Press release

Embotics Achieves Record Fiscal Year Results Highlighted by Significant New Customer Additions and Existing Account Expansions

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Embotics®,
the hybrid cloud automation and orchestration company, today
announced its fiscal year 2018 results, reporting 73 percent growth in
overall revenues, a 67 percent increase in new customer wins and a 192
percent increase in existing customer expansion.

“Our accelerated growth in 2018 is proof that more organizations are
turning to next-generation cloud management platforms as part of their
digital transformation strategies,” said Michael Torto, CEO of Embotics.
“Embotics has continually devoted significant time, attention and
resources to redefining the CMP market. To have the best year in our
company’s history is testament to the hard work and dedication from a
great team and an exceptional customer base that pushes us toward
constant innovation.”

Leading Enterprises and Service Providers Choose Embotics

Embotics’ record-setting fiscal year was fueled by larger deal sizes
addressing the increasing complexity of enterprise cloud environments.
Embotics added more new customers in fiscal year 2019 than any previous
year. Existing customer expansions were also at an all-time high,
as companies rolled out vCommander throughout their growing hybrid cloud
environments.

Continued Innovation for vCommander

In the past year, Embotics continued to innovate the award-winning vCommander
platform, delivering new customer-driven features and functionality that
further enhance Embotics’ ability to deliver power and simplicity to
hybrid cloud management.

New innovations to vCommander include:

  • The launch of vCommander
    7
    , the first hybrid cloud management platform built for
    automation, orchestration and governance of both traditional and new
    microservice-based applications while facilitating DevOps;
  • Full support for governance and management of hybrid environments
    including AWS, Azure, Google Cloud Platform, VMware and Microsoft
    Hyper-V;
  • Extensive cloud expense management and active rightsizing for
    proactive cost control;
  • Intelligent placement algorithms for application workloads factoring
    cost, resource and business requirements;
  • Value add for consuming cloud services brokered through IT, or
    directly via cloud native APIs;
  • Agentless architecture for rapid and secure configuration and
    deployment;

Industry Recognition and Expanded Management Team

Additionally, Embotics vCommander received recognition from several
prominent industry analyst firms. In January 2019, Embotics was named
a Leader in the first Gartner
Magic Quadrant
for Cloud Management Platforms1. In June
2018, Forrester Research named
the company a Leader in the Forrester Wave™: Hybrid Cloud Management, Q2
2018. Embotics received the highest possible score in the market
approach and commercial model evaluation criteria, the highest score of
any vendor evaluated in support services, and the second-highest score
for overall strategy.

Fueled by increased demand, Embotics has doubled the size of its global
sales team in the past twelve months. The company has strengthened its
leadership with several additions and promotions, including:

  • Monty Blight named Executive Vice President, Sales and Corporate
    Development
  • Jesse Stockall named Chief Technical Officer
  • Brian Clow named Vice President, Engineering

For additional information and access to a free trial of vCommander 7,
please visit www.embotics.com.

Gartner Disclaimers

Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select
only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner’s
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, express or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose.

About Embotics
Embotics harmonizes digital business
processes for Global 1000 enterprises to accelerate the speed and
agility of their developers while ensuring governance and control for
IT. The company’s hybrid cloud management platform delivers unparalleled
orchestration, automation, cost optimization and end-user self-service
capabilities across on-premise, cloud, and containers to get
applications and services to market fast. Embotics vCommander is used by
organizations including Nordstrom, NASA, Pegasystems, and NTT DATA. For
more information, visit http://www.embotics.com,
and follow Embotics on Twitter
and LinkedIn.

1 Gartner – Magic Quadrant for Cloud Management Platforms,
Dennis Smith, Matthew Cheung, Colin Fletcher, Padraig Byrne, January 7,
2019