AccelOps Nearly Doubles Revenue in Year Over Year Growth

AccelOps Nearly Doubles Revenue in Year Over Year Growth

By Steve Anderson

AccelOps has been widely regarded as a leader when it comes to integrated security information and event management (SIEM), but there are some new numbers emerging that show just how much of a leadership role AccelOps is taking. Those numbers are making it quite clear that there's quite a bit of room in the SIEM market and that for now the company is at least high up on, if not outright king of, that particular hill.

The recently emerged numbers show that AccelOps nearly doubled its revenue in a year over year comparison of the quarter ending December 31, 2012 and the same quarter a year prior, bringing in a 90 percent revenue increase. AccelOps is continuing to see growth in several key sectors including its managed service provider section as well as an overall increase in total order size in many subsectors like its healthcare operations, manufacturing services, and its government and financial operations.

AccelOps' President and CEO, Flint Brenton, shined a little more light on AccelOps' impressive success, saying, “AccelOps is unique among IT operations management tools because it monitors all aspects of the IT infrastructure – physical, virtual, on-premise and cloud-based – in a comprehensive 'single pane of glass' view that supports network and security administrators as well as business line managers in real time. Cloud security is a growing concern for service providers and user organizations alike. We are helping both constituencies gain the security and operational visibility they need to ensure control and compliance as they reduce their costs.”

The combination of more orders coming in managed service provision and larger orders across the waterfront is bringing together an increased level of success for the entire company. It's not surprising to see more companies take an interest in AccelOps' lineup of offerings, especially as they take a closer look at the security in their operations. Since AccelOps allows many aspects of security to be controlled from a single platform as opposed to requiring multiple platforms, it allows for security as good as or even better than currently enjoyed, while also allowing for reductions in redundancy. AccelOps' systems are also reportedly extremely efficient when it comes to spotting patterns in large volumes of data, allowing companies to improve data flow through the organization as well.

When the whole picture is considered, it makes a great deal of sense why AccelOps is doing as well as it is, both in the immediate sense with analysis of the numbers and in the greater sense with a look at what may be driving those numbers. At any rate, the point is quite clear that things are looking very good for AccelOps indeed, but how long will it be before other firms come into the market with an eye toward pulling some of that business into their own ledgers?

Edited by Jamie Epstein
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Contributing Writer

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