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The Leading Source for Global News and Information from the evolving Grid ecosystem,
including Grid, SOA, Virtualization, Storage, Networking and Service-Oriented IT |
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May 2, 2008
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TORONTO, May 1 -- Platform Computing, the global leader
in high-performance computing (HPC) management software, has achieved
record revenue for its fiscal year ending March 2008. The self-funded
software company builds on 15 years of continuous profitable growth, a
record unheard of in the technology sector. In addition, Platform has
been ranked ninth in "Canada's Top 25 Software Companies" by the Branham
300, the first time the company has broken into the top 10. The Branham
300 is considered the benchmark by which Canadian information
technology companies measure their success.
Platform Computing, with over 2,000 customers globally, delivers HPC
management software that accelerates compute and data intensive
applications, and manages cluster and grid systems. These solutions
enable organizations to improve time-to-results and reduce computing
costs. The company's strategy is to offer the entire suite of HPC
management software for industries such as electronics, industrial manufacturing, financial services, life sciences, oil & gas, and government and education. In 2007 Platform acquired the Scali Manage
line of business from Massachusetts-based Scali Inc. to further enhance
Platform's cluster management capabilities. Platform continues to
expand in new markets and saw the strongest growth in Financial
Services where revenues doubled year over year.
"In a very competitive market, Platform Computing has completed yet
another year of strong and profitable growth which validates the
company's strategy to lead and expand the HPC space," said Songnian
Zhou, CEO of Platform Computing. "As HPC management software becomes
increasingly critical, the value Platform delivers to its customers is
in making it easier to deploy and accelerate applications, manage
compute systems and thereby reduce costs. Partnerships with industry
leaders such as Dell, HP, IBM, Intel, Microsoft, Red Hat and SAS enable
customers to easily adopt and deploy HPC solutions by leveraging this
indirect channel. These partners continue to provide customers with the
most efficient and easy to implement solutions."
"The high-performance computing market continues to see strong
growth with 2007 growing by a full 15 percent to reach $11.5 billion in
server sales," said Earl C. Joseph, vice president of High
Performance Systems for IDC, "A crucial part of HPC clusters is the ability to
manage the cluster, including job and system management, which are
consistently identified by end-users as the top requirements for their
clusters. Platform Computing's performance in 2007 is a testament to
the company's position as a leader and trend setter in the high-performance computing space."
About Platform Computing
Platform Computing is a pioneer and the global leader in high-performance computing (HPC) management software. The company delivers integrated software solutions that enable organizations to improve time-to-results and reduce computing costs. Many of the world's largest companies rely on Platform to accelerate compute and data intensive applications and manage cluster and grid systems. Platform has over 2,000 global customers and strategic relationships with Dell, HP, IBM, Intel, Microsoft, Red Hat and SAS, along with the industry's broadest support for HPC applications. Building on 15 years of market leadership, Platform continues to define the HPC market. Visit www.platform.com/.
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Source: Platform Computing