Virtual Iron Software ( www.virtualiron.com), a provider of comprehensive server virtualization solutions for organizations of all sizes, has been nominated for Private Sector Company of the Year by the Massachusetts Technology Leadership Council. The annual Technology Leadership Awards honor Massachusetts' companies and individuals who best exemplify leadership and excellence in business and technology. The Awards recognize outstanding achievement in both the development and deployment of information technologies that address critical business issues.
Industry experts expect server virtualization software sales to grow as high as to $7 billion in 2011. Current penetration of virtualization on installed x86 servers is estimated at just 6-8% today as user adoption has been hindered by the complexity and high price of established commercial solutions. By delivering comprehensive, easy-to-use and easy-to-afford capabilities, Virtual Iron is addressing a huge gap in the server virtualization market and has quickly positioned itself as the leading solution for the untapped mainstream market. The company offers a true server virtualization solution that incorporates comprehensive and intelligent virtual infrastructure control with essential capabilities such as LiveMigrate(TM) for virtual server migration, LiveRecovery(TM) for disaster recovery and high availability, LiveCapacity(R) for dynamic CPU resource load balancing, LiveMaintenance(TM) for offline server maintenance without downtime, and LivePower(TM) for automated power usage optimization.
"The Mass Technology Leadership Council is committed to fostering entrepreneurship and promoting the success of companies that develop and deploy technology across industry sectors, and these awards are an important part of this effort," said Tom Hopcroft, executive director of the Mass Technology Leadership Council. "These honorees represent the spirit of innovation, the history of accomplishment and the future promise that define the Massachusetts technology community."
More than 160 submissions were received during the open nomination process. The Council's Board of Trustees selected the finalists and a separate group of judges will determine the final winners. The winners will be announced at the Fall Awards Gala, October 23, 2008, at the Sheraton Boston. For more information, visit
www.masstechleaders.org.