MobileIron Achieves Record Growth in 2011
Adds 435 New Enterprise Customers in Q4; Increases Annual Bookings by 400%
MOUNTAIN VIEW, Calif., Jan. 13, 2012 /PRNewswire/ -- MobileIron (www.mobileiron.com), the innovator in enterprise management and security for mobile devices and apps, today announced explosive customer growth and financial achievements for 2011. The company increased its customer base by 600% year over year including adding 435 new enterprise customers in the last quarter. MobileIron closed the year with more than 100 of the Fortune 500 and Global 250 companies as customers. Bookings grew by more than 400% year over year and the company added over 130 new employees, doubling its size.
Rapid adoption of mobile devices and applications is driving the growth of the burgeoning Mobile IT market. IDC reports that over 80 million new smartphones and tablets entered enterprises in 2011 and forecasts that number will reach over 140 million by 2013. Trends such as Bring Your Own Device (BYOD) are making iPhones, iPads and Android devices corporate standards, and IT is now required to support multiple devices and operating systems. The ubiquity of smart devices is also driving an explosion of mobile enterprise apps. Gartner predicts that by 2015, mobile application development projects for smartphones and tablets will outnumber native PC projects by a ratio of 4-to-1.
"MobileIron is the only company that was purpose-built to address the challenges Mobile IT departments are facing," said Bob Tinker, CEO of MobileIron. "Our success is due in equal parts to rigorous business execution and having a unique solution that meets the needs of an expanding market at the right time. We deeply appreciate the customers and channel partners who chose MobileIron to make their organizations successful today and keep pace with mobile innovation in the future."
2011 financial highlights:
- Grew company bookings more than 400 percent year over year
- Added 435 new enterprise customers in the last quarter
- Won more than 100 of the Fortune 500 and Global 250 companies as customers
- Expanded global install base with customers in more than 30 countries
- Increased global distribution through partnerships with 13 of the largest mobile operators, including AT&T, SingTel, SoftBank BB and Swisscom, and over 150 Mobile IT VARs around the world
2011 company highlights:
- Positioned in the Leaders quadrant of Gartner, Inc.'s Magic Quadrant for Mobile Device Management Software 2011
- Named an Innovator by Forrester in the Market Overview: On-Premises Mobile Device Management Solutions, Q3 2011
- Deployed the MobileIron Enterprise App Storefront to more than 200 enterprise companies, making MobileIron the largest Mobile Application Management (MAM) vendor
- Introduced the MobileIron AppConnect strategy, providing the best way to secure company data across the lifecycle of mobile apps
- Launched the MobileIron Connected Cloud, giving customers the choice of an on-premises or SaaS deployment
- Won the Global Telecoms Business Innovation award with partner AT&T
- Introduced MobileIron University, the industry's first training and certification center for Mobile IT professionals
- Doubled employee base by adding over 130 employees
About MobileIron
Positioned in the Leaders Quadrant of Gartner, Inc.'s Magic Quadrant for Mobile Device Management Software 2011, MobileIron is solving the problems CIOs face as business data and applications move to smartphones and tablets. The MobileIron Virtual Smartphone Platform and the MobileIron Connected Cloud are the first solutions to give IT and users real-time intelligence and control over mobile content, activity, and apps in order to secure the enterprise, reduce wireless cost, and improve the mobile user experience. For more information, please visit www.mobileiron.com.
SOURCE MobileIron
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