VirtaMove achieves Record Year in Revenue and Sales BookingsNigel Stokes
With key partnerships, a comprehensive road map, and exciting new technology offerings, VirtaMove is ready to scale high volume requirements and tackle future modernization challenges.
Ottawa, Feb 3, 2016 – VirtaMove, the leading provider of container software for Windows server and cloud migration, announced its best year in revenues and sales bookings. The private company reported a revenue increase of over 210 percent year-over-year, to multiple millions.
Using VirtaMove containers, over 100 partners and hundreds of customers in Banking, Finance, Pharma, Healthcare, Retail and many other industries have moved hundreds of unique applications and migrated thousands of servers. No company in the application migration market has moved more Windows workloads in a shorter time than VirtaMove. Each Windows Server 2003 VirtaMove migration saves customers thousands of dollars in extended support fees, more than $10,000 dollars in migration effort, and several person weeks of time.
Partnerships play a strong role in driving and growing VirtaMove’s business, and the pipelines of our partners have never been stronger. VirtaMove’s key partners include Microsoft, Amazon Web Services, HP, IBM, Infosys, Dell , Unisys, and many others. VirtaMove’s unique, flexible, paid migration approach is proving that VirtaMove technology can scale to high volume requirements. In the last year, VirtaMove trained hundreds of partner and customer tech teams on the use of our software to ensure that our partners are prepared to assist with the massive modernization projects that customers are undertaking. In addition, exciting new VirtaMove offerings and a comprehensive product road map mean that VirtaMove is poised to assist our customers with challenges in the future modernization and migration landscape.
The rapid adoption of cloud computing, combined with the urgent need for Windows modernization and VirtaMove’s strategic readiness, promise continued strong growth for the company in 2016 and beyond.
VirtaMove’s products and services provide a fast, flexible way to move server applications to a cloud or datacenter, without code change. Encapsulating Windows applications in VM/OS-free containers, VirtaMove’s patented software moves most Windows server applications with ease. VirtaMove allows you to move applications from an old operating system to a newer one, and to modernize and move to the cloud efficiently.
VirtaMove is the proud recipient of a myriad of awards including Application Modernization Finalist in ICT Business Services, Brightlight’s Hottest Startups, CIO.com’s 10 Hot Cloud Startups to Watch, Cloud Startups- Top 50 Award and 25 Cloud Startups to Watch.