SolarWinds Among Top 10 Performing Cloud Stocks of 2012
Shares in SolarWinds (NYSE: SWI) — the IT management software provider for MSPs, cloud providers and data centers — ranked among the top 10 performing cloud stocks in 2012, according to MSPmentor's sister site, Talkin' Cloud. Indeed, shares of SolarWinds were up nearly 90 percent in 2012. Why's that?
Here are some tidbits of explanation: During the company's Q3 ended Sept. 30, 2012, revenues jumped 33% to $71.7 million. Admittedly, most of SolarWinds' revenues come from corporate IT sales. But the company formalized an MSP partner program in late 2011, and the MSP push continued in 2012. At the same time, SolarWinds has made advances managing virtualized environments, and Desk as a Service (DaaS) deployments.
SolarWinds' financial performance was impressive in 2012. But the company was not 2012's top-performing cloud computing stock.
So who earned that honor? For a look at last year's top 10 cloud stocks and some predictions about what the future holds for each company, jump on over to Talkin' Cloud.
SolarWinds as a company are questionable, their vision is short term and acquisitions unpredictable, take ftp recent purchase fuelled by what can only be described as an immature reaction to a certain competitor. No matter what the qtr figures show their mgmt is at best short sighted.
Techallianz: We'll be watching 2013 performance closely.
Rob: I can't really say whether SolarWinds has a good or bad long-term vision. We cover the company regularly but need to build closer relationships with SolarWinds' MSPs before I can offer you an informed response. But we'll keep working on building those relationships.
-jp
The following time I read a blog, I hope that it doesnt disappoint me as much as this one.
I mean, I do know it was my choice to learn, however I really thought youd have one thing fascinating to
say. All I hear is a bunch of whining about one thing
that you could possibly fix should you werent too busy on
the lookout for attention.