2nd Watch Completes Breakout Year, Hits AWS Management Milestone

SEATTLE, WA--(Marketwired - Jan 15, 2015) - 2nd Watch, the public cloud workload management company, completed its best year yet on December 31, 2014, more than doubling bookings for the second year in a row and tripling the number of AWS instances under its management. The five year old firm, whose clients include brand names such as Adobe, Conde Nast, Diane von Furstenberg, Lenovo and Yamaha, is one of a small handful of AWS Premier Consulting Partners in the US, and the only Amazon partner guaranteeing $2K/server AWS migrations.

Amazon continues to lead the pack of public cloud infrastructure as a service providers by a wide margin. According to Amazon's most recent earnings report, AWS revenue grew nearly 40% in Q3 2014. Large companies are investing heavily in Amazon's cloud to support business-critical and customer-facing applications. The same companies are hiring third-party consulting firms like 2nd Watch to handle cloud migrations and for ongoing systems management. 2nd Watch offers financial and outcome predictability to enterprise IT departments through a combination of its managed services platform and experienced staff. The firm was highlighted by Gartner for the strength of its cloud-native approach and support for AWS in the analyst group's most recent Magic Quadrant for Cloud Infrastructure as a Service.

Enterprise public cloud adoption is on the rise, according to a recent 2nd Watch survey. The responses indicate growing confidence in public cloud infrastructure and expanding budgets for public cloud workloads. More than half (54%) of companies polled will invest 15% to 25% more in 2015 on public cloud infrastructure, and 10% will increase public cloud infrastructure budgets by 30% or more. Meanwhile, consistent cost savings derived from the use of public cloud infrastructure versus corporate-owned datacenters was cited as the biggest potential benefit to running more public cloud workloads in 2015.

"Just a great year for 2nd Watch in every respect, and particularly with regard to our ability to make public cloud migrations and workload management more predictable for our largest customers," says Doug Schneider, CEO at 2nd Watch. "Our Cloud Factory service, launched at re:Invent, guarantees $2K per server AWS migrations for a minimum of 200 servers. That kind of visibility is key to CIOs and other IT leaders as they set budgets and establish long-term plans. As we have expanded our platform and resources, I am very optimistic for 2015, and look forward to helping more companies maximize the value of their AWS investments."

A listing of notable accomplishments for 2nd Watch in 2014:

• Doubled customer base and added several Fortune 500 customers
• Averaged nearly 25% increase in instances under management per month
• Launched Cloud Factory service to ensure AWS migration cost certainty
• Raised $10 million in funding and named Doug Schneider to CEO
• Introduced CM3 delivery model to simplify customer options and pricing
• Announced partnership with New Relic to optimize analysis of AWS environments
• Initiated plans to expand California, New York, Texas and Atlanta offices, and open two additional locations

About 2nd Watch
2nd Watch is a public cloud workload management company that helps enterprises accelerate adoption of the public cloud. The company's services and tools extend and automate critical workload management processes for the public cloud, including governance, procurement, migration and administration. By combining proven methodologies, industry experts, and patent-pending automation tools, 2nd Watch is currently delivering public cloud workload automation across more than 100 enterprise customers and tens of thousands of Amazon EC2 instances. The venture-backed company is headquartered in Seattle, Washington. To learn more about 2nd Watch, visit www.2ndwatch.com or call 1-888-317-7920.