SOURCE: Spiceworks

Spiceworks

October 09, 2012 10:30 ET

Spiceworks Achieves Profitability and Strengthens Position as World's Largest IT Community

One in Three SMB IT Professionals Now in Spiceworks, Managing Nearly $400 Billion in Technology Spend Each Year

AUSTIN, TX--(Marketwire - Oct 9, 2012) - Today at the sold-out, fifth annual SpiceWorld user conference, Spiceworks™, Inc. CEO Scott Abel shared details on a number of important company milestones and accomplishments from the past year. Key highlights include growth of the Spiceworks Community to 2.2 million IT professionals and more than 1,200 technology vendors, and users have spent more than 3 billion minutes in Spiceworks this year. The company has also achieved profitability on an EBITDA basis through strong growth from products that help technology vendors reach and connect with IT professionals.

"In 2006, we bet that consumer web models would work for the business market," said Scott Abel, co-founder and CEO of Spiceworks. "By offering the industry's first ad-supported IT management software application, we created the world's largest community for IT professionals and technology vendors, which has allowed us to build a successful, high-growth business with multiple revenue streams."

Community Growth and New Technologies Offer Opportunities for Technology Vendors

The Spiceworks Community has grown to 2.2 million IT professionals who have spent more than 3 billion minutes in Spiceworks in 2012. IT pros in Spiceworks will manage nearly $400 billion in technology products and services spend this year, up from $293 billion a year ago.

Half a million IT pros have joined Spiceworks in the past year with more than 2,000 new users joining each day. SMB IT pros use Spiceworks to manage more than 130 million computers and devices, up from 97 million a year ago. Today, they support more than 71 million workers in 1.3 million companies.

To help IT pros simplify their day-to-day lives, the company introduced Spiceworks 6.0 in July, which includes automated cloud services discovery features, an agent for remote devices, and a new social IT knowledge base. New tablet applications for Apple iPad and Google Android-based devices were introduced in September to give IT professionals the ability to manage their environments on the go. Over the next year, new features that support cloud environments, mobile devices and IT service providers will be important focus areas for the company.

Growing List of Technology Brands Turn to Spiceworks to Connect with Buyers

Technology vendors of all sizes are taking advantage of Spiceworks' reach into the global SMB market. To date:

  • More than 1,200 technology companies now participate in Spiceworks. The number of vendors with a Spiceworks Vendor Page has nearly tripled in the last year.
  • Spiceworks Vendor Pages have been followed 1.7 million times, up from 300,000 just a year ago. 
  • The Spiceworks "follow button" is now used on more than 100 technology websites, helping technology brands expand their reach outside of Spiceworks.

Spiceworks continues to develop the technologies vendors need to connect with their customers and understand their standing in the SMB market. For example, the company today announced the Spiceworks Dashboard, a free tool that gives IT vendors an at-a-glance view of what IT professionals are saying about their products and services and the moves competitors are making within the world's largest IT community.

About SpiceWorld
Now in its fifth year, the sold-out SpiceWorld user conference draws attendees from small and mid-sized businesses around the world, including more than 450 in-person attendees and another 6,000 attending the event through live video feeds. The event features break-out sessions, expert discussions and topics voted on by the Spiceworks Community. Sessions include in-person talks with Spiceworks' founders and product developers, top technology vendors and industry experts. SpiceWorld keynote and general sessions can be viewed online at http://community.spiceworks.com/group/show/470-spiceworld/Spiceworld-live-stream. SpiceWorld sessions for technology marketers can be viewed at: http://community.spiceworks.com/group/show/16-marketing/SpiceWorld-for-marketers-live-stream

About Spiceworks
Spiceworks connects 2.2 million IT professionals with more than 1,200 technology brands to simplify how IT professionals discover, buy and manage nearly $400 billion in technology products and services each year. Headquartered in Austin, Texas, Spiceworks is backed by Adams Street Partners, Tenaya Capital, Institutional Venture Partners (IVP), Shasta Ventures and Austin Ventures. For more information visit http://www.spiceworks.com

Follow Spiceworks on Twitter: http://twitter.com/spiceworks. Connect with Spiceworks on Facebook: http://www.facebook.com/Spiceworks. Search for available career and networking opportunities on LinkedIn: http://www.linkedin.com/companies/spiceworks

Spiceworks is a trademark and Voice of IT is a registered trademark of Spiceworks, Inc. All other names may be trademarks or registered trademarks of their respective owners.

Contact Information

  • Media Contact:
    Adam Schaeffer
    Spiceworks
    Email Contact
    (512) 628-8293