Tag Archives: George Slessman

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IO Receives Patent for Software-Defined Modular Data Center

IO, a worldwide leader in software-defined data centers technology, services, and solutions, today announced it has been granted a new patent by the U.S. Patent and Trademark Office for the company’s software-defined modular data center.

U.S. Patent 8,733,812 defines the technology necessary for a modular data center with intelligent management, monitoring and control mechanisms. The powerful combination enables enterprises to improve operational efficiency with insightful analytics. This patent adds to the collection of intellectual property rights IO has accumulated through its advanced research and development work.

IO’s purpose-built modular data centers now serve as the industry’s benchmark for software-defined data centers. Equipped with the IO.OS® data center operating system, IO’s modules enable enterprises to measure utilization and manage energy consumption of all IT-related equipment and facility infrastructure components.

“At IO, we believe the status quo must be challenged and IT must be reinvented to build a sustainable and secure future for our customers,” said George Slessman, chief executive officer and product architect at IO. “This modular data center patent represents an important achievement for IO’s purpose-driven people and customers.”

The full breadth of IO’s work is being substantiated in a broad, global patent portfolio that puts the company in a strong position to serve the market.

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IO Expands into Asia Pacific Markets

IO, the Phoenix-based global leader in software-defined data centers, today launched its Asia Pacific operations with Singapore as regional headquarters. This initiative advances the company’s committed expansion strategy to serve its global customers in one of the fastest growing markets in the world.

IO chose Singapore to address customer demand for software-defined data centre technology in the Asia Pacific region. The Republic provides a robust partner ecosystem, business-friendly environment, global talent and advanced technology infrastructure that strongly position IO to meet the needs of the world’s most demanding clients.

At launch, IO has in place all the facets of the business – customers, technology innovation, ecosystem partners and talent – to position the company for regional success. As part of its long-term, strategic technology partnership with IO, Goldman Sachs is utilising the IO Intelligent Control platform at IO Singapore, the company’s first modular software-defined data centre outside North America.

Earlier this year, IO established a distribution partnership with Tractors Machinery International Pte. Ltd in Singapore, Malaysia and Brunei, and at the Singapore Innovation Forum in June, the company announced an engineering partnership with McLaren Applied Technology. IO has attracted top-caliber executive talent for its Asia Pacific operations, led by Adil Attlassy, Executive Leader, Global Operations of IO and Peter Goh, Group Leader, APAC of IO.

From its base in Singapore, IO will deliver Data Centre as a Service (DCaaS™), using the company’s software-defined data centre technology: IO.Anywhere® and IO.OS®. The IO Intelligent Control platform improves data centre agility, reliability, security and sustainability. It has achieved MAS Certified Green® certification, demonstrating ability to provide customers with highly-energy efficient and sustainable data centre infrastructure. IO DCaaS enables software-defined cloud deployments at any scale so customers deployonly the data centre capacity needed to support their business applications, while also having the agility to add more capacity quickly and without interruption to operations.

“We warmly welcome IO’s decision to expand its software-defined modular data centre business in Singapore. IO’s data centre and technology will add to the vibrancy of the infocomms ecosystem here, and reinforce Singapore’s position as a data management hub,” said Mr. Jayson Goh, Executive Director of Infocomms and Media of the Singapore Economic Development Board (EDB). “We are confident that IO will be able to leverage Singapore’s market connectivity, global talent and business-friendly environment to enhance the delivery of technology to its clients.”

“IO’s long-term commitment to the Asia Pacific markets and to Singapore is demonstrable by the significance of our presence in Singapore. In preparation for our launch, IO has developed a world-class team of people, critical regional ECOSYSTEM partnerships, a centre of excellence for innovation in sustainability and most significantly, the deployment of the IO Singapore software-defined data centre,” said George Slessman, IO Chief Executive Officer and Product Architect. “The incredible growth of Singapore and the region is awe-inspiring, and we are proud to be a part of this extraordinary opportunity and community.”

According to Forrester Research, clients in Asia Pacific face increased pressure to build and run their IT systems in a sustainable and green manner. Forrester has forecasted that data centre services growth in the region would more than double GDP growth from 2010 to 2015, at 23% CAGR, with demand fueled by a need for reliable and cleaner power, escalating real estate costs, and a desire to move from fixed to circulating capital operating models. Forrester’s research shows that more than half of Asia Pacific firms want to move from capital expenditures (capex) to an operational expenses model (opex), and that third-party data centre providers are able to provide cost savings to both the CIO (in terms of immediate savings in the IT budget) and the CEO/CFO of the business (in terms of decreased risk of downtime).

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Established CFO Brings Tech Experience to IO

IO, a global leader in software-defined data centers, today announced Michael Berry has joined the company as Chief Financial Officer. Mr. Berry will be responsible for financial planning and analysis, accounting, operations, treasury activities and investor relations, and will report to CEO and Product Architect, George Slessman.

“I am very happy to have Mike join IO,” said Slessman. “His experience as a proven operational leader and technology executive will support IO’s growth and provide a solid financial and operational foundation for the organization.”

Berry joins IO from SolarWinds, a publicly held international provider of IT management software with approximately $300 million in annual revenue and over $3.5 billion in market capitalization where he was Executive Vice President and CFO.  He overhauled the company’s financial planning process and was instrumental in completing ten acquisitions and leading the maintenance renewal team to strong and consistent revenue growth. From a financial perspective, during Mr. Berry’s tenure the company achieved non-GAAP operating profit of greater than 50 percent for eleven straight quarters, and increased operating cash flow by 33% while growing total revenue by 28% on an annualized basis. Prior to SolarWinds, Berry was CFO at i2 (NASDAQ: ITWO), a publicly held, international provider of supply chain software and services. At i2, he rebuilt and scaled the finance and investor relations organizations, led the implementation of several financial planning systems, and played a key role in several strategic initiatives including the acquisition of i2 in January 2010 by JDA Software.

“I could not be more excited about joining IO,” said Michael Berry, IO’s new CFO. “Our leadership position in the foundation technology of the cloud, visionary leadership, marquis enterprise customers and disruptive technology, combined with my experience building the financial and operational foundation for proven technology companies, is a once in a lifetime opportunity.  It is truly a great fit that aligns very well with my personal and professional goals and objectives.”

Prior to his CFO experience, Berry served in various executive roles at The Reynolds and Reynolds Company, a provider of software and services to the retail automotive industry, most recently as Senior Vice President of Solutions Management, Development and Operations. He has also held executive management positions at Comdata Corporation and Travelers Express Co. (now MoneyGram International). Berry is currently a Member of the Board of Directors and Audit Committee Chairman for Rapid7, a privately-held security software company based in Boston, Mass.

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IO CEO Honored by Goldman Sachs for Entrepreneurship

Goldman Sachs recognized IO CEO George Slessman as one of the top 100 entrepreneurs of 2012 at its recent Builders & Innovators Summit in Newport Beach, California.

Goldman Sachs selected Slessman as one of 100 leaders from multiple industries to be honored at the event. Slessman has been an executive in the data center industry for over a decade and a technology leader and entrepreneur for more than 15 years. In this brief period of time, he has founded and successfully exited several technology businesses, inventing and delivering transformational software, hardware and clean energy technologies for the benefit of enterprise, government and service provider customers. In addition to being recognized as a thought leader in the technology industry that solves problems for customers, his companies have organically created over a billion dollars of value for his investors to date.

“I am humbled to be included in this summit,” said Slessman. “This is truly an acknowledgement of the extraordinary people, organizations, and customers that I have had the privilege to learn from and work with in my own professional journey.”

“We are honored to recognize George Slessman as one of the top 100 most innovative entrepreneurs in the technology industry,” said David Solomon, co-head of investment banking at Goldman Sachs. “This inaugural event brought together emerging entrepreneurs paired with seasoned entrepreneurs from a diverse set of industries to discuss how to build great and enduring companies that reshape industries and the world through innovation.”

For more than 140 years, Goldman Sachs has been advising and financing entrepreneurs as they launch and grow their businesses. In addition to honoring 100 entrepreneurs, the conference included general sessions and clinics led by Goldman Sachs experts and resident scholars.

IO designs, engineers and delivers data center infrastructure for the world’s largest enterprises, governments and service providers. IO owns and operates data centers for hundreds of customers, and has leveraged this experience to build a next-generation Data Center 2.0 cloud enabling technology platform. IO.Anywhere modular data centers provide enterprise-class infrastructure that can be delivered as DCaaS and rapidly deployed as a product to customer sites anywhere in the world. IO developed the first data center infrastructure operating system, IO.OS, to provide the intelligent control needed to maximize utilization, resiliency and energy efficiency. IO is a privately held company headquartered in Phoenix. For more information on IO, please visit us on the web at .io.com