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Akorri Continues on Aggressive Growth Path in Third Quarter 2010

Company Grows Revenues 91% and New Customers by 48% Over Q2, Introduces New Version of Award-Winning BalancePoint Software With Groundbreaking Predictive Analysis

October 04, 2010
Marketwire

LITTLETON, MA—(Marketwire - October 4, 2010) -  Akorri, Inc., the leader in virtualization and storage management for the dynamic data center, announced the company continues its path of aggressive growth during the third quarter of 2010 by growing revenues 91% and new worldwide customers by 48% over the previous quarter.

Akorri also launched the latest version of its award-winning BalancePoint® software which introduced the industry’s first cross-domain automated, predictive analytics to help IT organizations prevent outages and bottlenecks in the increasingly complex virtualized data center. The first in a series of predictive capabilities, the groundbreaking BalancePoint Predictorâ„¢ for Storage automatically detects issues that can quickly lead to application outages. Additionally, the new BalancePoint software has introduced new infrastructure analytics and further expanded its heterogeneous management with Microsoft Hyper-V, NetApp V-series, HP SVSP, and HDS Dynamic provisioning storage support.

Additionally within the quarter, Akorri:

  * Became the first and only cross-domain performance and capacity management solution to achieve VMware Ready Management Solution Certification. This VMware certification indicates to all IT organizations that BalancePoint has passed a detailed evaluation and testing process managed by VMware and can now be found listed within the VMware Partner Product Catalog.
  * Introduced a BalancePoint ROI Calculator for Virtualization and Storage Management which analyzes potential savings in terms of improved productivity, increased infrastructure utilization and reduced troubleshooting time.
  * Launched a 30 Day Free Trial of BalancePoint.

“I am very pleased with the great success we have demonstrated this quarter. Akorri continues to expand its market presence, industry awareness, and industry leadership with our new product functionality,” said Allan Wallack, CEO at Akorri. “Customers are increasingly purchasing Akorri to solve critical performance and capacity problem as they virtualize their IT environments. And we’re the only solution which predicts performance and capacity issues before they happen, thereby enabling customers to move past any virtualization implementation stall issues they may be facing.”

About BalancePoint Software
BalancePoint is the only analytics-based IT management software solution on the market designed to optimize performance and utilization of virtual machines, physical servers and storage resources. BalancePoint is agentless and available as a virtual appliance. It provides multi-vendor, heterogeneous support for hypervisors (VMware vSphere and Microsoft Hyper-V), operating systems and storage. It supports all of the major storage vendors including EMC, HP, NetApp, IBM, Dell 3PAR, Dell EqualLogic, and Hitachi Data Systems.

About Akorri
Akorri develops cross-domain analytical software solutions that optimize performance and utilization in the dynamic data center. BalancePoint virtual infrastructure management software provides automated, infrastructure-wide visibility and analysis to help enterprises fix problems, optimize utilization and improve performance for both virtual and physical servers and storage. IT organizations use BalancePoint to reduce IT infrastructure total cost of ownership and ultimately enable a service oriented infrastructure. Follow Akorri at http://twitter.com/Akorri. For more information, visit www.akorri.com.

Akorri Continues on Aggressive Growth Path in Third Quarter 2010

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