NEW YORK–(BUSINESS WIRE)–DataSynapse, a world leader in dynamic application service management (DASM) software, announced the addition of a dozen new organizations to its client base in 2008, including leaders in the telecom (top 5 global carrier), government (national and regional), high technology manufacturing, education and retail (top 5 global retailer) sectors. The company’s installed base now numbers about 100 worldwide organizations running DataSynapse application management software across approximately 1,000,000 CPUs. .
“Despite the difficult economic environment, DataSynapse continues to attract new clients because of our production-proven capabilities to substantially slash IT costs, control infrastructure growth and accelerate time to deploy applications,†said Peter Lee, CEO and Co-Founder, DataSynapse. “Notwithstanding our 30% compound annual growth rate over the past three years, this year we’ve reduced our aggressive growth objectives and moved forward with a targeted reduction in workforce, ensuring we will operate profitably. Our customers can be assured of the same level of innovation and service in 2009.â€
Great news for DataSynapse. The more we are able to scale the infrastructure, the more we can manage user expectations, cope with ‘outage’s and provide a business aligned infrastructure. The concept that my infrastructure is online ready for business, and can be scaled to accommodate that important batch run for the equities guys, or be able to re-allocate workload in order to meet our service level agreements is invaluable and illustrates what can be achieved when we align the infrastructure and applications.
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??? What's the great news? This is a press release designed to stem fears about the health of their business.
So they grabbed a dozen new customers – and not necessarily major ones – over the course of the entire year of 2008? Not really a big deal.
What the news really is is: a) our sales have gone way done, and b) we've laid off a big chunk of our staff. Not such great news that I can see.