Welcome!

SOA & WOA Authors: Sandi Mappic, Liz McMillan, Pat Romanski, Roger Strukhoff, Aria Blog

News Feed Item

Zyrion Reports Strong Earnings and New Customer Growth in 2012

2012 Has Been an Exceptional Year for Zyrion, New Customer Growth and Strong Industry Recognition

SUNNYVALE, CA -- (Marketwire) -- 01/08/13 -- Zyrion Inc., a leading provider of Cloud and IT Monitoring software solutions, reported today that 2012 proved to be an exceptional year of growth and success for the company. The company has had a highly profitable stream of new and recurring revenue from Managed Service providers (MSPs) and subscription customers, and is poised for very strong growth in 2013.

"As 2012 closes, Zyrion recorded consistent growth in the numbers of new customers we serve, as well as the significant expansions of solution implementations among our existing customers," said Vikas Aggarwal, CEO of Zyrion. "All areas of our business experienced strong growth, however, our diligent focus on the Managed Service Provider industry yielded a 200% growth in this service provider segment."

In addition to the MSP segment, another area of substantial growth was the number of Fortune 500 companies looking for private cloud monitoring solutions that could scale to their current needs and beyond. Zyrion noted a strong growth in this segment as well.

The Automation & Analytics product strategy launched in 2011 yielded a strong market response in 2012. The ability to automate a large part of the deployment and operations using Traverse v5.5 and the analytical module to reduce false alarms by tracking behavior patterns received high validation from existing and new customers looking for ways to reduce their operational costs. Zyrion also announced the multi-tenant Netflow module for MSPs which reduces the mean time to resolution for service outages.

In 2012, leading industry analyst firm Enterprise Management Associates (EMA) named Zyrion an industry leader in multiple reports including their Enterprise NMS and their Application Management reports. Zyrion was recognized specifically for its strong business impact analysis as well as the highly scalable peer-to-peer architecture.

"Our evaluation is based on several key criteria that are critical to the needs of enterprises, including deployment and administration, cost advantage, architecture and integration as well as functionality and vendor strength," said Dennis Drogseth, Vice President, EMA. "We do a thorough evaluation of numerous network management software vendors and their offerings, and Zyrion stands out with their strong focus on IT Service monitoring."

About Zyrion Inc.
Zyrion is the leading provider of integrated Cloud and IT infrastructure monitoring software using ITIL Business Service Management (BSM) technology for providing correlated, service-oriented views of the entire cloud, application and network. Zyrion offers the most scalable monitoring solution in the industry for distributed and complex datacenter environments. Zyrion's Cloud and Network monitoring solution is used by large enterprises and Service Providers (MSPs) worldwide.

Zyrion has its corporate offices in Sunnyvale, California and Government Solutions Center in Washington, DC. For more information, visit www.zyrion.com or call +1-877-7-ZYRION.

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.