Grid Dynamics Named "Cool Vendor" by Leading Analyst Firm

FREMONT, Calif., April 28, 2011 /PRNewswire/ -- Grid Dynamics, the authority on cloud computing and enterprise systems scalability, today announced it has been included in the 2011 list of "Cool Vendors" in the "Cool Vendors in Infrastructure Services, 2011" report by Gartner, Inc.

Grid Dynamics offers unparalleled expertise in creating scalable and elastic applications and infrastructure for mission-critical business functions. The company leverages its team of highly skilled architects, engineers and mathematicians to help its customers transform their core processes and systems through emerging technology.

"We feel Grid Dynamics' inclusion in the Cool Vendor report confirms the need for the kind of innovative solutions we provide that empower our customers by unlocking the potential of highly scalable solutions to enhance business performance," said Stan Kitsis, Director of Marketing at Grid Dynamics. "Cloud computing represents the next major step in the evolution of IT, and with the assistance of our solutions, progressive companies are able to leverage the tremendous potential and ROI that cloud computing can offer."

Gartner Cool Vendors are evaluated by Gartner's team of expert technology analysts based on their combination of innovation, impact on business and level of intrigue.

"These providers are part of the major evolution of infrastructure services, and each of their offerings shows key characteristics of the industrialization of infrastructure services -- from remote service delivery, elasticity of cloud solutions or third-party support for traditional enterprise software." The report further states: "While their installed base, customer portfolio and generated revenue are still limited in some cases, we believe they effectively represent the category of innovative players that, beyond 2011, will continue to support the evolution of the infrastructure service market, driving many traditional players to adopt new delivery and engagement models."

For more information on Grid Dynamics' cloud architecture and scalability solutions, visit www.griddynamics.com

About Grid Dynamics

Grid Dynamics helps companies achieve better performance, higher availability, faster time-to-market and lower operational costs by scaling mission-critical systems. Using the latest advancements in grid and cloud computing technologies, the company helps customers turn monolithic applications into scalable services; and static, underutilized server clusters into virtualized compute clouds. www.griddynamics.com

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

SOURCE Grid Dynamics