- Hostworks Australian alumni put Virtual Ark on trajectory to global success
- Innovative and impactful business recognised by Gartner as a “Cool Vendor”
- Virtual Ark taps into SaaS Cloud transition in $250Bn global enterprise application market
Sydney, 2 June 2011: Next generation cloud infrastructure specialist, Virtual Ark, is on a trajectory to grab a share of the US$250Bn market helping global enterprise software companies adapt to lower cost, more flexible, and more scalable cloud-based infrastructure.
The two year-old company was established by Hostworks founding CEO, Marty Gauvin, now President and CEO, with former sales and marketing director, Klaus Bartosch as Executive Vice President. Following the development and sale of Hostworks to Broadcast Australia for $68 million, the entrepreneurial Australian team have already turned Virtual Ark into an international success.
Of the global US$250Bn enterprise software market, only 10% has transitioned to SaaS (Software as a Service) delivery models - which have proven to offer cost optimisation and operational efficiency benefits. Forecasts show that SaaS growth rate in 2014 is nearly 4 times that of on-premise software, with 39% of customers considering switching to SaaS.
“With the the maturity of skills and services now available from Virtual Ark, the company is now building a global portfolio of world-class clients during an exciting industry transition” explains Marty Gauvin, CEO and President of Virtual Ark.
The international recognition by renowned research firm Gartner, lists Virtual Ark among other innovative, impactful and intriguing companies in enterprise infrastructure services. The “Cool Vendor” label was earned due to its global cloud delivery framework that eliminated headaches, and provided better performance and billing outcomes.
Virtual Ark, an international application managed services company, offers the most successful path for Independent Software Vendors to transition to a global cloud-delivery business model. Virtual Ark takes the headaches out of true SaaS enablement and management, allowing businesses to leverage the cost, scalability, speed, and flexibility of the cloud in a managed and secure environment.
Virtual Ark is a privately held company with offices in San Francisco, London, and Sydney. More information at http://www.virtualark.com.
NOTE: Virtual Ark was named a Gartner Cool Vendor for Infrastructure Services in 2011. Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose. Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact; Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.