SoftLayer Shows Continued Growth

• By Anastasia Tubanos, December 01, 2008

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December 1, 2008 -- (WEB HOST INDUSTRY REVIEW) -- Just a couple of weeks after sharing its plans to release its own cloud-based storage solution, web hosting provider SoftLayer (www.softlayer.com) announced on Monday it has maintained strong growth and outperformed all its projections throughout 2008.

According to the company's most recent announcement, SoftLayer reported an annual recurring revenue of over $60 million in 2008, up from $33 million in 2007. SoftLayer also reached a milestone of deploying more than 18,000 servers across its network to 5,500 active customers across 110 countries.

Despite the tumultuous economic situation in the past few months, SoftLayer says its growth shows that its model for providing outsourced IT environments "has considerable mainstream market advantages."

Other achievements the company has accomplished over the past year to further its growth and significance in the industry include launching version 3.0 of its SoftLayer Open API, completing an end-to-end rewrite of SoftLayer's Infrastructure Management System and the launch of two new facilities, in Dallas and Washington D.C., expanding the company's total capacity to 45,000 servers.

In the past year, SoftLayer also launched new enterprise-class services including CDNLayer, SoftLayer's content delivery network and global load balancing. The company also deployed a diverse set of virtualization solutions including Microsoft Hyper-V, Parallels Virtuozzo and Citrix XenServer.

"As much as we've accomplished this year, we keep moving forward, continuing to innovate and enhance our offerings and provide customers the ultimate virtual data center solutions," says Lance Crosby, CEO of SoftLayer. "In these tough economic times our solutions are more relevant than ever. We will be launching additional virtualization and cloud computing options that give our customers highly scalable, flexible solutions for their business' computing needs."

Crosby discussed more of SoftLayer's virtualization strategy and rather competitive shift into the cloud computing space in a WHIR TV interview in October.

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