| Type | Subsidiary |
|---|---|
| Industry | Virtualization information technology |
| Founded | 2008 |
| Headquarters | Boston, Massachusetts , United States |
| Products | Virtualization management software |
| Parent | IBM (2021–present) |
| Subsidiaries | |
| Website | www |
Turbonomic is a resource-simulation software company headquartered in Boston, MA and owned by IBM. The company was originally named VMTurbo.
In 2011, Gartner named Turbonomic as a Cool Vendor in Cloud Management. [1] In 2016, Turbonomic was listed as the top product for Virtualization Management in a report by IDG and IT Central Station. [2] Turbonomic has made five appearances to the Inc. 5000, [3] and made the Forbes Cloud 100 four times. [4] In 2020, Fast Company named Turbonomic to their Best Workplaces for Innovators List. [5] The company was also deemed a Vendor to Watch in AIOps by Enterprise Management Associates (EMA) for its combination of abstraction, analytics, and automation engine that continually assures performance of a customer’s applications. [6]
The company formed partnerships with Cisco [7] and IBM, [8] entering into OEM agreements to bring Application Resource Management to a larger customer base.
Since its founding in 2008 [9] or 2009, [10] Turbonomic had raised more than $250M from venture capital firms including Bain Capital Ventures and Highland Capital Partners. [11]
The company's product was updated in 2017 for use with cloud computing platforms. [12]
The company was originally named VMTurbo and changed its name to Turbonomic in August 2017. [13]
Turbonomic acquired ParkMyCloud and SevOne in 2019.[ citation needed ]
IBM acquired Turbonomic on June 17, 2021. [14] [15] [16] [17] The company's product simulates supply and demand forces in order to efficiently allocate resources such as computing, database, memory and storage. [18]
Red Hat, Inc. is an American software company that provides open source software products to enterprises and is a subsidiary of IBM. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide.
Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. Citrix products were claimed to be in use by over 400,000 clients worldwide, including 99% of the Fortune 100, and 98% of the Fortune 500.
Software AG is a German multinational software corporation that develops enterprise software for business process management, integration, and big data analytics. Founded in 1969, the company is headquartered in Darmstadt, Germany, and has offices worldwide.
Quantum Corporation is a data storage, management, and protection company that provides technology to store, manage, archive, and protect video and unstructured data throughout the data lifecycle. Their products are used by enterprises, media and entertainment companies, government agencies, big data companies, and life science organizations. Quantum is headquartered in San Jose, California and has offices around the world, supporting customers globally in addition to working with a network of distributors, VARs, DMRs, OEMs and other suppliers.
OpenText Corporation is a Canadian company that develops and sells enterprise information management (EIM) software.
John Wendell Thompson is an American technology executive who was the chair of Microsoft from 2014 until June 2021, and chair of Illumina from 2021 until 2023. He is a former chief executive of Virtual Instruments, a vice-president at IBM and the former chief executive of Symantec. Thompson later became an independent director on the board of Microsoft, and in February 2014, was named chairman. He led the search for Microsoft's next CEO; as a result, Satya Nadella was selected.
Fortinet is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls, endpoint security and intrusion detection systems. Fortinet has offices located all over the world.
Tivoli Software encompasses a set of products originally developed by Tivoli Systems Inc. IBM bought the company and ran the operation as its Tivoli Software division. Additional products were acquired and run under the Tivoli portfolio brand. IBM began phasing out use of the Tivoli brand in 2013 and by 2016 had moved the portfolio products into a revised and rebranded hierarchy.
Highland Capital Partners is a global venture capital firm with offices in Boston, Silicon Valley, and San Francisco. Highland has raised over $4 billion in committed capital and invested in more than 280 companies, with 47 IPOs and 134 acquisitions.
Acumatica provides cloud and browser based enterprise resource planning software for small and medium-sized businesses. The company is headquartered in Kirkland, Washington, in the Seattle metropolitan area.
CloudShare is a cloud computing provider founded in 2007 in Israel. It is now headquartered in San Francisco, California.
CTERA Networks is a privately held enterprise software company headquartered in New York and Israel. The company has regional offices in the UK, Italy, France, Spain, Germany, and Australia. As of 2021, the company is designated as the leading vendor in distributed cloud file storage by GigaOm.
Zadara is a cloud computing company founded in 2011, with headquarters in Irvine, California. The company develops computer software that it markets as storage-as-a-service, which can be used for cloud or on-premises servers, a model sometimes called private cloud.
Nexenta by DDN, Inc., is a subsidiary of DataDirect Networks that markets computer software for data storage and backup, headquartered in San Jose, California. Nexenta develops the products NexentaStor, NexentaCloud, NexentaFusion, and NexentaEdge. It was founded as Nexenta Systems, Inc., in 2005.
Dynatrace, Inc. is a global technology company listed on the NYSE that provides a software intelligence platform based on artificial intelligence (AI) and automation. Dynatrace technologies are used to monitor and optimize application performance, software development and security practices, IT infrastructure, and user experience for businesses and government agencies throughout the world.
Array Networks is an American networking hardware company. It sells network traffic encryption tools.
Gigamon is a privately held company with products that deliver network-derived intelligence and insights to cloud, security, observability, and network management tools. It is the leader in the deep observability market. Formerly traded publicly, it is now owned by Elliott Management and headquartered in Santa Clara, California.
CloudHealth Technologies, now CloudHealth by VMware, is a privately held software company based in Boston, Massachusetts. The company provides cloud computing services related to cost management, governance, automation, security, and performance.
IBM Cloud is a set of cloud computing services for business offered by the information technology company IBM.