Verge.io | November 09, 2022
Verge.io, a leader in private cloud software, today announced that it saw the second straight quarter of record quarter-over-quarter growth driven by both new customer acquisition and existing customer expansion. To further capitalize on these transformative opportunities, the company appointed Mike Wall as chairman of its board of directors.
In Q3 Verge.io closed over 3x more annual recurring revenue (ARR) than Q2, for the 2nd best quarter in company history. This continued upward trajectory is the result of existing customers increasing their deployment of the Verge-OS virtualization software and acquisition of new customers replacing their incumbent implementations due to cost, complexity, inability to scale and lack of ransomware protection. Additionally, Verge.io increased sales velocity, even closing new logos in a matter of weeks.
Verge.io also ended Q3 with the strongest pipeline in company history. Multiple transformative opportunities were added to the pipeline that would exponentially increase top line. In addition, numerous new distribution channels are under review that would dramatically increase sales velocity in 2023.
These successful results are in part due to Verge.io’s recent expansion of sales and marketing efforts to educate potential customers on the company’s ability to simplify the software defined data center into a single, powerful piece of software that runs on commodity hardware. These efforts, a newly launched website and a new technical wiki and online self-paced training system have earned the attention of analysts and editors.
To help continue the momentum that Verge.io is building, the company recruited Mike Wall to serve as its chairman. Wall spent 15 years at Intel, ran its storage division, then spent time at a few VC-backed early-stage ventures in the storage space. His repeated, high-multiple exits in the space further positions Verge.io to capitalize on recent growth to add market valuation.
“Coming off of a record-breaking quarter makes this is an exciting time to be a part of the Verge.io team and I look forward to helping continue the sales velocity that we’ve achieved,” said Wall. “From increasing our market visibility to growing our pipeline of global customers to quickly closing sales opportunities, we’ve developed a strong foundation for success. The future is bright for further building our business and providing customers with the cost and IT simplicity that they need.”
“Such strong quarter-over-quarter success shows that our efforts to provide a single piece of software that simplifies the data center process and offers a secure multitenancy for clouds is resonating in the marketplace, We are very pleased with the results of Q3 2022 given that we launched our website only 7 months ago and most of our sales team has only been in place for 6 months. From increased bookings with new and existing customers, expanded partnership opportunities and adding experience to our executive board, Verge.io is poised to continue its pattern of growth as we provide a better alternative to traditional legacy cloud architectures that are too complex and require too much management.”
Yan Ness, Verge.io CEO
Verge-OS software delivers virtualized data centers with more compelling economics and efficiencies than competing platforms. Verge-OS abstracts compute, network, and storage from commodity servers and creates pools of raw resources that are simple to run and manage by an IT generalist. A single license replaces disparate hypervisor, network, storage, data protection, and management tools to simplify technology stacks. Secure virtual data centers based on Verge-OS include all enterprise data services like global deduplication, disaster recovery, continuous data protection, snapshots, long-distance synch, and auto-failover.
Verge.io provides a simpler way to virtualize data centers and end IT infrastructure complexity. The company’s Verge OS software is the first and only fully integrated virtual cloud software stack to build, deploy and manage virtual data centers. Verge-OS delivers significant capital savings, increased operational efficiencies, reduced risk, and rapid scalability.
VIRTUAL DESKTOP TOOLS
VNET Group | September 26, 2022
VNET Group, Inc. a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that Mr. Samuel Yuan-Ching Shen decided to resign from his positions as the Company's Chief Executive Officer and Executive Chairman of Retail IDC Business Group due to personal reasons, and he will remain with the Company as a senior advisor to the senior management. Mr. Jeff Dong, the Company's president, has been appointed to succeed Mr. Shen as the Company's Chief Executive Officer, effective immediately.
"I would like to thank Samuel for his contributions and dedication to our success throughout his tenure. His leadership has been instrumental in driving value and growth for VNET. We look forward to his ongoing guidance in his new role as our senior advisor."
Mr. Josh Sheng Chen, Founder and Chairman of VNET
"Meanwhile, I am pleased to welcome Jeff to the executive leadership team. We are confident that Jeff's extensive industry insight and deep investment expertise, acquired over a long and illustrious professional career, will continue to drive our dual-core growth strategy and fuel our ongoing commitment to achieving sustainable growth and long-term shareholder value."
Mr. Jeff Dong has served as president of the Company and chief executive officer of VNET Capital since June 2022. Prior to joining the Company, Mr. Dong served as the head of the real assets investment department of Taiping Capital Asset Management, a subsidiary of China Taiping Insurance Group, from June 2020 to June 2022. Mr. Dong has extensive experience in real assets investment in infrastructure, TMT and new energy sectors. Mr. Dong's related experience spans more than 15 years, including over a decade serving in various roles at China Investment Corporation, a sovereign wealth fund of China. Mr. Dong received his Ph.D. from Manchester Business School.
VNET Group, Inc. is a leading carrier- and cloud-neutral Internet data center services provider in China. VNET provides hosting and related services, including IDC services, cloud services, and business VPN services to improve the reliability, security, and speed of its customers' internet infrastructure. Customers may locate their servers and equipment in VNET's data centers and connect to China's internet backbone. VNET operates in more than 30 cities throughout China, servicing a diversified and loyal base of over 6,500 hosting and related enterprise customers that span numerous industries ranging from internet companies to government entities and blue-chip enterprises to small- to mid-sized enterprises.
VIRTUAL DESKTOP STRATEGIES
Wipro | November 11, 2022
Wipro Limited a leading technology and consulting services company, and VMware, Inc. announced an extended collaboration to help mutual customers accelerate their digital journey and maximize their VMware Cloud investments.
As part of this expanded relationship, Wipro will launch a new dedicated VMware-focused business aligned to Wipro’s broader strategy of driving growth through strategic partnerships. The unit will focus on the power of Wipro FullStride Cloud Services’ in-depth expertise across industries along with VMware Cross-Cloud services to help enterprises drive enhanced agility, speed, and innovation. The goal will be to streamline VMware implementations and accelerate deployment of applications, leading to better, faster ROI.
“Multi-cloud, modern applications and anywhere workspace strategies are increasingly more critical to enterprise success, We are thrilled to join forces with Wipro to tap into our collective strengths and help make adoption of digital transformation strategy easier for large enterprises. Together, we look forward to providing enterprises with the Cloud Smart solutions and services they need to achieve value from technology investments faster, compete more effectively, and operate their businesses more efficiently and securely.”
Monty Bhatia, Vice President, Global Systems Integrators, VMware
Wipro’s new business unit will work with VMware on deepening the companies’ collaboration on deploying VMware solutions, including VMware Anywhere Workspace, which allows employees to work from anywhere with more secure and frictionless experiences. All solutions will be implemented with an eye toward sustainability and reduced carbon footprint as a key business outcome.
“The innovative solutions we have created with VMware thus far enable enterprises to accelerate the development and deployment of more secure modern apps and empower their global workforce while dramatically simplifying the management of a multi-cloud infrastructure,” said Jason Eichenholz, Senior Vice President, Global Head of Ecosystems & Partnerships, Wipro Limited. “We are thrilled to expand our partnership with VMware to help clients realize better, faster value from cloud investments.”
“This new Wipro business unit will accelerate our clients’ journey to the cloud, helping drive innovation, resilience, and agility,” said Jo Debecker, Senior Vice President & Global Head, Cloud and Infrastructure Services, Wipro Limited. “Wipro’s VMware-dedicated Business Unit will be an important vehicle for clients across every major industry to maximize the transformative power of hybrid/public clouds to deliver new experiences, new solutions and innovations to their end users.”
Wipro will offer a full portfolio of digital transformation services in collaboration with VMware across industries, with major focus on Banking & Financial Services, Healthcare, and Consumer and Retail. The unit will leverage Wipro’s 10,000+ domain experts in these verticals including the expertise acquired through acquisitions like Capco and Designit. Wipro will be significantly scaling the technical competency in VMware Cross-Cloud services for multi-cloud infrastructure, modern apps, anywhere workspace, networking, and security, and will have 5,000 cross-trained professionals for these areas over next two years.
The Wipro and VMware collaboration will be truly global, covering the Americas, Europe, Middle East, Africa, and Asia Pacific, and will involve multi-million-dollar investments across sales, alliances, and delivery resources in each of these regions. The delivery will be executed through Wipro FullStride Cloud Studios in US, Europe, and India.
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda. For more information, please visit www.vmware.com/company.
About Wipro Limited
Wipro Limited is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 250,000 employees and business partners across 66 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world.
VIRTUAL SERVER INFRASTRUCTURE
Leostream | November 01, 2022
Leostream, the leading provider of enterprise-grade remote access solutions, today announced a joint digital workspace management solution with Liquidware Inc. that keeps desktops and applications agile and always available.
The combination of the Liquidware Essentials™ bundle with Leostream’s connection management platform offers customers a single, cohesive, tested, scalable and affordable solution that connects end users to their desktops or applications seamlessly, from any device, using any display protocol.
Unlike traditional VDI approaches, the Leostream and Liquidware combined solution enables user profile management across any on-premises or cloud backend infrastructure by moving users seamlessly between backend environments based on performance needs. Users log in from the same portal with the same credentials for unlimited freedom and flexibility while organizations are able to transition from costly legacy VDI stacks with a solution custom built to suit their needs.
Liquidware provides comprehensive user environment management, application layering and user experience monitoring in the Essentials suite, which includes ProfileUnity™, FlexApp™ and Stratusphere™ UX. ProfileUnity and FlexApp harvest current user profile environments and applications to prepare for a smooth migration. Stratusphere UX enables organizations to measure their current environments in order to properly design, resource and move their target environment to any desktop platform; physical, virtual or cloud-based. Liquidware Stratusphere UX gathers and provides key user-experience metrics to support the design of desktop images to be provisioned by Leostream.
"Combining true best-of-breed solutions like Liquidware Essentials and the Leostream Platform allows organizations to avoid the cost and management overheads of point legacy solutions,” said Jason E. Smith, VP Alliances and Product Marketing, Liquidware. “With this joint offering, IT admins can easily move from physical to VDI or cloud-based desktops seamlessly with no user downtime.”
Leostream is the connection management platform of choice for major enterprises around the globe for its ability to mix and manage on-premises and cloud-based hosting platforms. Leostream’s remote access and desktop connection management software enables organizations to create security-conscious remote desktop environments that are sustainable, performant, and cost-effective. The ability to orchestrate disparate technologies from a single management and access platform is a uniquely Leostream construct that enables organizations to advance the state of the art of their entire hosted desktop environment with an eye on integrating new technologies as they come to market.
“Both Liquidware and Leostream offer field-proven solutions that improve management of increasingly complex IT environments, This joint solution better allows users to co-exist and move across physical, virtual, cloud, and mixed-Windows OS environments with ease. We are pleased to have had the opportunity to collaborate to deliver this digital workspace management solution to provide our joint customers with the unlimited freedom and flexibility that they need, while helping them seamlessly transition off costly legacy platforms.”
Karen Gondoly, Leostream CEO
Liquidware is a leader in digital workspace management solutions for Windows desktops. The company’s products encompass all facets of management to ensure the ultimate user experience across all workspaces – physical, virtual, DaaS or in the cloud. Enterprises across the globe utilize Liquidware solutions to dramatically decrease time spent managing desktops, while delivering increased security, flexibility, and scalability. Supported platforms include Microsoft physical, Azure Virtual Desktop (AVD), and RDS desktops, Citrix Desktops, VMware Horizon, Amazon WorkSpaces, and Nutanix Frame. Liquidware products are available through a global network of partners.
The Leostream Platform embodies over 20 years of Leostream research and development in supporting customers with hosted desktop environments including VDI, hybrid cloud, and high-performance display protocols. The Engineering, Science & Technology Emmy®-winning Leostream Platform provides the world’s most robust desktop connection management and remote access feature set, allowing today’s enterprises to choose the best-of-breed components to satisfy their complex security, cost, and flexibility needs, while working with them as they evolve into tomorrow.