Nlyte Software Reports Strong Growth and Market Penetration for Fiscal 2013 Year-End
Nlyte Software Reports Strong Growth and Market Penetration for Fiscal 2013 Year-End
Recognized with Major Player Status in IDC MarketScape Report & Gartner Cool Vendor Report Revisit
SAN MATEO, Calif.--(BUSINESS WIRE)-- Nlyte Software, the world's leading software company focused on the management and optimization of data centers, today announced record revenue and financial results for fiscal year 2013, which ended June 30th. Revenue continued to accelerate for the fifth consecutive year achieving record revenue levels and is forecasting accelerated growth for fiscal year 2014.
"Nlyte continues to outpace overall market growth, rapidly acquiring new customers and delivering new capabilities to both new customers and our existing installed base," said Doug Sabella, CEO of Nlyte Software. "We executed well and our team is deserving of the recognition that has come our way. The DCIM suite is clearly a priority at enterprises looking to optimize their data center efficiencies, control their power and cooling costs and who are beginning to look deeper at mapping their work to the costs and capacity of the underlying resources across their IT infrastructure. As the leading DCIM suite, we are increasingly finding enterprises that think strategically about their fundamental approaches to data center transformation are coming to Nlyte."
The company successfully introduced its 7th generation software suite, Nlyte 7, the industry's first data center infrastructure management (DCIM) solution that combines capacity planning and energy management in the context of cost. As a business management suite, Nlyte 7 provides the ability to optimize current operational costs, minimize risk, support compliance and audit initiatives and optimize future capital expenditures (CapEx). As a result of strong support for Nlyte 7, the company has seen significant penetration in the financial and technology vertical industries, and has the strongest backlog in company history.
"Nlyte continues to be a pure-play software leader in the DCIM category and has done an excellent job helping end users understand how to manage the datacenter as a business and elevating the discussion to the C-Suite," said Jennifer Koppy, research manager at IDC "Beyond a tactical facilities or datacenter tool, Nlyte's solution is a business life-cycle management and decision support solution. The company is one of the first to understand the importance of interfacing DCIM with ITSM tools - a critical differentiator in the market."
Nlyte has enjoyed several industry accolades this last year. The company was named a 'Major Player' in the "IDC MarketScape: Worldwide Datacenter Infrastructure Management (DCIM) 2013 Vendor Analysis." IDC said, "IDC believes that Nlyte's focus on change management and asset management and supporting decisions based on cost of service delivered will define the company and position it well for the needs of CIOs in the next several years." The report states, "Nlyte's DCIM solution was developed by people with strong datacenter management backgrounds who brought with them best practices and industry experience in IT management." Nlyte was also included in the recent Cool Vendors in the 2013 Gartner Data Center Infrastructure Management, Power and Cooling report in the "Where Are They Now?" section (Nlyte received the honor of being called a Gartner Cool Vendor in 2011). The report said, "Data center managers who are looking for a comprehensive set of DCIM capabilities with an open Web services approach to interface with ITSM tools should consider Nlyte Software."
As the proven DCIM standard managing millions of assets, Nlyte now has the largest installed base of any modern DCIM solution and is in production in many of the world's largest data centers today. Nlyte software is designed to increase IT agility and responsiveness so they can provide more business value, and is the only software platform offering data center transparency and accountability for business application stakeholders. As CxOs realize they have hundreds of millions of dollars invested in their data centers, which is often under-managed, DCIM becomes the strategic approach to the business of IT management, optimizing internal controls and compliance, lowering costs, and minimizing risk.
Additional FY2013 Nlyte Software Highlights include:
Successfully deployed multiple Nlyte instances each managing tens of thousands of racks
Enters FY2014 with strongest backlog in company history
Achieved significant penetration in the financial services and technology market segments
Launched Nlyte 7 with a wealth of new modules including Nlyte DCM Integrator Module, the NgageAPITM web services and Nlyte Barcode
Became only vendor in the industry offering unlimited multi-vendor support for rack based PDUs as part of its standard offering
Introduced licensing program of our patented intelligent asset placement technology
Successfully launched Aperture Trade-up Program, tapping into a brand new customer base with multiple conversions already completed
Vice president of Channels and Alliances, Sandra Denton, honored by CRN Magazine for second consecutive year as a "Top Woman of the Channel" recipient
About Nlyte Software
Nlyte Software is the world's leading software company focused on planning, managing and optimizing data centers. Nlyte Software enables enterprises to extend IT management software to include the physical layer with the logical and virtual layers of the data center, maximizing the financial benefits from the optimized utilization of power, space and assets. Nlyte's proven platform is used in the data centers of some of the largest and most valued companies in the world. For more information, please visit our website: http://www.nlyte.com.
All trademarks or registered trademarks are the property of their respective owners and are used for identification purposes only.
ANW Networks
Alicia V. Nieva-Woodgate, +1 415-515-0866
alicia@anwnetworks.com
Melissa Hourigan, +1 720-988-3856
melissa@anwnetworks.com
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