Network Diagramming Channel Feature

Network Performance Management Company SevOne Maintains its Growth

By Anshu Shrivastava
TMCnet Contributor

Provider of network performance management SevOne, a privately held company, has announced that it maintained its growth and momentum, increasing its revenue by almost 100 percent from 1H2010.

Additionally, the company also increased its employee headcount by 75 percent year over year. Company officials said that they hired a new engineering executive to lead the expansion of its development team.

In the first half of 2011, the company announced the addition of 10 major customers to its global portfolio including two wireless carriers in Europe, a top North American cable company, and a multi-billion dollar Financial Services company.

The company reported that existing customers are also continually expanding their use of SevOne. These customers include the managed and communications services provider customers such as ACS – a Xerox Company; Comcast (News - Alert), CSC, Hawaiian Telcom, Metro PCS, and Time Warner Cable.

Additionally in the first half of 2011, SevOne also continued the geographic expansion of its Partner Program, which now has 37 regional partners, including Telonic in Germany and Terilogy in Asia Pacific.

Company officials said that from a product perspective, the company advanced its network performance management technology, meeting its customers’ growing demands for more collection and reporting capabilities. Plus, for telecommunications and cable operators, it introduced new solutions, including 4G LTE (News - Alert) and IMS performance management and Ethernet backhaul performance management solutions.

Recently, the company added Brian Harvell to its executive leadership to lead the company’s product engineering team. “SevOne has a great product, and a talented team, and I will leverage my experience building tools for some of the largest service providers in the world to make the product that much better,” Harvell said.

Earlier in June, SevOne completed interoperability testing of its SevOne Performance Appliance Solution (SevOne PAS) with Cisco Medianet Performance Monitor V2.0.

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