SOURCE: OpenLogic

February 23, 2009 07:00 ET

OpenLogic Continues Record Growth

Enterprise Demand for Consolidated Support and Governance for Open Source Software Fuels Growth

BROOMFIELD, CO--(Marketwire - February 23, 2009) - OpenLogic, Inc., a provider of enterprise open source software solutions encompassing hundreds of open source packages, today announced results of 2008 that showed enterprises continued to adopt open source software throughout the Fall and into 2009.

"Economic pressures are fueling continued growth in the adoption of open source software," said Steven Grandchamp, CEO at OpenLogic. "Although many open source vendors have seen an uptick in interest -- we think one of the driving forces in our growth is the recognition that consolidating support contracts with one vendor, who taps the open source community to provide that support, is a cost effective, smart approach."

OpenLogic provides a wide range of community-backed support offerings and services to help enterprises cost effectively procure and use open source software. OpenLogic now provides enterprise support, backed by leading developers, and indemnification for 500+ open source packages.

In 2008, the top five packages that OpenLogic sold support contracts for were:

-- Tomcat support

-- Apache HTTP Server support

-- JBoss Application Server support

-- MySQL support

-- PostgreSQL support

With a focus on providing consolidated support and SaaS-based governance tools for open source software, OpenLogic saw strong results in 2008:

-- Strong revenue and customer growth: 2x increase in the number OpenLogic enterprise customers in 2008 -- with over half of these new customers coming on board in the second half of 2008. OpenLogic now serves more than 75 enterprise customers.

-- Accelerating interest in OpenLogic solutions: OpenLogic received more than triple the number of inbound sales leads in the second half of 2008 over the first half of 2008. More than half of all new deals came from inbound leads from enterprises actively shopping for open source support.

-- Broad industry penetration: OpenLogic continued to see success across a variety of industries, including financial services, manufacturing, technology, telecommunications, healthcare, and retail.

-- Growth in financial services business despite the economic downturn: OpenLogic saw significant growth in business with financial services sector -- with more than a dozen new customers. Most of that growth was in Q3 and Q4 showing that financial services continue to invest in open source despite the downturn.

OpenLogic Provides Consolidated Open Source Support:

Through the OpenLogic Expert Community, OpenLogic provides SLA support for more than 500 open source packages. This allows large enterprise users of open source to get support across all of their open source packages with one support contract. OpenLogic's internal support engineers are backed by open source committers and contributors from the OpenLogic Expert Community as well as open source vendor partners.

OpenLogic Reduces Costs and Accelerates Innovation Through Open Source Governance:

OpenLogic's SaaS-based open source governance solutions give enterprises the controls needed to manage and mitigate potential risks without creating unnecessary barriers to adoption. OpenLogic's open source governance solutions are centered around the web-based OpenLogic Exchange (OLEX) Enterprise Edition, which integrates open source policy enforcement, online approval processes, and an audit trail with the OpenLogic Certified Library of enterprise-ready open source software.

OpenLogic's Certified Library Keeps Growing:

Over the last year, OLEX (olex.openlogic.com) has also grown the number of OpenLogic-certified projects to more than 500. Popular new projects include Artifactory, ClamAV and proFTP. Each certified project on OLEX has passed a 42-point certification process to ensure it is ready for enterprise use. OpenLogic also provides detailed information on each project and sells indemnification and community-backed support on each certified project in its library.

OLEX Extends Library to 130,000+ Open Source Projects:

For the first time and due to requests from enterprise users -- OLEX has recently started enabling customers to freely research software from a repository of more than 130,000 active open source packages. The software repository aggregates information from several well known open source repositories including SourceForge.net, FreshMeat, Objectweb and RubyForge. OpenLogic filters projects to eliminate obsolete or inactive projects.

About OpenLogic

OpenLogic is a leading provider of open source solutions that enable enterprises to safely acquire, support, and control open source software. OpenLogic provides enterprises with a certified library of open source software that encompasses hundreds of the most popular open source packages via OpenLogic Exchange (OLEX), a free web site where companies can find, research, and download certified, enterprise-ready open source packages on demand. With the broadest open source coverage in the industry, OpenLogic offers indemnification; updates; and enterprise-grade technical support backed by the OpenLogic Expert Community. OpenLogic also provides solutions for open source governance and to automate the integration and deployment of open source components -- reducing the risk and maximizing the cost savings associated with using open source software. For more on OpenLogic, go to www.openlogic.com.

Contact Information

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