VIRTENSYS

VirtenSys was formed in 2005 to address a key problem in the IT industry. The IT industry today is caught between a 'rock and a hard place'. On one side IT budgets are severely constrained with analysts predicting single figure percentage growth for the foreseeable future. IT providers are expected to deliver increased value both in terms of reduced asset cost and 'Total Cost of Ownership'. This TCO factor is becoming dominated by issues like floor space, power consumption, thermal management a... nd system maintenance costs. At the same time the workload on IT systems is increasing much faster than the budgets. More importantly however, the dynamics of the workload are also changing. Successful companies need to be more agile in responding to changing business conditions and need an IT infrastructure which can adapt equally fast. New business models are also emerging with analysts predicting that by 2010, 25% of all IT services will be supplied through utility computing models, requiring even more dynamic workload capabilities. To add to this challenge, the size of the industry, particularly with respect to the investment in software and systems, demands an evolutionary forward migration path. The industry does not tolerate 'fork lift' upgrades.

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VIRTENSYS

Social Links:

Facebook

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Industry:

Developer Platform Infrastructure IT Management

Founded:

2005-01-01

Address:

Cheadle, Stockport, United Kingdom

Country:

United Kingdom

Website Url:

http://www.virtensys.com

Total Employee:

10001+

Status:

Active

Contact:

+1 208-368-4000

Total Funding:

24 M USD

Technology used in webpage:

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Investors List

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Official Site Inspections

http://www.virtensys.com

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