Virtual Instruments Doubling Revenues in 2011

Virtual Instruments, in virtual infrastructure optimisation solutions, announced another record-breaking year with over 100% year-on-year sales growth in 2011, setting a pace for 2012 as the movement toward private clouds continues to grow.

The introduction of the VirtualWisdom 3.0 platform in August 2011 and a nearly 150% increase in new customers were key factors in the company’s strong continued performance.
 
Over the last 12 months, Virtual Instruments has experienced an increase in the number of Global 2000 enterprises deploying its core platform, VirtualWisdom. During the second half of 2011, the company’s new customer acquisition rate more than tripled, gaining significant new customers in financial services, insurance, manufacturing, healthcare, telecommunications, retail and government.

This adoption of the VirtualWisdom real-time infrastructure optimisation products and services is a testament to the need to ensure performance and availability as companies look to migrate to highly virtualised private clouds. Virtual Instruments solutions help customers improve IT infrastructure performance and availability, reduce operating and capital expenditures, and accelerate the transition of business-critical applications to a private cloud environment.
 
"2011 was another extremely successful year for our company, with growth in all aspects of the business," said John W. Thompson, CEO at Virtual Instruments. "We believe 2012 will be ‘the year of the private cloud’, and as our recent success has proven, Virtual Instruments will play a critical role in helping companies eliminate the risks associated with moving their mission-critical applications to a private cloud infrastructure."
 
The company has nearly doubled the number of full-time personnel to over 160 employees.