Sumerian announces record 2010 and prepares for continued expansion. Significant increase in revenue, doubling of client base and acclaimed industry innovation rounds off banner year

Sumerian today announced another strong year of growth for the fiscal year ending 31 Dec 2010. The company realised a significant increase in revenue and doubled its client base fuelled by blue-chip new client wins, strong reinvestment from existing customers and acclaimed industry innovation.

Sumerian's flagship analytics quickly capture, model and analyse data from existing systems and deliver high impact, expert insight into how effectively IT is aligned to drive efficiencies and support business growth.  Sumerian creates an accurate model of all infrastructure resources and the crucial inter-dependencies between them and the business processes they support. By connecting the dots to form a joined up view of IT services, Sumerian empowers firms to accurately align IT with business performance and delivers quantified analysis to inform key operational and strategic decisions, from ongoing performance and capacity management to strategic "what if?" scenario modeling. 

Delivering a new level of IT transparency

"Many firms struggle to maintain that critical alignment between IT supply and business demand," said Calum Smeaton, CEO of Sumerian. "Sumerian clients are able to achieve a new level of transparency into their IT systems to improve performance, optimise capacity and control costs. Our ability to provide accurate, quantified insight will further fuel our growth over the coming years and enable us to continuously deliver innovative solutions for some of the most complex and sophisticated global businesses."

Sumerian's exclusive combination of intelligent analytics and expert human interpretation enables organisations to maximise existing IT investments, reduce risk and perform smart, business-transforming change.  Additional 2010 company highlights include:

• Launch of Sumerian's US operations and the appointment of Joanne Kinsella as Managing Director, Americas
• Industry recognition for Sumerian customer deployments, including the American Financial Technology award win for Best Infrastructure Initiative
• Increased adoption across multiple verticals, such as capital markets, retail banking, insurance and outsourced IT
• Selection as a finalist for the prestigious BCS and Computing UK IT Industry Awards.

Smeaton continued, "2010 was a banner year for Sumerian, and we look forward to further expansion, both geographically and across industry verticals, throughout 2011 and beyond. As global business and IT leaders continue to feel pressure to achieve more with less, Sumerian's unique brand of intelligent IT analytics gives our clients a low-risk, light touch solution that drives significant efficiencies and delivers a tangible return on investment."

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