and Space Administration (NASA), Nokia Corporation, PJM, The Saab Group, Sasol, SHI International, Siemens IT Solutions & Services, U.S. Army Corps of Engineers, Washington D.C. City Government, and XL Group plc.
Highlights for newScale in 2010 included:
Another record-setting year for the company across all key financial performance targets, outperforming on revenue and cash flow targets.
In-production or active private cloud deployments at 25 newScale customers in 2010 – including many of the most well-respected Fortune 500 companies – with more than 50 new cloud opportunities already in the 2011 sales pipeline.
Several new cloud service providers – including Cable&Wireless;, SHI, and Siemens – selected newScale software to power their IaaS, PaaS, and virtual desktop solutions.
Recognition as the “Best of VMworld” in the new category of private cloud computing, with judges citing newScale software’s “user-friendly interface that lets you order, receive and deploy applications in your private cloud infrastructure”.
Continued technology innovation with the release of newScale version 9 in early 2010, and the launch of new products including newScale LifecycleCenter™ and the recently introduced newScale Service Portal™.
Strategic relationships and technology support for leading infrastructure vendors including Amazon Web Services, Cisco, Citrix, NetApp, and VMware. In collaboration with Eucalyptus and rPath, newScale also established the NRE Alliance for private / hybrid cloud management.
New OEM agreements, including with one of the world’s largest technology companies. newScale also expanded its roster of regional resellers, with new channel partners Controlware GmbH, Empired, MomentumSI, World Wide Technology, and others.
“Cloud computing is an important new requirement for our customers, and SHI is opening a $25 million cloud services data center in 2011 to meet that need,” said Henry Fastert, chief technologist for SHI. “We chose newScale to provide the self-service and automation required for SHI’s next-generation infrastructure-as-a-service solution. newScale’s software delivers the enterprise-class functionality required for our demanding customers, with the flexibility and agility necessary to support a rapidly growing cloud business.”
“We rely on newScale technology for both our internal private cloud and the cloud services we offer to Siemens clients in North America,” said Bruce Coughlin, vice president of portfolio & innovation for Siemens IT Solutions & Services. “newScale’s software is essential to our cloud computing strategy and provides key competitive differentiation for our infrastructure services, from the data center to the desktop.” ***
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