Turbonomic Announces Continued Momentum with Strong Close to FY2020
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Business Wire
Record performance fueled by New Customers, Innovation, and Acquisitions BOSTON--(BUSINESS WIRE)--Turbonomic, the leader in Application Resource Management (ARM), today announced record revenues for fiscal year 2020. In addition, the company achieved double-digit growth in new customers (including eight of the top 10 U.S. money-center banks) validating the opportunity and demand for the company’s solutions. Turbonomic ARM now manages applications, on premises and in public cloud, for 26 percent of Fortune 500 companies. Helping customers remain productive with resilient applications and responsive networks, in unprecedented times like these, is more important than ever.During the year, Turbonomic acquired SevOne to add industry-leading network performance management and ParkMyCloud, a SaaS platform for automating cloud cost controls, to extend its ARM platform while building the Future of Performance. Turbonomic, progressing its architecture and delivery options, re-platformed to a
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