Last year
was a tough one for much of the Information Technology industry, but when Entertainment-District-based server management firm
uptime software closed its 2009 books on January 31, it looked back on a solid year. They launched up.time 5, an update on their server dashboard product, and saw their global client list grow from 580 to 700 companies. Already this year, they've added three new employees to bring their team to roughly 40 members, and a company spokesperson says he expects this year to be even better as they launch another update.
"We're in a good position, and so far we've been growing [revenue] at a clip of about 45 per cent per year" says Nick Johnson, uptime's director of marketing. This year, he says, the company has targeted matching their expansion levels from 2008, when they saw 67 per cent growth. If things go as anticipated, Johnson says the company will add "conservatively, eight-10" more new positions in 2010.
The company was
founded by three former
Sun Microsystems employees in 2001. At the time, Johnson says, most of the server management products on the market were from multinational corporations, "they were multi-million-dollar solutions." With no venture capital or outside investment, the founders built their company and financed growth through sales.
"These guys have done a good job hiring a team made up of really good talent," Johnson says, noting that all the company's development, marketing and sales is handled in-house from their Richmond Street offices. "When you bring in these types of people, they love to succeed ... and they work their butts off."
Writer: Edward Keenan
Source: Nick Johnson, Director of Marketing, uptime software