ScienceLogic Reports Record-Breaking Quarterly Results for Smart IT Management Software

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Thursday, November 29th 2012
Company Compounds Growth Trend With Increases in Net-New Customers and Sales Growth
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RESTON, VA -- (Marketwire) -- 11/29/12 -- IT management software provider ScienceLogic Inc. reported that its rapid growth trend continued during the third quarter of 2012, with a 53-percent year-over-year sales increase. This adds to the 20+ percent quarter-over-quarter sequential growth ScienceLogic has achieved so far this year.

The success is attributed to a record-breaking number of new enterprise, managed service provider and federal government customers added throughout 2012, but especially in Q3 where ScienceLogic shattered its record for the most new customers ever in a single quarter. Through the end of the 3rd quarter, ScienceLogic has closed more new customers than in any prior year in the history of the company. Also contributing to the third quarter sales volume are current customers who added onto their existing implementations due to the unique value ScienceLogic provides.

"It's clear the marketplace sees tremendous importance in ScienceLogic and our software offerings," said John Becker, CEO, ScienceLogic. "We take pride in providing the only truly pre-integrated IT management software available, and that pride shows through in the quality of our product which in turn is reflected in our bottom-line results. The IT field is growing more and more complex each day, and ScienceLogic's Smart IT solution enables IT professionals to work smarter despite increasing challenges. Our remarkable growth is a direct result of our award-winning product and dedicated employees who continue to make ScienceLogic better each day."

ScienceLogic has also received a number of prestigious awards highlighting its rapid growth rate. ScienceLogic is a Red Herring 2012 Top 100 Global award finalist, won the Red Herring 2012 Top 100 North America award, and was named to the 2012 Deloitte Technology Fast 500™ list of fastest growing technology companies in the United States.

The ScienceLogic Smart IT management software simplifies the exponentially harder task of managing resources and data that are constantly shifting to meet the needs of virtualization, cloud computing, and bring your own device (BYOD). Using ScienceLogic for IT operations and cloud monitoring, organizations can manage any mix of physical, virtual, and cloud resources as one entity to improve business service delivery to end-users. Having a consistent, correlated set of metrics across both on-premise and cloud infrastructures speeds troubleshooting and simplifies management workflows to increase efficiency and reduce costs.

Engineered for the scale, security, automation and high availability needed to run today's complex IT environments, ScienceLogic Smart IT software provides a unified management platform that enables customers to deliver business-critical IT services using a modern management framework.

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