ClearScale, a leading cloud systems integrator and AWS Premier Consulting Partner, announced it has achieved record growth in 2020. The company will record more than a 100% increase in revenue YoY, driven by accelerating demand for the migration, modernization, DevOps, data and analytics, and machine learning services it provides for Amazon Web Services (AWS).
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In early 2020, ClearScale announced a strategic growth investment from private equity firm Cohere Capital to expand its portfolio of end-to-end cloud services. ClearScale also made key additions to its executive leadership team, positioning the company for further expansion. The company hired new leaders to head up its finance, marketing, and sales departments. ClearScale recently promoted Pavel Vasilyev to the newly created position of Vice President, Technology where he will oversee the technical strategy for the company. Additionally, ClearScale promoted Mikhail Ruchkin to Director of Information Technology and Security to lead all security services projects for ClearScale clients.
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Another pivotal initiative for the company in 2020 was the launch of its enhanced managed services offering. ClearScale Managed Services provides on-demand monitoring, remediation, and infrastructure management services for organizations on AWS.
As a result of these strategic endeavors, ClearScale significantly grew its base of customers in 2020. ClearScale has completed over 900 successful projects for over 400 customers since its founding in 2011.
ClearScale is anticipating another year of record growth in 2021, based on the escalating market potential of AWS and the public cloud industry. According to Gartner, Amazon had 45% of the worldwide Infrastructure-as-a-Service (IaaS) public cloud services market share in 2019.1 Meanwhile, IDC estimates that global spending for public cloud services will more than double between 2019 and 2023.
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