Appirio:

Current Situation
Company added clients and employees faster than expected Business achieved all the top line and bottom line financial targets Good media Coverage Currently growing to a $40mn company

About Appirio
Set up on the premise that companies could get more value from there systems and software by Moving their systems to Cloud Founded on 4 beliefs: SAAS will be major revolutionary trend Enterprise class IT will start to reap benefits Need to educate on cloud value proposition Guidance for CIO Dilemma:Did they catch the right segment?

Growth Story
Followed the strategy : Without baggage of hardware-provide systems solutions without the cost, complexity and rigidity of prior technology