NetQoS Has Strongest Quarter and Year to Date
Industry First Innovations, Revenue Growth, Successful EMEA Expansion
and Partner Integration Set the Standard for Network Performance
Management Industry
AUSTIN, Texas (Business Wire EON/PRWEB ) February 4, 2008 --
NetQoS® Inc. finished
2007 with the strongest quarter in the company’s
history, ending a year boosted by record sales of the NetQoS
Performance Center. NetQoS increased expansion into EMEA, cultivated
strategic industry partnerships, and developed technology innovations to
support customer needs for optimal application delivery across
increasingly complicated global networks.
“In 2007 NetQoS reinforced its position as the
only vendor that provides the comprehensive performance management
platform large organizations need to deliver critical applications
across the most complex networks,” said Joel
Trammell, CEO of NetQoS. “NetQoS continues to
stay ahead of the market by giving customers the expert capabilities,
workflow, and integration they need, from enterprise views of the
end-user experience down to deep-packet inspection as well as executive
views into the data. Our results are a testament to this.”
2007 results and milestones included:
Revenues and Customer Growth:
-
Grew revenues 39 percent year-over-year.
-
Doubled EMEA revenues year-over-year as a result of increased
investment in the region, including hiring additional sales and
professional services employees and adding nine new channel partners.
NetQoS now has strategic channel partnerships in nearly all of Europe
and a large portion of Asia.
-
Won a record number of customer deals and added 193 new customers,
including 40 Fortune 1000/Global 500 companies. NetQoS has more than
half of the Fortune 100 as customers and more than 800 customers
total. New NetQoS customers in 2007 include Dow Jones, Revlon, Del
Monte, Fox News, and Gander Mountain.
-
Boosted multiple product deals by 38 percent. More than half of
customers use two or more NetQoS products, highlighting the value of
the NetQoS Performance Center as a strategic resource for improving application
performance across the wide area network (WAN).
-
Expanded investment in the service provider and government fields.
Federal government sales grew by 157 percent, with significant
contributions from defense-related contracts.
-
Increased professional services revenue by 152 percent year-over-year,
continuing nine consecutive quarters of year-over-year revenue growth.
NetQoS fueled this growth in part through Department of Defense
engagements in theater.
Technology Innovation with New Products and Partner Integration:
-
Achieved an industry first with Cisco®
by jointly
developing a management interface for Cisco Wide Area Application
Services (WAAS) to provide response time monitoring in a
WAN-optimized environment. Integrated in all Cisco WAAS devices, the
software allows IT organizations to accurately validate the results of
WAN optimization deployments for the first time, using NetQoS
SuperAgent®.
-
Launched NetQoS
VoIP Monitor, broadening the capabilities of the NetQoS
Performance Center for network engineers and IP telephony management
personnel who are responsible for ensuring VoIP quality of service
while also maintaining optimal delivery of all other applications
across the WAN.
-
Completed the integration of NetQoS SuperAgent with the NetQoS
GigaStor™ appliance. The NetQoS
Connector for GigaStor enables SuperAgent to analyze large volumes of
packet data captured and stored by the GigaStor technology, enabling
network engineers to move seamlessly between the enterprise view of
network and application performance and deep-packet inspection for
easier and faster troubleshooting.
-
Partnered with EMC®
Corp. to deliver the industry’s first
integrated solution for passive infrastructure discovery and
end-to-end performance monitoring. The NetQoS
Connector for Smarts Application Discovery Manager gives network
engineers and network operation groups a single view into application
dependencies and performance for improved troubleshooting and risk
mitigation. In addition, NetQoS has strategic technology partnerships
with Microsoft, F5, Network Instruments and Nortel.
Company Developments and Accolades:
-
Hired 86 employees for a total of 225 worldwide. NetQoS recently
leased an additional 21,000 square feet of space in its Austin
headquarters to accommodate growth in software development, support,
and account management.
-
Augmented its senior management team to ensure continuing success in
the areas of customer care, corporate development, strategic
alliances, software development, and product design.
-
Identified as an industry leader in appliance-based end-user
experience monitoring by Forrester Research.
-
Earned high customer satisfaction ratings in an independent study:
More than 90 percent of customers characterized their investment in
NetQoS as “excellent”
or “good” and
answered it is “very likely”
they would recommend NetQoS to a friend or colleague.
-
Named to Software Magazine’s 2007 Software
500 list of the world’s fastest-growing
companies for the third consecutive year. NetQoS attained a higher
ranking and was the fastest-growing company in the
infrastructure/network/performance management category for the second
consecutive year.
-
Recognized on Deloitte’s 2007 Technology
Fast 500 list of the fastest-growing companies in North America,
marking the company’s fourth consecutive
appearance on the list.
-
Designated as one of the top 100 software companies in the U.S. based
on Inc. Magazine’s list of the
fastest-growing private companies, ranked by percentage revenue growth
from 2003-2006.
-
Established Network
Performance Daily.com as the top corporate blog in the network
performance management industry, with an average of more than 17,000
monthly viewers.
About the NetQoS Performance Center
The NetQoS Performance Center provides global visibility, via a single
Web-based management console, into the key metrics necessary to quantify
network performance across an organization: application response time
monitoring, network traffic analysis, device performance management,
long-term packet capture and analysis, and VoIP performance monitoring.
The NetQoS Performance Center integrates the metrics in customized views
to help organizations be more effective in capacity planning,
troubleshooting, and service level management. Using the NetQoS
Performance Center enables IT organizations to optimize the delivery of
critical application services to end users, mitigate the risks from
change, and make the most efficient use of resources. With role-specific
views for different groups in an IT organization, such as network
engineering, operations, and IP telephony management, the NetQoS
Performance Center enables staff at all levels to:
-
Measure end-user application response times
-
Provide consistent application service delivery
-
Track VoIP quality metrics to ensure VoIP quality of experience
-
Understand how infrastructure changes affect network and application
performance
-
Isolate performance problems to the application, server, or network
-
Identify the applications and users consuming bandwidth, and when
-
Avoid unnecessary WAN costs
-
Manage the convergence of voice, video and data
-
Identify virus or denial of service attacks
About NetQoS Inc.
NetQoS software and services help service providers, government
agencies, and large enterprises – including
half of the Fortune 100 – improve the
delivery of applications over wide area networks by enabling them to
monitor application service levels, troubleshoot problems quickly, and
plan for change. Representative NetQoS customers include Chevron,
Lockheed Martin, American Express, Hilton Hotels, Siemens, Boeing,
Deutsche Telekom, NASA, and Barclays Global Investors. Headquartered in
Austin, Texas, NetQoS has R&D centers in Austin and Raleigh, N.C., and
regional sales offices in London and Singapore. For more information,
visit www.netqos.com or
call 877-835-9575.
NetQoS is a registered trademark of NetQoS Inc. All other trade names,
trademarks, and registered trademarks are the property of their
respective owners.
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