CloudOne Maintains Growth Momentum into the Fourth Quarter
Indianapolis, IN (PRWEB) November 17, 2015 -- CloudOne (http://www.oncloudone.com), a leader in delivering enterprise applications to the cloud and Internet of Things (IoT) services and solutions platform, closed the third fiscal quarter of 2015 with continued record-breaking growth in monthly recurring revenue resulting in a growing employee headcount.
The company attributes its continued growth to increased enterprise IT spending and its ability to provide dynamic, pay-as-you-go SaaS IoT platforms for easier, faster and more economical paths to the Internet of Things.
As a result of its growth, the company Where IoT is Made® has recently added a range of cloud and enterprise software industry veterans to its team, including: Jerry Gergel, application lifecycle management; Jason Horn, Atlassian systems engineer; Theresa Koch, talent acquisition and programs director; Kathi Lafser, engagement architects-strategic accounts; Steve Philips, managing director; and Sunil Reddy Ravula, big data architect.
Q3 2015 Business Highlights Include:
- Monthly Recurring Revenue 120% since the end of last year’s Q3
- CloudOne’s total headcount increased by more than 50% from 2014
- Accolades include: recognition from the State of Indiana and the Office of Small Business and Entrepreneurship (OSBE) as an Indiana Companies to Watch ‘Spotlight’ Award Winner; Ranked No. 4 on Indianapolis Business Journal’s 2015 annual ranking of the fastest-growing companies in the Indianapolis area; and John McDonald named to CRN’s list of “100 People You Don't Know But Should 2015”
“CloudOne continues to benefit from increased enterprise IT spending and our ability to ensure effective integration between our customers’ own data and software and weaving it into their own platform for IoT. In the second half of this year, with our newly formed recruiting department, we are aggressively hiring technical engineers, architects and sales personnel to service our growing customer base and to engage in new initiatives all to accelerate our future growth rates,” said John Annakin, executive vice president of sales and business development at CloudOne.
Furthermore, CloudOne growth in the fourth quarter is expected to be fueled by partnership offerings such as the new Aras Innovator® PLM as a Managed Service, a virtual private cloud with full managed services announced in early November. The new offering from CloudOne combines the secure infrastructure and comprehensive services required by global companies with the complete PLM functionality, customization and integration capabilities of Aras. Learn more about Aras on CloudOne at oncloudone.com/technologies/aras/.
About CloudOne
CloudOne helps the world’s best companies make their things for the Internet of Things. The company brings enterprise applications to the cloud, enabling global collaborative development, production and analysis of software and products in real time on individual, secure, private hybrid cloud environments. Trusted by leading brands, CloudOne’s scalable technology is supported by a team of experts and partners who share a passion for making it easier, faster and more economical to make things for the Internet of Things. For more information, visit http://www.oncloudone.com.
Jennifer Chan, Porch Light PR, http://www.oncloudone.com, +1 317.490.3770, [email protected]
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