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ActiveState Announces 40% Revenue Growth, Increased R&D Investment, Expansion to New Private PaaS Customer Verticals
Stackato Enterprises Cite Path to Hybrid as Key Purchase Criterion
By: Marketwired .
Feb. 7, 2013 09:00 AM
VANCOUVER, BC -- (Marketwire) -- 02/07/13 -- ActiveState®, whose software enables developers and enterprises to innovate from code to cloud, today announced that its 2012 revenue increased 40% year over year, due to growing customer success with Stackato®, the market-leading enterprise private Platform-as-a-Service (PaaS) technology. In the past year, ActiveState has increased its investment in marketing, sales, and research and development, while adding headcount; its full-time employee ranks grew by 33%. The Vancouver, BC-based software company has also expanded its footprint, recently opening a satellite office in Santa Clara, California. All this comes on the heels of the new Stackato Partner Program, announced last month.
"Last year was our biggest yet," said ActiveState CEO Bart Copeland. "Stackato adoption -- whether within the enterprise, via OEM partners, or through ISVs or VARs -- will continue to drive ActiveState's success."
Copeland recognizes a common thread in Stackato implementations: Enterprise customers see Stackato as a path to hybrid cloud. GigaOM Research Director Jo Maitland also acknowledges the trend. "Hybrid cloud is the consumption model enterprises have chosen to adopt cloud," said Maitland. "PaaS is one way to get there for enterprises with a strong dev organization."
"Virtualization and Infrastructure-as-Service (IaaS) technologies introduced resource scalability to the enterprise," continued ActiveState's Copeland. "Spinning up 10,000 VMs is a great thing, but not if you have to manage them. DevOps bandwidth isn't elastic! Innovative enterprises are solving that challenge with Stackato's easy-to-use administrative tools... tools that deliver on the promise of the cloud and just work. With its scalable management capabilities, Stackato makes cloud computing real."
Stackato continues to command the private PaaS market. Enterprises in industries like mobile telecom and Internet software development are innovating with Stackato:
Stackato is the enterprise private PaaS that makes it easy to deploy, manage, and monitor applications on any cloud. For more information, visit http://www.activestate.com/stackato.
About ActiveState (http://www.activestate.com)
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