BOSTON--()--Vordel, a provider of fast, safe, connectivity for SOA and Cloud services, today announced record net revenue results for the 4th quarter and year ending Dec 31 2011. For Q4 revenue growth stood at 120% on the same period as last year and the company enjoyed its third straight year of profitability. For the full year Vordel achieved a net 90% year-over-year growth and added over 50 new customers to bring its global customer base to over 200 enterprise clients in 40 countries. Additionally, Vordel’s strategic alliance with Oracle resulted in significant new opportunities and increased revenues.
“Enterprises select Vordel to connect their applications, users, and devices across Cloud, mobile and on-premise. Our Cloud Service Broker, API Management and Gateway products drove significant customer wins in multiple sectors including Automotive, Health Insurance, Government, National Security, Pharmaceutical, Financial Services and Telecoms”
“2011 was another stellar year for Vordel, with a record number of new customers joining the Vordel community around the globe. Our continued top and bottom line growth proves the value Vordel delivers to enterprises,” said Vic Morris, CEO, Vordel.
“Enterprises select Vordel to connect their applications, users, and devices across Cloud, mobile and on-premise. Our Cloud Service Broker, API Management and Gateway products drove significant customer wins in multiple sectors including Automotive, Health Insurance, Government, National Security, Pharmaceutical, Financial Services and Telecoms,” added Morris.
In 2011, Vordel’s partner alliances also boosted revenues. In summer 2011, Vordel announced a strategic alliance with Oracle. With over 250 Oracle Fusion Middleware sales teams across the globe, Vordel is benefiting directly from the new revenue channels this relationship has opened. Vordel also announced its enablement of SSO across hybrid clouds with VMware with more exciting partner announcements pending in 2012.
In addition to growing revenues, the company has also expanded its management team with the addition of several senior executives from Salesforce.com, BEA Systems, Oracle, and Thor Technologies.
Key Highlights of Full Year 2011:
- Year over year growth of 90%
- Third straight year of profits
- 50 new customers added with a presence in over 40 countries
- Vordel Gateway 6.2 Integrates SOA and Cloud Governance
- Expanded management team with the addition of veteran sales and marketing executives
- Strategic alliance with Oracle; Vordel and Oracle Raise the Bar for SOA Deployments
- Vordel Ranked as a Leader in SOA Application Gateways by Independent Research Firm, Forrester
- Strategic Partnership with Perficient to Enable Enterprises to Connect SOA to Cloud & Mobile Applications
- Partnership with Cigital to Secure the Connection from Mobile Apps into the Enterprise
- Strategic Partnership with SENA Enabling Enterprises to Securely Extend Internal Applications to the Cloud
- Vordel launches Siebel Gateway to Cloud and Mobile enable Siebel CRM Applications
- Vordel Enables Single Sign on across Hybrid Clouds Managed by VMware vCloud® Director 1.5
About Vordel
Vordel links all enterprise applications, users, and devices across Cloud, mobile, and on-premise environments. Vordel Application Gateway provides integration, security, governance, and acceleration for enterprise applications and APIs. Fortune 5000 enterprises and government agencies use Vordel to extend their enterprise applications and SOA infrastructure beyond the perimeter to enable Cloud based services and mobile computing. Vordel makes it possible to deliver and consume "Applications Anywhere" with IT's existing applications and infrastructure, without costly upgrades and rewrites. To learn more and obtain a free evaluation of Vordel's products follow us on twitter and our blogs.
Twitter - http://twitter.com/vordel
Blog - http://www.vordel.com/news/blogs.html
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