Xtium Welcomes New Board Member

Xtium, Inc., a leading enterprise software and solutions company innovating managed cloud hosting, online backup and virtual disaster recovery services, today announced that Vess Bakalov, co-founder and chief technology officer of SevOne, was appointed to the company’s board of directors, expanding the board’s size to four members.

“I am very pleased that Vess has agreed to join Xtium’s board of directors,” said Tim Buckley, CEO, Xtium. “Vess shares our vision of building a company that delivers great technology as well as great service to our customers. His technical background will be particularly important to us in delivering on our vision of automating and enhancing our product offerings.”

Bakalov has over 20 years of experience in the IT industry and currently serves as CTO of SevOne, a technology company that provides the world’s fastest, most scalable IT monitoring and reporting platform. He is responsible for leading SevOne’s product development and design, and for overall vision of the technology architecture. Since co-founding the company in 2005, Bakalov has seen SevOne grow to 220 employees and be named the 75th fastest growing company in North America on Deloitte’s 2012 Technology Fast 500 rankings.

“I couldn’t resist being part of Xtium’s board,” said Bakalov. “The extremely bright, innovative and ambitious team makes Xtium one of the most exciting technology companies in the region with the ability to rival anyone out there. My background will help develop discipline and vision around Xtium’s software development and the go-to-market strategy for enterprise products.”

Prior to SevOne, Bakalov served in a number of senior technical positions at BankOne, including Assistant Vice President and Network Architect. He holds a BS in Computer Science from the University of Delaware.

In addition to Bakalov, Xtium’s board consists of Tim Buckley, CEO of Xtium and former COO of Red Hat, Scott Maxwell, founder and senior managing director of OpenView Venture Partners, and Bradford Stradler, founder of True and IronHill Partners.

About Xtium

Xtium is a leading enterprise software and solutions company innovating managed cloud hosting, online backup and virtual disaster recovery services. We offer companies the most secure virtual private cloud experience with guaranteed application performance across the network. Our architecture is flexible, allowing customers to remain in control. We are the only enterprise service company certified to deliver, SAP®, VMware® and Riverbed® technologies. To learn more, please visit http://www.xtium.com.

Monetate Seeking to Employ 200 by Year End

Monetate has increased its staff by 57 to 175 so far this year and has 25 open positions it wants to fill by year’s end.

The Conshohocken, Pa., provider of e-commerce technology is adding people to accommodate its growth in customers and revenue, as well as to support its expansion into new vertical and international markets.

“Our goal is the same this year as it was last year — we want to double the business and we’re on track again to doing that in 2013,” John Healy, Monetate’s chief operating officer, told me in a phone interview Friday.

I spoke to Healy because Monetate put out a press release announcing its performance, in which it said its revenue grew 127 percent in the first half of 2013 from the first half of 2012.

Healy wouldn’t tell me what Monetate’s revenue was, or reveal other metrics about the privately held company besides what was in its press release. He did say, however, that Monetate and its customers benefitted from the fact that e-commerce sales in the second quarter were up nearly 19 percent from a year ago and at their highest level since 2007.

Monetate has moved on from its initial focus of providing e-commerce website operators with technology that makes it easy for them to personalize their websites’ appearance and test different marketing campaigns.

That technology is still at the core of Monetate’s business, but Monetate’s customers now also use it to help identify market segments that are important to them and better market to those segments.

As an example, Healy said he recently looked for products on the websites of two major home-improvement chains, visiting the sites repeatedly. He eventually got an email with an offer of a discount from one of the chains, but neither it nor its competitor tried to communicate with him while he was on their websites.

“We think that’s backwards marketing,” he said.

To combat that, Monetate recently launched LivePredict, which enables its customers to identify the market segments that are important to them and make offers to people in those segments while the people are on their websites.

The product examines the characteristics of everyone who has made a purchase on a website and then sees what the people who have spent a lot of money on the site have in common and what the people who haven’t spent much money on the site have in common.

For example, Healy said, people who visit a website through an iPhone make purchases at much lower rates than people who visit it through a tablet or desktop computer. In that case, he said, LivePredict can tell the website operator that it should market differently to visitors on iPhones, perhaps by giving them better offers to entice them to make a purchase.

LivePredict also can analyze online marketing campaigns and see which segments of customers they performed well with and which they didn’t perform well with.

Ecommerce retailers remain Monetate’s largest group of customers, but the company is gaining traction among travel and hospitality businesses, and Healy said its efforts in that area are leading it to get some customers in the entertainment and publishing industries.

Monetate also is expanding globally. The company opened a London office in June to serve Europe, the Middle East and Africa and now employs 10 there. It also is getting into what Healy called the BRIC countries — Brazil, India and China — starting with Brazil where it is working with a partner that helped it land its first customer in the country.

On the home front, Monetate is still paying $2,000 bonuses for referrals of software engineers that it hires, and tapping the talent pool at area colleges and universities.

“We’re very excited about where we are right now and where our prospects are and we look forward to continuing to add value to our customers and make sure they’re successful and growing our business,” Healy said.

Monetate Sees Strong Growth in First Half of 2013

Continued demand for personalization and the launch of Monetate’s anticipated automated segmentation product drives growth in retail, travel and global markets

Monetate experienced strong growth in its revenue and client base in 2013 as marketers tapped big data to address growing consumer demands for smarter and more relevant digital experiences. In the first six months of 2013, Monetate boosted revenue by 127 percent year over year and signed new brands in a variety of industries across the globe.

Monetate furthered its presence in the travel and hospitality industry – signing brands including Celebrity Cruises and Air Arabia. Travel brands use Monetate to provide a relevant experience for every online customer, based on preferences, channel, device, destination and more. Brands that personalize yield significant gains in bookings, upsells, brand loyalty and market share.

“Travelers now want personalized experiences that reflect their preferences and brand loyalty, and they want to be able to book at any time, on any device,” said Gene Quinn, founder of TNooz and member of Monetate’s advisory board. “Travel brands must have the merchandising tools to react dynamically to the customer in any situation in order to remain competitive.”

Retail continued to be a strong market for Monetate. The platform powers retailers to deliver the Amazon-like experience consumers crave, and more and more brands understand the importance of leveraging big data tools like Monetate to enable that experience.

“The growth of Monetate, when you look at transactions and the amount of data we handle, is astounding,” said John Healy, COO of Monetate. “In Q2 last year, we handled $2.3 billion in transactions on the Monetate platform. Q2 this year has that number at just over $6 billion, an increase of 155 percent. Monetate was engineered for scalability, which positions us for continued growth.”

Monetate Expands Global Footprint; Enables Clients to Grow 33 Percent More than Their Competitors

Monetate also further expanded into global markets in the first half of 2013, specifically in Europe and South America, where Monetate signed brands including: BeautyBay.com (UK), JD Sports Fashion (UK), B2W, Inc. (Brazil), and Charles Tyrwhitt (UK).

“A key driver in Monetate’s success is that we allow companies to bring together data, analysis and marketing; teams that in many cases have operated in inefficient silos,” said David Brussin, CEO and founder of Monetate. “The Monetate suite collects data, provides instant analysis around customer preferences and responses to campaigns, and gives the marketing team the power to immediately act on those insights, all within one cloud-based interface.”

The proof is in their success. Last year, Monetate customers grew revenues 33 percent more than the average ecommerce brand.

Automated Segmentation with LivePredict 

Positioning the company for continued momentum, Monetate this month launched LivePredict, an automated segment discovery product that automatically identifies valuable customer segments and the attributes that define them, and gives marketers the ability to instantly take action by targeting offers and content specifically to those segments.

“LivePredict offers a new way for marketers to understand and influence digital visitor behavior,” said Brian Hawkins, partner and optimization specialist at Web Analytics Demystified. “Enabled by Monetate’s proactive targeting technology, LivePredict automatically surfaces customer segments that might otherwise go unnoticed or undiscovered, potentially driving significant changes in customer acquisition strategies and internal resource investments.”

(Watch Monetate CEO David Brussin discuss how LivePredict will change the customer segmentation game)

About Monetate 

Monetate empowers marketers to leverage big data to create more personalized and engaging online customer experiences. By providing more relevant web interactions, leading brands are able to anticipate and react to consumer preferences to generate stronger customer relationships and significantly increase profits.

Monetate drives billions of dollars of revenue every year for some of the best-known brands in the world, including Best Buy, Frontier Airlines, Aeropostale, The Sports Authority and PETCO. The company’s solutions and conversion expertise enable marketers to deliver a more relevant customer experience with unprecedented agility.

Leading marketers rely on Monetate’s cloud-based browser solutions to achieve a new level of speed and control, allowing them to run 16 times more optimization campaigns compared to industry averages. Monetate solutions include advanced products for testing, merchandising, targeting and cross-channel consistency, providing an opportunity to bypass IT restraints and react in real time to customer demands. Monetate also helps marketers implement best practices and drive online revenue through its expert strategic services and content publishing teams. For more information visit http://monetate.com/ or follow us on Twitter@Monetate.

SOURCE Monetate

Read more here: http://www.sacbee.com/2013/08/15/5652726/monetate-sees-strong-growth-first.html#storylink=cpy

 

Exinda Connects with the Detroit Tigers to Deliver a Reliable Network Experience

Exinda, a global provider of next-generation WAN optimization and Network Control solutions, today announced that the Detroit Tigers have deployed Exinda’s Network Control Suite to manage how journalists, photographers and broadcast media use the organization’s network and protect the user experience they rely on to report on games.

The Tigers receive a considerable amount of media attention with over 150 media members covering home games at Comerica Park and more than 1000 reporting from inside and outside of the ballpark during the playoffs, the network must support a variety of traffic. If allowed to go unmanaged, recreational Internet traffic can hog valuable network bandwidth and inhibit media from reporting on the game in real time.

“We needed a solution where we could look at usage by individual user and individual application, and intelligently create policies to better monitor and control usage and we found that with Exinda,” said James Darrow, Director of IT for the Detroit Tigers.

Exinda’s Network Control solution enables the Tigers’ to prioritize the constant tweets, blog posts, high resolution photos and up-to-the-minute reporting coming from media personnel, while restraining recreational video and music streaming during rain delays and in-between innings that previously overloaded the network. With help from Exinda, the Tigers’ IT staff is able to manage their bandwidth by prioritizing important applications without crippling connectivity.

“When our IT team is working the games, they have the Exinda dashboard up on the screen so they can see in real time what’s going on,” Darrow said. “Using Exinda, we’ve been able to limit that non-essential traffic when we need to. In IT, not hearing from users means everything’s going well, and it’s been very quiet since we’ve implemented Exinda.”

“The Detroit Tigers have a history of being frontrunners on the field, and we’re pleased to aid them in achieving that performance off the field as well,” said Ken Casto, Area Vice President, West at Exinda. “With the Exinda appliance installed, the Tigers have control over their network. By limiting the amount of recreational traffic competing for bandwidth, they can ensure an exceptional in-stadium experience for media, staff and fans alike.”

About Exinda

Exinda is a leading global supplier of WAN optimization and Network Control solutions. Exinda enables organizations to assure a predictable user experience for strategic business applications through policy-based WAN optimization and Network Control that intelligently allocate network bandwidth and optimize traffic based on the priorities
 of the business. The company has 
helped more than 2,500 organizations 
in over 80 countries worldwide assure application performance, improve the end-user experience, contain recreational applications and reduce network operating costs for the IT executive.

For more information, please visit http://www.exinda.com, follow us on Twitter at twitter.com/exinda or visit our blog at http://www.exinda.com/blog.

About The Detroit Tigers

The Detroit Tigers, Inc., a charter member of the American League in 1901, have won four World Series and 11 American League pennants. The team is owned by Michael Ilitch who purchased the ballclub in 1992. Michael and his wife, Marian, jointly own other companies in the food, sports and entertainment industries include: Little Caesars Pizza, Blue Line Foodservice Distribution, the Detroit Red Wings, Olympia Entertainment, Olympia Development, Little Caesars Pizza Kit Fundraising Program, Champion Foods, Uptown Entertainment and Ilitch Holdings, Inc. Marian Ilitch is the sole owner of MotorCity Casino Hotel. For more information, visit www.detroittigers.com.

– See more at: http://www.exinda.com/news/pr-article/exinda-connects-with-the-detroit-tigers-to-deliver-a-reliable-network-exper#sthash.tZXoPgNU.dpuf

Frost & Sullivan Recognizes Kareo with Award for Excellence

Kareo, Inc., the cloud-based medical office software and services provider for small medical practices, announced today that Frost & Sullivan has awarded the company its 2013 North American Physician Practice Management Customer Value Enhancement Award.

The Award is presented each year to companies that have demonstrated excellence in implementing strategies that create value for customers, as measured by return on investment on purchase of the company’s products and services.

“We believe Kareo is the ideal partner for physicians in need of a flexible, affordable, and low-risk clinical and financial platform that can help them better cope with a healthcare system undergoing dramatic disruption,” said Nancy Fabozzi, principal analyst, Connected Health, Frost & Sullivan. “The driving philosophy behind Kareo’s success is its vision that physician practices and medical billing services need robust but easy-to-use tools that enable them to proactively manage the complexity of medical reimbursement. Kareo has proven its outstanding performance and success in Physician Practice Management.”

Medical practices today face numerous operational and financial challenges, driven by such factors as shifting reimbursement practices, pending changes due to the Accountable Care Act (ACA), and the cost and complexity of adopting electronic health record (EHR) technology. Studies show that the administrative inefficiencies and redundant paperwork that physicians must deal with in order to get paid cost approximately $120 billion annually. By providing fully integrated and highly cost-effective practice management, billing, and EHR offerings for small medical practices, Kareo enables the independent physician to focus on patient care and not the burden of these administrative tasks.

“Kareo is honored to receive this recognition from Frost & Sullivan,” said Dan Rodrigues, founder and CEO of Kareo. “Our primary mission at Kareo is to help small medical practices succeed by providing high-value, cloud-based products and services. We greatly appreciate this recognition of our focus and the results we are delivering for our customers.”

Today, Kareo has more than 20,000 physicians using its integrated EHR, practice management, and billing solutions. Kareo’s success in creating customer value has driven rapid growth of the company, with its employee base doubling every year since 2008 and recognition, in 2013, as one of Forbes 100 America’s Most Promising Companies, coming in at #1 in Orange County, California, and #58 nationwide.

For more information on Frost & Sullivan’s 2013 North American Physician Practice Management Customer Value Enhancement Award go to: http://www.kareo.com/frost-and-sullivan.

About KareoKareo is the only cloud-based medical office software and services platform dedicated to small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated suite of products and services designed to help small practice physicians get paid faster, run their business smarter, and provide better care. Our Practice Management software, Billing Services, and free, full-featured EHR help more than 20,000 medical providers more efficiently manage the business and clinical sides of their practice. Headquartered in Irvine, California, Kareo’s mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.

Media Contact:Meghan FintlandOgilvy PRP 415 677 2704 [email protected]

SOURCE Kareo, Inc.

Copyright (C) 2013 PR Newswire. All rights reserved

William Levering Appointed Chief Financial Officer of NextDocs

NextDocs, the global leader in compliance solutions for regulated industries, announced today that William G. Levering III, CPA, has been appointed as the company’s Chief Financial Officer (CFO).

Levering brings more than 30 years of financial management experience to NextDocs including more than a dozen years’ experience as a CFO at both public and private technology companies.

Levering most recently served as Executive Vice President and Chief Financial Officer at Voxware, Inc. and in the same position at Princeton Softech Inc., an enterprise data management software company which was acquired by IBM. Earlier in his career, Levering served as Corporate Controller and then as Chief Financial Officer at AXS-One Inc., a leading developer of financial software. He began his career by spending 14 years in the audit practice of KPMG Peat Marwick LLP. Levering is a member of the American Institute of Certified Public Accountants and was named the New Jersey Technology Council “CFO of the Year-Best Deal” in 2011.

As Chief Financial Officer at NextDocs, Levering will be responsible for managing all aspects of the company’s financial operations – and will provide the strategic financial direction to ensure the company’s continued organic and strategic growth.

“William Levering is a highly-experienced financial manager with experience directly relevant to emerging and public software companies – and helping them navigate aggressive growth and complex transactions,” said Zikria Syed, Chief Executive Officer of NextDocs. “As we grow, his experience will be of substantial value and help ensure that our financial operations continue to support delivery of top-notch customer service and solution development.”

NextDocs, an Inc. 500 and Deloitte Fast 50 company, has built a global executive leadership team drawing from leading businesses around the globe, including IBM, Siemens, McKinsey & Co. and Microsoft, as well as from innovative emerging growth technology companies such as Broadpeak, Emptoris and Princeton Softech. The company’s regulated content management and compliance solutions are employed by a growing list of leading life sciences and pharmaceutical companies including Astra Zeneca, Covance, McKesson, Sandoz and Sanofi.

For more information on NextDocs, visit www.nextdocs.com.

CONTACT: Dan [email protected]

SOURCE NextDocs

Copyright (C) 2013 PR Newswire. All rights reserved

Monetate Launches LivePredict, Automated Customer Segment Discovery Connecting Smart Segmentation and Personalisation with Real-Time Action

Monetate today announced the launch of LivePredict, an automated segment discovery product that automatically identifies valuable customer segments and the attributes that define them, and gives marketers the ability to instantly take action by targeting offers and content specifically to those segments.

LivePredict addresses the shortcomings of traditional testing and segmentation, which has marketers swimming in data trying to determine which content to target to which group. LivePredict identifies, at the brand and campaign levels, highest and lowest-performing segments, ranked by Impact Score (performance of the segment compared to the site average, multiplied by number of visitors in that segment), which allows marketers to understand the potential business opportunity of each segment.

LivePredict also surfaces customer groups that respond well to a brand of campaign, but have a lower number of visitors. This High Potential dashboard helps marketers drive strategy and determine where to focus their efforts, in other marketing channels, to drive more of those high-value customers to their digital sites.

“LivePredict by Monetate provides us with insights about our customers we could otherwise never uncover,” said Gregory Phillips, senior web analyst, testing and optimisation at OfficeMax. “Before LivePredict, we might have run an A/B test on our site and evaluated the results across the wholecustomer base to determine if it was a success. With LivePredict, we can see the highest and lowest performing segments for each campaign we run, right within the user interface. So what we might have seen as an overall miss before actually could have been really successful for certain segments of our customer base. This insight allows us to target the campaign to segments that responded positively and try a different approach for the segments that didn’t respond well the first time around.”

“LivePredict offers a new way for marketers to understand and influence digital visitor behaviour,” said Brian Hawkins, Partner and Optimisation Specialist at Web Analytics Demystified. “Enabled by Monetate’s proactive targeting technology, LivePredict automatically surfaces customer segments that might otherwise go unnoticed or undiscovered, potentially driving significant changes in customer acquisition strategies and internal resource investments.”

With LivePredict, a brand can uncover insights – at the account and campaign level – like:

  • The brand’s customers in Manchester have a much higher conversion rate than visitors from other regions. The marketer can use this information to prioritise customers from the “Manchester” segment, geo-target them, and deliver even more relevant experiences.
  • Customers coming to the brand’s website from tablet devices convert a high rate, but have a lower average order value (AOV) than desktop users. The brand can use this info to deliver product recommendations to customers on tablet devices that will help drive up-sells and higher AOVs.
  • Customers who live in areas with high income levels do not respond well to flash sale-campaigns.  A brand can use this info to exclude those customers from flash sales and instead deliver experiences that reflect these customers’ affinity for certain brands and categories.

“LivePredict delivers the future of personalisation for marketers,” said David Brussin, CEO of Monetate. “With LivePredict, segmentation and personalisation are no longer a time and labour intensive guessing game. For every campaign run on their websites, marketers can see which customer segments responded well and which did not. Smart marketers are focused not on the transaction, but rather on fostering a lasting relationship between consumer and brand. LivePredict helps them create that lasting bond.”

LivePredict is delivered to clients in a Software as a Service (SaaS) model. It is part of Monetate’s suite of personalisation and customer experience optimisation technologies, which also includes badging, mobile/tablet, personalisation, prediction, recommendations, visual search and testing products.

For more information, visit http://www.monetate.com/prediction, or download the LivePredict data sheet here.

About Monetate

Monetate empowers marketers to leverage big data to create more personalised and engaging online customer experiences. By providing a more relevant web experience, leading brands are able to anticipate and react to consumer preferences to generate stronger customer relationships and significantly increase profits.

Monetate drives billions of pounds of revenue every year for some of the best-known brands in the world, including Patagonia, The North Face, National Geographic, Kiddicare, L’Occitane, Best Buy, and Macy’s. The company’s comprehensive product suite and conversion expertise enable marketers to deliver a more relevant customer experience with unprecedented agility.

Leading marketers rely on Monetate’s cloud-based browser technology to achieve a new level of speed and control, allowing them to run 16 times more optimisation campaigns compared to industry averages. The Monetate technology includes advanced products for testing, merchandising, targeting and cross-channel consistency, providing an opportunity to bypass IT restraints and react in real time to customer demands. Monetate also helps marketers implement best practices and drive online revenue through its expert strategic services and content publishing teams. For more information visit http://monetate.com/ or follow us on Twitter @Monetate.

SOURCE Monetate

Read more here: http://www.sacbee.com/2013/08/08/5633161/monetate-launches-livepredict.html#storylink=cpy

 

Intronis Earns Top 50 Spot in Annual “Talkin' Cloud Top 100” Report

Intronis, Inc., a provider of world-class cloud backup solutions for the IT channel, today announced it earned the #46 spot on the third-annual Talkin’ Cloud Top 100.

According to the report, which names Salesforce, Amazon and Microsoft as the top three suppliers, this year’s leading 100 cloud services providers (CSPs) generated more than $15.7 billion in combined cloud services revenues, up nearly 37 percent from the previous year. The complete list can be found on the Talkin’ Cloud website.

“The cloud services marketplace is competitive, growing rapidly and radically changing the way business gets done, and IT is delivered and consumed,” says Rick Faulk, CEO of Intronis. “As a cloud services pioneer who sells exclusively to and through the IT channel, Intronis is pleased to be among the top 50 ranking CSPs honored on this distinguished report.”

The 2013 Talkin’ Cloud Top 100 report is based on data from Talkin’ Cloud’s online survey, conducted January through May. The Talkin’ Cloud 100 report recognizes the IT channel’s top 100 CSPs based on such metrics as annual cloud services revenue growth, both in actual dollars and in percentage growth rates.

“The Talkin’ Cloud Top 100 honor arrives amid a land grab in the cloud computing market,” says Amy Katz, president of Nine Lives Media, a division of Penton. “The companies featured on this year’s Talkin’ Cloud 100 are leading that land grab and taking cloud services to a new level of excellence. We congratulate Intronis and all of those who made this year’s Top 100.”

“These are fast-moving times in our industry and we’re proud to enable our channel partners with a high-value cloud-based service,” continued Faulk. “We would like to extend congratulations to our partners Ntiva and Teklinks, who were also included on this year’s list.”

Talkin’ Cloud, produced by Nine Lives Media, is a go-to resource for Cloud Service Aggregators, Cloud Service Brokerages, CSPs, MSPs and VARs profiting from cloud computing. Talkin’ Cloud features a daily blog, research, Channel Expert Hour Webcasts and FastChat videos. It is recognized as one of the first online, dedicated media destinations for channel partners working in the cloud.

About Intronis

Intronis Cloud Backup and Recovery is a world-class cloud backup solution for the IT channel. Intronis provides the industry’s easiest-to-use secure data solution for offsite and local backup, which generates a monthly recurring revenue stream for your business. Intronis offers the best Exchange and SQL backup on the market, supports virtualized environments with native VMware backup and is integrated with major solutions in the MSP ecosystem. Partners receive expert customer support from Intronis’ U.S.-based team. The solution has been field tested by thousands of MSPs, and the company has been named Best Revenue Generator seven times and Best Customer Support three times by members of ASCII. Learn more at www.intronis.com or on Twitter at twitter.com/IntronisInc.

Sign up for a no cost, no obligation trial of Intronis and read the Intronis Cloud Backup and Recovery Blog.

Press contact: Marie Rourke WhiteFox Marketing (for Intronis) Email Contact 714-292-2199

SOURCE: Intronis Inc.