Nine Lives Media Names Abacus Group To the Talkin' Cloud 100
by Abacus Group, on May 30, 2012
Nine Lives Media Names Abacus Group
To the Talkin’ Cloud 100
Second-Annual Report Lists the World’s Top 100 Cloud Service Providers (CSPs)
New York, NY, May 30, 2012 - Abacus Group, a leading provider of hosted IT solutions for hedge
funds and private equity funds, ranks among the world’s top 100 cloud service providers (CSPs),
according to Nine Lives Media’s second-annual Talkin’ Cloud 100 report. The top 100 CSPs
generated more than $2.3 billion in combined cloud services revenues for 2011, up nearly 46
percent from 2010, according to the Talkin’ Cloud 100 report, which is available now by visiting this page.
This year’s Talkin’ Cloud 100 report (formerly the Talkin’ Cloud 50) has been expanded to
include:
Cloud service providers -- companies that offer IaaS, PaaS and/or SaaS
Cloud aggregators -- companies that offer online marketplaces for sourcing cloud
applications, platforms and/or infrastructure
Cloud brokers -- companies that recommend a range of cloud applications for customers
Cloud integrators -- companies that link multiple cloud services into a customer solution
VARs (value-added resellers) with cloud services expertise
MSPs (managed service providers) with cloud services expertise
Abacus provides top tier, new and emerging hedge funds and private equity funds with a cost
effective, cloud-based solution that empowers them to focus on their core business without
sacrificing performance, security, and the resiliency of their technology and operations. Abacus
has achieved 100% client growth over the last 12 months, with a considerable increase of live
users on the Abacus private cloud. Such explosive growth showcases how hedge funds are
increasingly partnering with outsourced service providers – particularly in light of mounting
regulatory requirements.
“We are proud to be recognized by Talkin’ Cloud as one of the top 100 cloud service providers.
This achievement is a reflection of Abacus’s year of innovation and growth,” said Chris Grandi,
CEO, Abacus Group. “By partnering with Abacus and joining our private cloud, firms gain a cost
effective solution that empowers them to focus on their core business without sacrificing
performance, security, and the resiliency of their technology and operations.”
The Talkin’ Cloud 100 report is based on data from Talkin’ Cloud’s online survey, conducted
January through April 2012. The Talkin’ Cloud 100 report recognizes top cloud service providers
based on such metrics as annual cloud services revenue growth (both in actual dollars and in
percentage growth rates).“Nine Lives Media and Talkin’ Cloud congratulate Abacus Group,” said Amy Katz, president of Nine Lives Media, a division of Penton Media. “The Talkin’ Cloud 100 honor arrives amid a land grab in the cloud computing market. And the Talkin’ Cloud 100 companies are leading that land grab.”
Talkin’ Cloud, produced by Nine Lives Media, is the go-to resource for CSPs, VARs and MSPs
profiting from cloud computing. Talkin’ Cloud features a daily blog, research, Channel Expert
Hour Webcasts and FastChat videos. It is the first online media destination for channel partners
working in the cloud.
About Abacus Group LLC
Abacus Group LLC is an IT solutions firm focused on helping hedge funds and private equity
funds deploy and manage hosted IT solutions. Our objective is to provide investment managers
and technology executives with solutions to improve their IT service experience. Abacus has
developed a scalable, redundant and highly available IT platform to allow investment managers
to run all of their technology as a service. The days of purchasing new hardware every few years
are over. Abacus manages mirrored data centers throughout the US and provides cost effective
and efficient solutions. Firms connect to their IT applications and data through high speed
circuits with minimal onsite equipment.
For more information, please visit http://abacusgroupllc.com/.
About Nine Lives Media
Nine Lives Media, a division of Penton Media, defines emerging IT media markets and disrupts
established IT media markets. The company’s IT channel-centric online communities include
MSPmentor (www.MSPmentor.net), The VAR Guy (www.TheVARguy.com), Talkin’ Cloud
(www.TalkinCloud.com), VARtweet (www.VARtweet.com) and MSPtweet
(www.MSPtweet.com).
For more information, visit www.NineLivesMediaInc.com.
Contacts:
Articulate Communications
Jennifer Harlan
212.255.0080 or abacus@articulatecomms.com
Nine Lives Media
Joe Panettieri, Editorial Director
212-204-4206 or joe@ninelivesmediainc.com
