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Everything about Web and Network Monitoring

Paid Monitor Wins the Innovator’s Showcase at The 451 Group Annual Conference

Press release

San Jose, CA – November, 2009 – Paid Monitor, the leading provider of affordable, easy-to-use, 100% Cloud-based, network and systems monitoring solutions, has won the Innovators Showcase at The 451 Group 2009 Annual Client Conference held in Boston, USA held on November 3-4.

The Innovator’s Showcase highlights some of the world’s most exciting early-stage IT companies. Following a presentation to the conference, Paid Monitor was voted the most innovative new start-up by attendees, who included leading venture capital firms, investment banks and peers in the technology industry.

A key theme at the conference was computing in the Cloud and how it is changing the rules for enterprise IT. Paid Monitor, as the first and only 100% Cloud-based, enterprise-grade, all-in-one suite network and systems monitoring tools, embodies the benefits of this shift to the Cloud. In addition to freeing up massive amounts of time for IT managers who would otherwise be stuck sitting on-site with software-based systems, Paid Monitor is simple to use, employs a Software-as-a-Service (SaaS) subscription model which keeps costs low, and stops companies from having to worry about things like upgrades or server maintenance that are part of the hassle of software-based monitoring solutions.

“The cloud is the next frontier of IT operations management,” said Dennis Callaghan, enterprise software analyst at The 451 Group. “With its ability to do performance monitoring, testing and configuration management in the Cloud, and of workloads running in the Cloud, at an affordable price, we believe Paid Monitor is a company to watch in the nascent Cloud management space.”

“To be invited to compete at The 451 Group’s 2009 Innovator’s Showcase was an honor in itself,” said Hovhannes Avoyan, Paid Monitor’ Founder and CEO. “But to have over 350 opinion leaders from around the world choose Paid Monitor as the most innovative start-up for 2009 is thrilling. It’s testament to the fact that we’ve hit upon a real market need with a product that is at least a generation ahead of the competition.”

About Paid Monitor All-in-One Monitoring Platform

Paid Monitor is a 100% Cloud-based, complete, and flexible IT monitoring solution, offered on a Software-as-a-Service (SaaS) model. Paid Monitor consolidates backend monitoring, application monitoring, website monitoring, and cloud monitoring in an all-in-one, central monitoring service. The platform is easily customizable and may be used for managing of all kinds of IT assets such as websites, servers, routers, switches, VoIP devices, DNS, databases, processes and any other IP devices.  Paid Monitor provides users with a comprehensive view of their system’s health and performance.

About Paid Monitor

Paid Monitor believes that the Cloud is the biggest thing to happen in IT management since IT management. Having seen this vision early, Paid Monitor is now the global leader in developing this market.  It is the first affordable network and systems monitoring solution based 100% in the Cloud.

Besides Paid Monitor’ enthusiastic and loyal user base of 50,000 customers from small businesses to Fortune 500 companies to government agencies and educational institutions, Paid Monitor has won rave reviews from the technology analyst community for how its Cloud-based monitoring helps companies reduce system downtime, improve the productivity of their IT staff, and reduce operational expenditures.

Paid Monitor was founded in 2005 by a team of seasoned entrepreneurs and fed-up and worn-out developers who were tired of complaining about the limits of software-based tools, while inspired by the promise of the Cloud.  Headquartered in San Jose, CA, Paid Monitor is lead by a team of IT professionals with deep experience running enterprise-grade IT businesses, as well as starting and selling several IT start-ups.  Using a global workforce, particularly its R&D team based in Yerevan, Armenia, Paid Monitor is poised to move from strength to strength.  At present, it has a loyal and enthusiastic user community of 50,000, and an average month-on-month revenue growth of over 10%.

Contact:

Paid Monitor Inc.

Sales & Marketing Department

[email protected]

https://www.monitor.us

US & Canada Toll Free: +1-800-657-7949

UK + International: +44-845-527-3346

France + International: +33-48-607-9035

2880 Zanker Road Suite 203

San Jose, CA-95134

USA

Hovhannes Avoyan

About Hovhannes Avoyan

Paid Monitor CEO – Hovhannes is an international entrepreneur with a recognized and respected reputation in the high tech industry. His technical expertise, combined with his drive to build the best business/product, has positioned him as a visionary international extension of Silicon Valley.

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