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Egenera Announces Record Quarterly Revenue for Xterity Cloud Services Business

Submitted by on October 31, 2017 – 1:04 amNo Comment

21 consecutive months of growth for wholesale managed cloud designed for the channel

BOXBOROUGH, Mass.–(BUSINESS WIRE)–Egenera, a leading provider of wholesale cloud services to the channel today announced that revenue for the company’s Xterity Cloud Services business grew 58% in Q3 2017 compared to Q3 2016, capping off 21 consecutive months of revenue growth.

@Egenera reports 21 consecutive months of growth in Q3, on track to record 75% growth in ARR over 2016

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“Our revenue during Q3 2017 is hard evidence of the success we’re having with mid-market MSPs, ISVs, VARs and other technology service providers, and we’re on track to report a 75% growth rate this fiscal year in ARR over 2016,” said Pete Manca, president and CEO of Egenera. “Since launching our cloud, we’ve expanded our global footprint to eight datacenters across the US, EMEA and Japan, and have over 200 partners successfully using Xterity to deliver reliable cloud services to their end user customers.”

Xterity partners commented:

“We view cloud as the future of our business and have based our successful cloud services offerings on Xterity,” said Andrew Worthington, manager at ITG, a managed service provider in Macclesfield, Cheshire, England. “Technically, Xterity is top-notch, and the level of support we receive from Egenera is far superior to the larger cloud providers.”

”Xterity delivers easy to deploy cloud services that were built for the channel, with features that enable us to deliver value-added solutions more cost effectively and easily than with the larger cloud providers,” said John B. Nelson Jr., senior vice president of operations and chief compliance and security officer (CCSO) at ScerIS, an ISV and solutions resource provider located in Sudbury, Mass.

Xterity Cloud Services combine the security and reliability of Tier 3 and Tier 3+ datacenters worldwide with enterprise-class hardware and software to deliver private and public cloud IaaS solutions including bare metal, disaster recovery, backup and migration, along with 24x7x365 partner support and assigned account management.

About Egenera
Egenera is a leading provider of wholesale cloud services to the channel. Xterity, Egenera’s cloud service, offers Infrastructure-as-a-Service (IaaS), Backup-as-a-Service (BaaS), Disaster-Recovery-as-a-Service (DRaaS) and cloud migration to partners seeking to deliver monthly recurring revenue cloud services with no upfront costs, and compelling margins. Headquartered in Boxborough, Mass., Egenera hosts Xterity in Tier 3 and Tier 3+ datacenters in Boston, MA, Ashburn, VA, San Jose, CA, London, Newcastle, Dublin(2) and Tokyo. For more information on the company, please visit egenera.com. Follow Egenera on Twitter, LinkedIn and Facebook.

Contacts

Egenera
Maryellen Edwards, 978-206-6326
medwards@egenera.com