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Power Assure Selected by AlwaysOn as One of the AlwaysOn Global 250 Companies to WatchRecognized for Creating New Opportunities in the Global Silicon Valley (July 19, 2012)
SANTA CLARA, CA -- (Marketwire) -- 07/19/12 -- Power Assure®, Inc., a data center infrastructure and energy management solutions provider, today announced that it has been chosen by AlwaysOn as one of the AlwaysOn Global 250 Companies to Watch. Inclusion in the AlwaysOn Global 250 Companies to Watch signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Power Assure was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Power Assure and the AlwaysOn Global 250 Companies to Watch will be honored at AlwaysOn's tenth annual Innovation Summit at the Computer History Museum on July 23rd, 2012.
This two-day executive gathering that highlights the significant economic, political, and commercial trends affecting the global technology industries. Innovation Summit's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.
"With a quickly maturing mobile and on-demand market, opportunities for technology innovation are opening up almost faster than entrepreneurs can respond. Application developers are now bringing their disruptive skills to the corporate and enterprise world, giving scope and purpose to users in the business world. Coupled with a massive smartphone and tablet adoption, the opportunities for this year's up-and-comers are unlimited," says Tony Perkins, founder and editor of AlwaysOn. "This explosive market is being driven in large part by the companies that made this year's AlwaysOn Global 250 Companies to Watch list. We congratulate the AlwaysOn Global 250 Companies to Watch, companies that our editors believe represent some of the highest-growth opportunities in today's private company marketplace."
The AlwaysOn Global 250 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2012 list.
Power Assure's secure, cloud-based EM/4 solution provides historical, real-time and forecasts of power consumption, allowing data center operators to use exactly the power they need, whenever and wherever they need it. Power Assure leverages its unique "run-book" automation technology to automate virtually any process within and across data centers to increase efficiency and reduce power costs, while increasing overall reliability. Power Assure has seen 4-5x increases in efficiency through automating processes, with an associated reduction in power costs.
A full list of all the AlwaysOn Global 250 winners can be found on the AlwaysOn website at:
"Power Assure provides software that not only measures data center performance, but also provides tools to improve efficiency, specifically a sophisticated automation system that links IT, facilities and operations to increase utilization up to 80% while providing higher availability through fewer errors and improved failover processes," said Brad Wurtz, president and CEO of Power Assure. "We are pleased to receive this distinction as recognition of our game-changing approach to building a truly intelligent data center."
About Power Assure (www.powerassure.com)
Power Assure is a leading developer of Data Center Infrastructure and Energy Management software for large enterprises, government agencies, and managed service providers. Power Assure's solutions provide visibility, intelligence, analytics and automation to help CIOs, IT directors, and facilities managers optimize capacity, service levels, and power consumption within and across data centers. Headquartered in Santa Clara, CA, the company is privately held with funding from ABB Technology Ventures, Dominion Energy Technologies, Draper Fisher Jurvetson, Good Energies, Point Judith Capital, and a grant from the Department of Energy. Power Assure partners include ABB, Cisco, Dell, IBM, In-Q-Tel, PARC, Raritan, UL and VMware.
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, IMPACT Venture Summit Mid-Atlantic, Venture Summit East, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.
Power Assure is a registered trademark of Power Assure, Inc. All product names and references remain the trademarks or registered trademarks of their respective owners.
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