BlueStripe Software Records Explosive Growth in 2011

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BlueStripe Ends Profitable 2011 with 7x Revenue Growth

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It is an exciting time at BlueStripe, closing out a profitable year, doubling our customer base, achieving recognition from key analysts, and making new hires across the company,

BlueStripe Software, a leader in application transaction management solutions, put the finishing touches on a profitable year, achieving revenues in 2011 that were 700% of the 2010 numbers. BlueStripe more than doubled its customer base, including new customers Bank of America, Russell Investments, Principal Financial, Cigna, Bechtel, and Jackson-Hewitt.

A key factor to BlueStripe’s 2011 success is FactFinder, the company’s flagship transaction monitoring solution. During the year, BlueStripe made several major announcements centered around powerful capabilities in transaction performance and availability management. The October release included a revolutionary way to visualize transactions as they cross the infrastructure called the Cross Machine Transaction Viewer. Other new transaction specific capabilities were announced in 2011 including transaction-specific service level dashboards and a problem-solving workbench that isolates specific transactions and the systems they rely on.

A third announcement served to strengthen BlueStripe’s partnership with Microsoft, especially around Microsoft’s System Center Operations Manager product. BlueStripe announced the first and only transaction monitoring solution to load live (and dynamic) application maps directly into the SCOM console, integrating with both SCOM infrastructure data and BlueStripe application and transaction information.

BlueStripe’s customers weren’t the only ones who found the company’s new transaction monitoring functionality compelling. Gartner analysts also took note, naming BlueStripe an APM Innovator in December.

BlueStripe expanded more than its customer base. The company increased its worldwide footprint as well, signing new sales and delivery partners in Europe, South America, and Asia Pacific. Several of these partners were instrumental in adding key Global 2000 accounts to BlueStripe’s customer list.
BlueStripe FactFinder monitors transactions in real-time across tiers, platforms and architectures – even into virtual machines, private cloud and third party service applications. IT Support teams use FactFinder’s transaction views and service level dashboards to proactively deal with application transaction availability problems instead of always having to react to surprise changes and unknown effects.

BlueStripe is leveraging its financial success to attain loftier goals and continue to expand its geographical footprint, product offerings, and sales delivery capabilities. In fact, the company has announced an expansion of hiring with new job openings, a rarity in the current economic state.
“It is an exciting time at BlueStripe, closing out a profitable year, doubling our customer base, achieving recognition from key analysts, and making new hires across the company,” said Chris Neal, BlueStripe CEO. “We are honored to see FactFinder become the essential tool in our customers’ arsenals to maintain a high level of efficiency and availability of applications and transactions across their IT infrastructure.”

About BlueStripe Software
BlueStripe Software provides the next generation of transaction performance management solutions. BlueStripe’s flagship product, FactFinder, is the only solution with automated application management and transaction monitoring in a single product so that IT Operations & Support teams can monitor and manage complete application system and transaction performance, 24x7 - across any platform: physical, virtual, or cloud. Headquartered in North Carolina’s prestigious Research Triangle Park (RTP), BlueStripe was founded by successful IT Software startup veterans. For additional information, please visit http://bluestripe.com.

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Piper Conrad
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