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Network Tools provider SolarWinds

Network Tools provider SolarWinds     Science & Technology World Website

 

SolarWinds Inc. (NYSE: SWI) develops and markets enterprise information technology (IT) infrastructure management software to IT professionals. SolarWinds is headquartered in Austin, Texas, with sales and product development offices in Salt Lake City, Utah; Cork, Ireland; Brno, Czech Republic; Singapore; Chennai, India; and Brisbane, Australia.

"Aiming for 80 percent of the functionality of rival offerings from IBM Corp. and Hewlett-Packard Co., the company sells its wares for one-tenth as much," Forbes reported in October 2012. SolarWinds has more than 100,000 users. SolarWinds provides numerous free tools. SolarWinds hosts an online community called thwack, with more than 125,000 users worldwide.

SolarWinds was founded in 1999 by brothers Dave and Don Yonce in Tulsa, Oklahoma. It was profitable in its first year of business. The company relocated to Austin, Texas, in 2006. Sales have averaged a 38 percent annual increase since the move. From 2005 to 2007, the company more than doubled its revenue, annually increasing from $27.9 million to $61.7 million.{tpl:page}

In 2007, SolarWinds raised funding from Austin Ventures, Bain Capital and Insight Venture Partners. Following the funding, SolarWinds acquired several companies including Neon Software and ipMonitor Corp. and opened a European sales office in Ireland.

SolarWinds completed its initial public offering of $112.5 million in 2009. The company also announced its professional certification program, the SolarWinds Certified Professional Program (SCP) for network management, which tests professionals in five areas: network management fundamentals, network management planning, network management operation, network performance troubleshooting and Orion Network Performance Monitor (NPM) administration and service.

In 2012, SolarWinds’ total revenue reached $269 million. In 2013, SolarWinds announced plans to invest $50 million on an operations hub in Salt Lake City.

SolarWinds sells more than 60 different products and provides free tools that address a variety of IT-management issues, including network management, server and application management, virtualization management, storage management, and IT security management.

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