Turbonomic is a resource-simulation

software Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consists ...

company headquartered in

Boston, MA Boston (), officially the City of Boston, is the capital city, state capital and List of municipalities in Massachusetts, most populous city of the Commonwealth (U.S. state), Commonwealth of Massachusetts, as well as the cultural and financ ...

and owned by IBM. The company was originally named VMTurbo.

Reception

In 2011,

Gartner Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its clients ...

named Turbonomic as a Cool Vendor in Cloud Management. In 2016, Turbonomic was listed as the top product for Virtualization Management in a report by

IDG International Data Group (IDG, Inc.) is a market intelligence and demand generation company focused on the technology industry. IDG, Inc.’s mission is centered around supporting the technology industry through research, data, marketing technol ...

and IT Central Station. Turbonomic has made five appearances to the Inc. 5000, and made the

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

Cloud 100 four times. In 2020,

Fast Company ''Fast Company'' is a monthly American business magazine published in print and online that focuses on technology, business, and design. It publishes six print issues per year. History ''Fast Company'' was launched in November 1995 by Alan Web ...

named Turbonomic to their Best Workplaces for Innovators List. The company was also deemed a Vendor to Watch in

AIOps Artificial Intelligence for IT Operations (AIOps) is a term coined by Gartner in 2016 as an industry category for machine learning analytics technology that enhances IT operations analytics. AIOps is the acronym of "Artificial Intelligence Operati ...

by Enterprise Management Associates (EMA) for its combination of abstraction, analytics, and automation engine that continually assures performance of a customer’s applications.

History

The company formed partnerships with

Cisco Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, ...

and IBM, entering into

OEM An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional or ...

agreements to bring Application Resource Management to a larger customer base. Since its founding in 2008 or 2009, Turbonomic had raised more than $250M from venture capital firms including

Bain Capital Ventures Bain Capital Ventures LLC is the venture capital division within Bain Capital, which has approximately $160 billion of assets under management worldwide. The firm's early-stage investments have included Attentive, Bloomreach, Clari, Docusign, Fl ...

and

Highland Capital Partners Highland Capital Partners is a global venture capital firm with offices in Boston, Silicon Valley, and San Francisco. Highland has raised over $4 billion in committed capital and invested in more than 280 companies, with 47 IPOs and 134 Acquisi ...

. The company's product was updated in 2017 for use with

cloud computing Cloud computing is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mul ...

platforms. The company was originally named VMTurbo and changed its name to Turbonomic in August 2017. Turbonomic acquired ParkMyCloud and

SevOne SevOne is a software company that was founded in 2005. It was named after the slang for the " severity one" performance problems network managers face. SevOne was acquired by Turbonomic in 2019. Then as part of Turbonomic, the SevOne product li ...

in 2019. IBM acquired Turbonomic on June 17, 2021. The company's product simulates

supply and demand In microeconomics, supply and demand is an economic model of price determination in a Market (economics), market. It postulates that, Ceteris paribus, holding all else equal, in a perfect competition, competitive market, the unit price for a ...

forces in order to efficiently allocate resources such as computing, database, memory and storage.

References

External links

* * * * * {{cite web , last1 = O'Brien , first1 = Ellen , first2 = Sarah , last2=Wilson , title = VMTurbo Inc. VMTurbo Operations Manager 4.1 and Storage Extension , url = http://searchvirtualstorage.techtarget.com/feature/VMTurbo-Inc-VMTurbo-Operations-Manager-41-and-Storage-Extension , date = February 14, 2014 , website = , publisher = TechTarget -- SearchVirtualStorage , accessdate = 2014-03-07 2008 establishments in Massachusetts Business software companies Cloud computing providers Virtualization software Companies based in Boston American companies established in 2008 Software companies established in 2008 Software companies based in Massachusetts Defunct software companies of the United States 2021 mergers and acquisitions IBM acquisitions IBM subsidiaries

Reception

History

References

Further reading

External links