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SiliconRepublic covers Vordel's 85% revenue increase

John Kennedy from Silicon Republic covers Vordel's recent revenue figures:
In Q1 2010, Vordel added 10 enterprise customers in new markets including retail, human resources and online gaming, as well as generating business in the banking and government sectors.

Some recent new customer signings include the Department of Homeland Security, US Department of Justice, FAA, ASR Nederland, BNP Paribas Fortis Bank, 3, Barclays Bank and an OEM partnership with Bull Group.

The company's rapid growth demonstrates that Vordel has consolidated its position as the premier provider of high-performance, enterprise-level hardware and software products enabling enterprises to confidently deploy SOA and cloud-linked applications.

The company's flagship product, the Vordel Gateway, is widely recognised as the fastest and most powerful SOA appliance on the market today.

The company also offers the Vordel Cloud Service Broker product, enabling a migratory path for large enterprises seeking to leverage cloud computing in a secure and controlled manner. The company is running a pilot invitational program for Vordel Cloud Service Broker.

http://www.siliconrepublic.com/news/article/15840/cio/vordel-grows-revenues-85pc-on-cloud-security-promise
The figures are noteworthy because SOA and Cloud Computing does not benefit every vendor. In the words of Goldman Sachs in their Data Center Techtonics report "A paradigm shift for IT: The Cloud", Cloud Computing can be seen as a "deflationary technology", since it can reduce enterprise IT spend and consolidate large IT spending with a smaller group of large Cloud service providers. However, the shift to Cloud benefits those vendors (such as Vordel) who are drivers of the technology changes, with products such as the Cloud Service Broker which enables an enterprise to make use of Cloud Computing in a controlled and managed manner.

Here is a link to a previous Silicon Republic news article about Vordel, also written by John Kennedy: http://siliconrepublic.com/news/article/15669/cio/vordel-working-with-dell-amazon-to-secure-biz-cloud

Read the original blog entry...

More Stories By Mark O'Neill

Mark O'Neill is VP Innovation at Axway - API and Identity. Previously he was CTO and co-founder at Vordel, which was acquired by Axway. A regular speaker at industry conferences and a contributor to SOA World Magazine and Cloud Computing Journal, Mark holds a degree in mathematics and psychology from Trinity College Dublin and graduate qualifications in neural network programming from Oxford University.

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