Confio Software Finishes 2011 with Soaring Growth
BOULDER, Colo. - Feb. 7, 2012 - Today Confio™ Software, the makers of the award-winning Ignite database performance management software, announced that it achieved 71 percent revenue growth in 2011 and more-than-doubled its employee base. Confio's financial growth in 2011 continues a series of eight consecutive quarters of sizable revenue increases. The company anticipates continued revenue growth throughout 2012.
"Confio's record-breaking revenue performance in 2011 greatly benefits our customers because it provides us with more resources for new product development and customer service," said Matt Larson, Confio's CEO. "Our industry is undergoing a dynamic transformation driven largely by virtualization and the exploding volume of data under management - a shift we anticipated several years ago. As a result of this foresight Confio has led in delivering performance-monitoring solutions for enterprise customers, and our financial strength is a reflection of that leadership."
Revenue growth is attributed to several factors:
- A rapidly growing enterprise customer base both within the U.S. and internationally, including in critical emerging markets such as Brazil. Customer growth is also driven largely by the strong reputation and value of Confio's solutions within the tightly knit database administration community.
- Confio's unwavering commitment to highly specialized and responsive customer service, including in-depth technical support both live and online, strong engagement with user communities and accessible Confio representatives.
- The company's thoughtful and deliberate talent recruitment of industry-recognized DBAs, Microsoft MVPs, certified Oracle database professionals and other highly sought-after experts who help engage the greater DBA community while also freely imparting their expertise and knowledge to customers.
In 2012, Confio expects to continue its steady revenue growth, led by enhanced product offerings for Oracle, SQL Server, Sybase and DB2 markets, and expansion of the solution line to follow its successful 2011 VMware product introduction. "We've really just begun to the tap the potential of our market," continued Larson. "By focusing on our core solution that solves the precise pain-point virtually all DBAs experience, we have transformed the database industry and delivered unquestionable value to thousands of enterprise companies. There's no doubt that Ignite will continue to be top-of-mind for database professionals everywhere in 2012 and beyond."
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