Cloud Technology Partners Launches: Corporate Mission is to Transform Businesses Using Cloud Solutions

BOSTON, MA – January 31, 2011 – Cloud Technology Partners Inc. today announced the official launch of the company and its mission to transform businesses using cloud solutions.  From strategic transformational consulting to application implementation, CTP provides enterprises with solutions to plan and execute migration of business processes, applications and data to private, public or hybrid clouds.

The company’s Founder and CEO, Chris Greendale , is a highly respected industry visionary with an impressive track record of identifying and leveraging emerging technology and business transformation waves.  Prior to founding Cloud Technology Partners, Greendale was one of three founders of Cambridge Technology Partners (CTP), a systems integrator focused on transforming applications from mainframe to client-server systems.  CTP grew rapidly to over $850M in revenue and was one of the most successful IPOs of the 90’s with a market cap of over $5B.  Greendale then founded the extremely successful Breakaway Solutions in 1997, an integrator focused on Internet driven e-commerce solutions.  Breakaway also enjoyed an incredible IPO with a market cap of over $7B.  After Breakaway, Greendale worked as a venture capitalist for seven years.

“Cloud Technology Partners has entered the market at an ideal time,” said Jeffrey M. Kaplan , Managing Director, THINKstrategies (www.thinkstrategies.com).  “Our research supports the conclusion that while the industry has fully accepted the concepts of virtualization, service oriented architectures (SOA) and utility computing – in other words cloud computing – the sheer number of choices, combined with confusion in regards to how all the pieces fit together, has hampered progress.”  He continued, “Customers would prefer to work with a highly-experienced and trusted advisor who can help plan and deploy a complete turn-key solution.”

“Building private, public or hybrid clouds is a complex matter, especially as so much of this technology is still in the formative stages,” said Arun Taneja , Founder and Consulting Analyst, The Taneja Group (www.tanejagroup.com).  “However, regardless of a technology’s development stage – for the same reason you bring in a vendor-agnostic consulting company to assess your storage infrastructure, which subsequently makes recommendations for the most effective solution for you, you want an independent third party to design your transition to cloud.  Or, be prepared to build a one-vendor solution and be tied to it for years to come.”  He continued, “I highly recommend that you get a view that is broader than any one company’s.  cloudTP’s microscopic focus on cloud makes them a very good candidate.”

“Cloud computing is the largest IT wave I have seen in my career – by a factor,” said Greendale.  “It represents a fundamental shift in the way enterprise computing is being done today and how it will be done into the foreseeable future.”

Greendale continued, “It has become clear that cloud computing significantly reduces costs, increases flexibility and responsiveness and accelerates business growth.  However, the truth is that ‘getting from here-to-there’ remains a bit of a mystery for even the most technology savvy executives.  Cloud Technology Partners intends to change all that.  Our highly experienced team will leverage our unique methodology to understand the client’s business and goals and then create a tailored cloud strategy and roadmap that includes a detailed transformational plan.  From there, cloudTP will work with the client to implement the solution, as required.”

Greendale noted, “Through equity investments from angel and strategic investors, we have ample funding to support our growth plans for 2011 and beyond. Their support has been gratifying.”

In addition to Chris Greendale , Cloud Technology Partners’ founding team includes:

  • Erik Sebesta , Chief Architect and Technology Officer (experience includes Cambridge Technology Partners / Novell)
  • Jon Rounds , Chief Operating Officer (experience includes Health Dialog, Fidelity, Citibank, and Boston Consulting Group)
  • Jim Lampert , Sales and Marketing (experience includes Global Green Consulting Group, StorageNetworks, eDocs, and EMC)
Greendale concluded, “We see a tremendous opportunity to lead industry transformation and innovation using cloud solutions.”

About Cloud Technology Partners

Cloud Technology Partners helps companies plan, design and build cloud solutions for applications and infrastructures that reduce IT costs, streamline operations and accelerate time to market. With a comprehensive cloud-focused service portfolio and targeted methodologies and tools, Cloud Technology Partners enables the world’s leading businesses and institutions to innovate through cloud computing. Engagement expertise includes cloud strategy consulting, private cloud deployment, systems integration, application development and migration, and cloud security and governance. Headquartered in Boston, the company’s investors include select angels, State Street Bank and Greylock Partners.

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Kate Holderness

Corporate Media Relations
Hewlett Packard Enterprise
corpmediarelations@hpe.com

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