(WEB HOST INDUSTRY REVIEW) — Cloud-based IT compliance and security solutions provider Alert Logic (www.alertlogic.com) announced on Monday that its revenue increased by 52 percent to $10.8 million in calendar 2009, while its customer count grew by 45 percent.
Alert Logic attributes these results to the successful execution of its strategy to enable service providers to deliver cloud-powered network security and compliance solutions.
“Businesses are facing increasingly complex and burdensome compliance and security requirements, and these trends will continue into 2010,” says Alert Logic president and CEO Gray Hall. “Our unique cloud-powered delivery model allows us to offer a truly complete solution to our customers, and our unique breadth of service provider channel partners gives us incredible market reach.”
Alert Logic’s customer growth spanned a wide range of industries including energy, technology, healthcare and retail.
As anticipated, compliance requirements, particularly Payment Card Industry compliance, drove much of this growth.
More than 60 percent of customers using Alert Logic’s solutions to comply with regulatory mandates, while more than 75 percent of those customers are specifically addressing PCI requirements.
The company’s channel program targeting IT service providers is also be a key factor in the company’s rapid growth, says Alert Logic.
Alert Logic is sponsoring the WHIR’s upcoming Web hosting networking event in Houston, which will be held February 18th at the Grove.
The event gives individuals in the industry a chance to network with one another, as well as talk to members of the WHIR team. Registration is now open for the free event.
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