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Turbonomic Named to Forbes Cloud 100 List for Third Consecutive Year

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Workload Automation for Hybrid Cloud Provider Recognized for
Valuation, Market Leadership, People and Culture, and Operating Metrics

Turbonomic,
the leader in workload automation for hybrid cloud, today announced that
it has been named to the Forbes
2018 Cloud 100
list of the top 100 private cloud companies in the
world, for a third consecutive year. Published by Forbes
in collaboration with Bessemer
Venture Partners
and Salesforce
Ventures
, this is the latest industry recognition of Turbonomic's
rapid growth and market leadership, including recently ranking on the Inc.
5000
list of the fastest-growing private companies for a third time
and top placement in The
Forrester Wave™: Cloud Cost Monitoring and Optimization, Q2 2018
.

"With the rise of digital transformation, workloads are now distributed
across multiple clouds. Turbonomic delivers a modern workload automation
platform that manages today's workload diversity, using a single data
model and AI-driven analytics engine to continuously deliver
performance, policy compliance and cost effectiveness. The world's most
customer-centric, strategic vendors including AWS, Microsoft Azure,
Cisco, DXC, Accenture and Verizon, are partnering with Turbonomic to
accelerate these benefits to customers," said Benjamin Nye, CEO of
Turbonomic. "We're proud to be named by Forbes, yet again, as one of the
top private cloud companies in the world."

Turbonomic's repeat appearance on the Forbes Cloud 100 list reinforces
its unique position in the cloud technology marketplace. By 2020, more
than half of all workloads will be in the public cloud, up from 20
percent today. Only Turbonomic delivers a single software platform
spanning multiple environments, including AWS, Microsoft Azure and
VMware, as well as container platforms, to simultaneously assure
performance, enforce business policies and minimize costs.

"For the past three years, the Cloud 100 list has identified the top
cloud companies that are reshaping their respective industries," said
Alex Konrad, Forbes editor of The Cloud 100. "I am consistently
impressed by the caliber of companies honored on the Cloud 100 list. It
is an exciting time to be a cloud company and founder."

Ranking #51 on the 2018 Forbes Cloud 100 marks the company's third
consecutive appearance on the list, which is preceded by the company
reporting annual bookings last year of $100 million and achieving 53%
revenue growth year-over-year in the first quarter of its Fiscal Year
2019. This recognition also adds to Turbonomic's recent momentum,
accolades and awards, including:

  • Recently attaining AWS
    Cloud Migration Competency
    , differentiating Turbonomic as a
    solution that provides customers with discovery, planning, and ongoing
    optimization of their AWS instances.
  • Earning Microsoft
    Co-Sell Ready Status
    , assuring organizations that Turbonomic will
    help them safely accelerate their Microsoft Azure
    migration
     and, once in the cloud, optimize their experience.
  • JMP Securities named Turbonomic a "Hot 100" privately-held software
    company in 2018.
  • CRN named Turbonomic a Tech
    Innovator
    , a Cool Vendor in Cloud Computing, and gave the company
    a 5-Star rating for its Partner Program in 2018.
  • Inc. magazine named Turbonomic to its 2018
    Best Workplaces
    list.

Additional Resources

About Turbonomic

Turbonomic workload automation for hybrid cloud continuously assures
that all workloads get precisely the resources needed, never more or
less, to ensure performance and eliminate overspending while maintaining
policy compliance. Founded in 2009, Boston-based Turbonomic is one of
the fastest-growing technology companies, trusted by thousands of
enterprise organizations to activate their hybrid cloud journey. To
learn more about Turbonomic, visit turbonomic.com.

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