Confio Software Exceeds First Quarter Sales Projections for Record Growth
BOULDER, Colo. - May 8, 2012 - Today Confio™ Software, the makers of the award-winning Ignite database performance analysis software, announced the company achieved record growth during the first quarter of 2012. This is the strongest first quarter in the company's history and marks the ninth consecutive quarter of double-digit revenue increases.
The company attributes its positive trending in Q1 to the increased deployment of databases in virtualized environments. Since unveiling its Ignite for VMware software solution in 2011, Confio has helped numerous enterprise organizations realize the benefits of operating their databases in a virtual environment and achieve successful physical to virtual transitions. Because Confio was a market leader in deploying performance management solutions for this industry trend, it has successfully capitalized on its product.
Ongoing enhancements to Confio's flagship product, Ignite, also continue to fuel the company's growth and help its DBA customers stay ahead of database performance issues. In May Confio released Ignite 8.2 which extends the company's mission to deliver tools that identify, pinpoint and resolve the pain points experienced by SQL Server, Oracle, VMware, DB2 and Sybase database administrators (DBAs).
"In order to continue the growth trajectory of the last two years we've had to focus on our customers' needs and keep atop of market dynamics," said Matt Larson, founder and chief executive officer for Confio."
Confio expects to continue its steady and healthy growth pace throughout 2012 as the company releases enhanced product offerings for Oracle, SQL Server, Sybase and DB2 markets, and expansion of it VMware solution line. The company also plans to continue expanding its team in 2012, and as a result, the company doubled the size of its headquarters in Boulder, Colo.
"Heavy sales in the fourth quarter combined with a tendency to discount prices in order to meet end-of-year revenue projections typically makes it difficult for any company to meet - let alone exceed - their Q1 revenue targets," continued Larson. "Our impressive growth is a result of the hard-work and experienced talent we have at Confio."
Ignite for DB2, SQL Server, Oracle, VMware and Sybase is the one monitoring solution that identifies, analyzes and resolves all of the performance problems affecting applications and users. Unlike other software, Ignite doesn't just show health metrics, it applies wait-time analysis to correlate the most important performance data to build a complete picture of the database performance for the DBA, Developer and DBA manager.
For more information about Confio's solutions for DBAs, please visit www.confio.com.
About Confio Software
Confio Software develops database performance solution for DBAs, IT managers, and database developers, for both physical and virtual server environments. Confio's flagship product, Ignite8, helps eliminate bottlenecks, speed problem resolution, and reduce the cost of operations for SQL Server, Oracle, DB2 and Sybase databases and VMware servers. Since the company's founding in 2002, Confio products are developed and supported from the Boulder, CO headquarters. For more information visit www.confio.com.
Four Corners Communications for Confio