VMTurbo Announces Inaugural Technology Steering Council Meeting

Joined by executives from Hewlett-Packard, Barclays and Red Hat, VMTurbo leads IT industry thought leadership forum

(Boston, MA) January 27, 2015 – VMTurbo, the only demand-driven control platform for the software-defined universe, today announced the formation of its Technology Steering Council (TSC), a forum for industry thought leaders to discuss IT data center management challenges and growth trends. Top executives from Hewlett-Packard, including Committee Chairman Bill Veghte, Barclays and Red Hat will join VMTurbo CEO, Ben Nye, and Founder and President, Shmuel Kliger, for the group’s inaugural meeting.

“Great companies are always listening to their customers, partners and more broadly the market,” said Technology Steering Council Chairman and Executive Vice President of HP Enterprise Group, Bill Veghte. “VMTurbo has great technology in a critical segment of the market and I look forward to working with the other members of the TSC to be a sounding board and partnering resource to help them be successful.”

TSC members will initially set out the group’s major goals as well as discuss topics and challenges facing the industry, including the increasing popularity of containers, the replacement of hard drives by flash-based SSD arrays, the future of application control, network virtualization and more.

“The challenges addressed during these meetings are of great importance to the financial sector,” said Ian Penny, Managing Director and Head of Distributed Technology at Barclays. “We bring a strategic perspective to these talks as a large consumer of information technology and look forward to collaborating with VMTurbo, HP and Red Hat to tackle the most pressing issues of the day.”

“Through active collaboration and cooperation among different members of the IT community we can create better technology solutions for our customers,” said Joe Fitzgerald, Vice President and General Manager of Cloud Management at Red Hat. “We look forward to engaging with industry leaders VMTurbo, HP and Barclays in important conversations about data center innovation and the future of IT.”

Over time, TSC members will engage in private forums with the goal of embracing and learning from challenges arising from the fast pace of IT change as well as recognizing and responding to new trends as quickly as possible.

“We’re excited to have strong industry leaders like Barclays, HP and Red Hat help guide the direction of our real-time application demand control technology,” said VMTurbo CEO Ben Nye. “VMTurbo’s mission is to ensure customers’ data center operations are safe to adopt new technologies while their core operates with complete resiliency and efficiency.”

“For the past four decades, data center management has been too reactive and labor intensive,” said VMTurbo Founder and President Shmuel Kliger. “Real-time demand-driven control allows our customers to maintain their data centers perpetually in a healthy state.”

For the third consecutive year, VMTurbo was named to Forbes’ Most Promising Companies in America for 2015, a list ranking 100 privately held companies experiencing high growth and bright futures. This award follows the announcement of the company closing $50 million in Series D funding, led by leading Silicon Valley Venture Capital firm ICONIQ Capital.

About VMTurbo

VMTurbo’s Demand-Driven Control platform enables customers to manage cloud and enterprise virtualization environments to assure application performance while maximizing resource utilization. VMTurbo’s patented decision-engine technology dynamically analyzes demand from applications, containers, network and VDI and adjusts configuration, resource allocation and workload placement to meet service levels and business goals. With this unique understanding into the dynamic interaction of demand and supply, VMTurbo is the only technology capable of closing the loop in IT operation by automating the decision-making process to maintain an environment in a healthy state.

The VMTurbo platform first launched in August 2010 and now has more than 25,000 users, including many of the world’s leading money center banks, financial institutions, social and e-commerce sites, carriers and service providers. Using VMTurbo, our customers, including JP Morgan Chase, Salesforce.com and Thomson Reuters, ensure that applications get the resources they need to operate reliably, while utilizing their most valuable infrastructure and human resources most efficiently.

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