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Turbonomic history
Turbonomic company history timeline
EC2 Reserved Instances evolved over the years since there were introduced in 2009 (see the timeline below). Every update, although aimed to simplify the model, ended up adding more complexity.
The same year, Red Hat made a strategic investment in the company; this was following a collaboration since 2012 on OpenStack, Red Hat JBoss, and Red Hat CloudForm integrations, which were showcased in Red Hat Summit.
Venture capitalist Ben Nye, a Midas List member, took over as CEO in 2013 after leading Bain's investment in the company.
In August, Google unleashed the world’s first cloud-based Kubernetes Service, ‘Google Kubernetes Engine’ (GKE) went GA after it was announced as alpha in 2014.
Say hello to your containers “Captain” – Kubernetes 1.0 released on July 21, 2015.
In November 2015, Google appointed ex-VMware CEO and founder, Diane Greene, as SVP to lead the company's cloud businesses, including Google for Work, Cloud Platform, and Google Apps.
When it rebranded from VMTurbo, Turbonomic had claimed 24 consecutive quarters of "record growth." In 2015, that translated to $44.6 million in revenue and growth of 78%, according to a source with knowledge of Turbonomic's financials.
In 2016, AWS generated $12.21 billion in annual revenue, an approximately 55% increase from the previous year.
Turbonomic won numerous industry and analyst awards during the decade, and in 2016 the company was listed in prestigious Forbes Cloud 100 for the first time, placed at #72.
Turbonomic is expected to post similar or slightly lower growth for 2016.
In November 2017, Microsoft finally released its commitment-based discount model,
Google had over 100 announcements in its Google Cloud Next 2017 conference.
Turbonomic was also named ‘An IDC Innovator for Multicloud Management’ and IT Central Station Named Turbonomic as 2017’s Top Cloud Management solution.
She held the position for three years, and in 2018 she announced in a blog that she would be stepping down and that Thomas Kurian, former Oracle executive would be taking over.
Amazon reported that AWS generated $9.95 billion in revenue during FY19 Q4, a 34% increase from Q4-2018.
In March, Turbonomic released the findings of the 2019 State of Multicloud, the industry’s first survey of over 800 IT professionals that examines the underlying dynamics fueling cloud-native/container and multicloud adoption.
Amazon shared that there will be two variants, a flavor running AWS propriety software and another that will run VMware Cloud on AWS. The AWS variant went GA in December 2019, offering EC2, EBS ECS, EKS, and RDS services.
In 2019, Google announced Google Anthos, which enables users to manage and deploy containerized applications to any Kubernetes-based environment.
In 2019, Amazon made few acquisitions to help customers move to its cloud.
During the writing of this article (end of January 2020), all major cloud providers shared their earnings reports.
In 2020, during Cisco Live in Barcelona, Cisco unveiled the evolution of the partnership by announcing Intersight Workload Optimization.
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Turbonomic competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| CloudHealth Technologies | 2012 | $5.2M | 280 | - |
| DataStax | 2010 | $143.6M | 450 | 1 |
| Adaptive Computing | 2001 | $3.1M | 48 | - |
| CloudBees | 2010 | $100.0M | 500 | - |
| CloudZero | 2016 | $1.0M | 31 | 11 |
| CliQr Technologies | 2010 | - | 125 | - |
| Applitools | 2015 | $5.1M | 75 | - |
| Astute Networks, Inc. | - | - | 14 | - |
| AccelOps | 2007 | $11.0M | 175 | - |
| CPUsage | 2011 | $284.9K | 1 | - |
Turbonomic history FAQs
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Turbonomic may also be known as or be related to Turbonomic and Turbonomic, Inc.