Thursday, January 26, 2012

JouleX achieves major milestones and record revenue growth for 2011

ATLANTA, USA: JouleX, a leading innovator in enterprise energy management systems for data centers, distributed office environments, and facilities, has achieved significant major milestones in 2011, including its seventh consecutive quarter of quarter-over-quarter revenue that grew at more than 40 percent compounded quarterly growth rate. This also marked a 420 percent increase in revenue over 2010.

As companies around the world embrace corporate sustainability initiatives, many are recognizing there is a vast amount of energy wasted it their IT infrastructure during unproductive and idle periods of time. In the midst of this trend, JouleX, added more than 80 new customers utilizing its JouleX Energy Manager (JEM) technology this year, bringing its total customer base to more than 150 and total installations to more than 225 globally.

“Seeing things as they could be rather than as they are is the starting point of our innovation, and 2011 was a year that proved that extraordinary demand can be created by the combination of creativity, innovation and quality,” said Tom Noonan, JouleX president and CEO.

“Identifying and reducing energy waste is a growing enterprise problem for our customers. We are fortunate that businesses have demanded a more comprehensive approach to enterprise energy management, well beyond the first generation agent-based PC power management software, making JouleX’s agentless network application approach the preferred solution for comprehensive and scalable enterprise-wide deployments.”

JouleX Energy Manager is the first network-based, agentless energy management system that dynamically measures the energy consumption and utilization of all network-connected devices and systems to provide visibility into power usage across the enterprise and autonomous control policies to help organizations identify and automatically reduce energy waste. Today, JouleX customers are using to technology to reduce energy costs by up to 60 percent.

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