Thursday, September 25, 2014

Thinspace Technology, Inc. (THNS) Sees 871% Increase in Net Revenue

Headquartered in Port Orange, Florida and with offices in the UK, Canada, and India, Thinspace Technology is a global provider of application delivery, desktop virtualization, and cloud client technology solutions. Thinspace Technology’s offerings are deployable to organizations of all sizes within the public and private sectors.

In a recent headline, Thinspace Technology reported some noteworthy results for Q2 2014. The company’s net revenue for this period was $2.59 million, up 871% from $267,000 in Q2 2013 and 230% from $784,000 in Q1 2014. Gross profits for the quarter were estimated at $865,000.

The news comes on the heels of other company developments, including Thinspace’s sales reach-extending acceptance into Amazon Web Services’ global partner program and the appointment of veteran global technology expert Chris Bautista as new company CEO. Bautista draws upon a background in management consulting and technology expertise. Most recently he served as a principal at Infosys Limited, the innovator behind what is known today as the global delivery model of technology solutions. Bautista’ past experience includes positions at Andersen Consulting, now known as Accenture, and at Diamond Technology Partners, now known as PwC.

In another move for bolstering its efforts, Thinspace Technology earlier this year created a technical advisory board, with experienced professionals Ben Charian, Julian Levy, and Claudio Rodrigues as its first members. With these experts’ insights and guidance, Thinspace aims to garner further market traction and stand out from competitors in its target markets.

Thinspace Technology currently has over 5,000 enterprise clients worldwide. Its public and private sector clientele include NASA; PwC; Deutsche Bank; Toyota; federal, state, and local government agencies; universities and schools; and housing associations. With its wide scale of application delivery, desktop virtualization, and cloud client technology offerings, Thinspace emphasizes ease-of-use, flexibility, and affordability in the technology solutions it delivers to its client base.

For more information, visit: www.thinspace.com

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