WASHINGTON -- (BUSINESS WIRE) -- Virtustream, the enterprise-class cloud software and services provider, today announced it has been included by Gartner, Inc. in the “Magic Quadrant for Cloud Infrastructure as a Service (IaaS)” for the third consecutive year. The report evaluates cloud IaaS providers, listing the top 15 leading vendors worldwide.
According to Gartner, the IaaS market is the fastest growing area of public cloud computing that the firm tracks, with a projected compound annual growth rate of 41.3 percent through 2016. To rank in the highly competitive Magic Quadrant for Cloud IaaS report, vendors must offer high-quality service, with excellent availability, performance, security and customer support.
“Our success at winning large-scale enterprise deals and continued commitment to meeting security, performance and compliance needs positioned us well for this year’s Gartner Magic Quadrant for Cloud IaaS,” said Rodney Rogers, Chairman and CEO, Virtustream. “We are honored to be included among such a prestigious group of cloud providers for the third year in a row and look forward to continuing the trend for years to come.”
This announcement is also reflective of the continued growth and expansion of the company in the enterprise-class cloud market. Earlier this year, Virtustream announced the acquisition of privately held ViewTrust Technology, Inc. (ViewTrust), an advanced security and compliance technology firm. The acquisition allowed Virtustream to further enhance its industry-leading security and compliance capabilities and expand offerings for commercial and government customers.
For enterprises seeking to move legacy mission-critical and web-scale production applications to the cloud, Virtustream is the enterprise-class cloud service that is both highly scalable and performance assured across the broadest range of application needs and service-level agreements. With advanced features such as µVM (micro-VM) resource optimization technology for enabling application-level SLAs and consumption-based billing, enterprise customers worldwide rely on Virtustream’s cloud services to reduce overall costs, turn capital expenditures into operational expenditures, and increase efficiency to free up resources across people, capacity and budgets.
Download a copy of the 2014 Magic Quadrant for Cloud Infrastructure as a Service: www.virtustream.com/2014GartnerMQ
Virtustream is the enterprise-class cloud software and service provider trusted by enterprises worldwide to migrate and run their mission-critical applications in the cloud. For enterprises, service providers and government agencies, only Virtustream's xStream™ cloud management platform (CMP) software and Infrastructure-as-a-Service (IaaS) meet the security, compliance, performance, efficiency and consumption-based billing requirements of complex production applications in the cloud - whether private, public or hybrid. The company is headquartered in Washington D.C. with offices in San Francisco, Atlanta, London, Geneva, Dubai and software development centers in Kaunas, Lithuania and Pune, India. Virtustream owns and operates data centers in the U.S. and Europe with service provider partner data centers in Latin America, the Middle East and Asia.