Turbonomic

{{Infobox company

| logo =

| name = Turbonomic

| type = Subsidiary

| foundation = 2008

| location_city = Boston, Massachusetts

| location_country = United States

| key_people =

| industry = Virtualization
information technology

| products = Virtualization management software

| revenue =

| parent = IBM (2021–present)

| subsid = {{Hlist | SevOne | ParkMyCloud }}

| homepage = {{URL|https://www.ibm.com/products/turbonomic}}

}}

File:TurbonomicOffice2.jpg

Turbonomic is a resource-simulation software company headquartered in Boston, MA and owned by IBM. The company was originally named VMTurbo.

History

The company formed partnerships with Cisco{{Cite web|last=Kuchipudi|first=Bali|title=Cisco Announces Intersight Workload Optimizer|url=https://blog.turbonomic.com/cisco-announces-intersight-workload-optimizer|access-date=2020-11-19|website=blog.turbonomic.com|language=en}} and IBM,{{Cite web|date=2020-05-27|title=IBM to OEM Turbonomic's Application Resource Management|url=https://www.businesswire.com/news/home/20200527005198/en/IBM-to-OEM-Turbonomic%E2%80%99s-Application-Resource-Management|access-date=2020-11-19|website=www.businesswire.com|language=en}} entering into OEM agreements to bring Application Resource Management to a larger customer base.

Since its founding in 2008{{cite news |url=https://www.forbes.com/sites/petercohan/2013/07/23/vmturbos-tripling-revenues-are-ibms-loss/ |title=VMTurbo's Tripling Revenues Are IBM's Loss |date=23 July 2013 |work=Forbes |accessdate=3 August 2016}} or 2009,{{cite news |url=https://www.forbes.com/sites/danieldambrosio/2019/02/21/boston-startup-raises-150-million-to-supercharge-apps-running-in-the-cloud/#30637df591b7 |title=Boston Startup Has Raised $150 Million To Date To Supercharge Apps Running In The Cloud |date=February 21, 2019 |work=Forbes |accessdate=March 29, 2019}} Turbonomic had raised more than $250M from venture capital firms including Bain Capital Ventures and Highland Capital Partners.{{Cite web |url=https://www.forbes.com/companies/vmturbo/ |title=VMTurbo #52 on Forbes America's Most Promising Companies |website=Forbes |access-date=}}

The company's product was updated in 2017 for use with cloud computing platforms.{{cite web|url=http://fortune.com/2017/06/06/startup-guides-customer-tech-choices/|title=Startup's New Software Tells Your Tech Where to Go|date=June 6, 2017|publisher=|accessdate=March 28, 2019}}

The company was originally named VMTurbo and changed its name to Turbonomic in August 2017.{{cite web|url=http://www.vladan.fr/vmturbo-becomes-turbonomic/|title=Why VMturbo becomes Turbonomic? - ESX Virtualization|date=18 August 2016|publisher=|accessdate=27 August 2016}}

Turbonomic acquired ParkMyCloud{{cite news |url=https://www.bizjournals.com/washington/news/2019/05/10/parkmycloud-has-been-bought-by-a-well-funded.html |title=ParkMyCloud has been bought by a well-funded Boston firm |last=Medici |first=Andy |date=May 10, 2019 |publisher=Washington Business Journal |accessdate=September 16, 2024}} and SevOne{{cite press release |url=https://www.businesswire.com/news/home/20191104005984/en/Turbonomic-Acquires-SevOne |title=Turbonomic Acquires SevOne |agency=BusinessWire |date=November 4, 2019 |accessdate=September 16, 2024}} in 2019.

IBM acquired Turbonomic on June 17, 2021.{{Cite web|title=IBM to Acquire Turbonomic Building Industry's Most Comprehensive AIOps Capabilities for Hybrid Cloud|url=https://newsroom.ibm.com/2021-04-29-IBM-to-Acquire-Turbonomic-Building-Industrys-Most-Comprehensive-AIOps-Capabilities-for-Hybrid-Cloud}}{{Cite web|title=IBM Closes Acquisition of Turbonomic to Deliver Comprehensive AIOps Capabilities for Hybrid Cloud|url=https://newsroom.ibm.com/2021-06-17-IBM-Closes-Acquisition-of-Turbonomic-to-Deliver-Comprehensive-AIOps-Capabilities-for-Hybrid-Cloud}}{{cite web |last=Bernard |first=GIllis |title=VMTurbo Will Move to Back Bay & Bulk Up Team in 2014 |url=http://bostinno.streetwise.co/2014/02/11/vmturbo-moves-from-burlington-mass-to-bostons-back-bay-in-april/ |publisher=BostInno |accessdate=7 March 2014 |date=February 11, 2014}}{{cite web|work =CRN|title =Sources: VMware Sets Sights On Startup VMTurbo As Cloud Management Battle Heats Up|date =30 October 2015|url =http://www.crn.com/news/cloud/300078670/sources-vmware-sets-sights-on-startup-vmturbo-as-cloud-management-battle-heats-up.htm}}

The company's product simulates supply and demand forces in order to efficiently allocate resources such as computing, database, memory and storage.{{cite web

| title = Company Overview of VMTurbo, Inc.

| url = https://www.bloomberg.com/Research/stocks/private/snapshot.asp?privcapId=62444964

| publisher = Bloomberg L. P.

| accessdate = 2016-08-08

}}