March 2022 Summaries

Vultr positions itself as an ideal partner for Managed Service Providers (MSPs) by offering an alternative to Big Tech, as highlighted during their participation in MSPWorld Spring 2022 in Orlando. Vultr emphasizes its global presence with data centers in 24 locations and provides aggressive incentives to support MSP growth. The company underscores the ease of starting with their platform and aims to offer high-performance cloud computing solutions at a lower cost compared to major players. Their involvement in events like MSPWorld and collaborations such as the MSP Zone podcast reflect Vultr's commitment to showcasing its offerings and forming strategic partnerships within the managed services industry.

Vultr has expanded its global presence by opening its 24th data center in Honolulu, Hawaii, aiming to support developers, entrepreneurs, and businesses of all sizes across the region. This strategic move allows customers to leverage Vultr's Optimized Cloud Compute instances powered by AMD EPYC™ processors and Intel Xeon CPUs, providing a blend of performance and cost-effectiveness. The launch in Honolulu is part of Vultr's broader commitment to offering ease of use, competitive pricing, and extensive global reach. The company invites managed service providers and resellers to join its Partner Program and offers businesses the opportunity to explore larger cloud deployments or migrations through free consultations with Vultr sales.

Vultr has launched a new Optimized Cloud Compute product line alongside a refreshed Cloud Compute lineup of virtual machines, offering a range of High Performance VMs equipped with 100% NVMe SSD storage and powered by 3rd Generation AMD EPYC processors. These new instances cater to various needs, from mission-critical enterprise applications to personal projects, with product lines including Optimized Cloud Compute, Cloud Compute, and Bare Metal. Optimized Cloud Compute features dedicated vCPUs for consistent performance, making it suitable for business applications, while Cloud Compute offers affordable solutions with shared vCPUs for bursty applications. The introduction of AMD processor-powered VMs marks a first for Vultr, offering up to 64 cores in a single CPU with excellent performance per core. The new product line aims to provide a more affordable alternative to big tech cloud services by offering various server types like General Purpose, CPU Optimized, Memory Optimized, and Storage Optimized, to support a broad range of workloads. Vultr's services are available globally across 24 locations on five continents, and businesses or service providers interested in the new offerings can contact sales or join the partner program.

Constant, the parent company of Vultr, has achieved a significant milestone by surpassing $125 million in Annual Recurring Revenue (ARR) without relying on venture capital, highlighting their unique bootstrapped and product-led growth strategy. Founded by David Aninowsky in 2014, Vultr has distinguished itself by offering an easy-to-use cloud computing platform at competitive prices, attracting over 1.5 million users who have deployed more than 50 million cloud compute instances globally. This success places Constant among a select group of tech companies, including Slack, Atlassian, and SolarWinds, that have reached such revenue heights without traditional sales teams or equity funding. The company credits its achievements to the support of its users, team members, and partners, and is committed to expanding its global data center presence and introducing new cloud services to maintain its momentum.

Mist.io has launched the Mist Community Edition (CE), a free and open-source multi-cloud management platform, on the Vultr Marketplace. Designed for small teams with a DIY approach, Mist CE provides a unified interface for managing diverse infrastructures, supporting technologies like public and private clouds, hypervisors, containers, Kubernetes, and bare metal servers. It facilitates common management tasks such as provisioning, orchestration, and monitoring, and includes a RESTful API for workflow integration. Users can perform lifecycle actions, manage infrastructure costs, and enforce audit logging with SSH key control. Mist CE requires a minimum setup of 8 CPU cores, 8 GB RAM, and 80 GB SSD, with scalable options depending on project size. For larger teams with more complex needs, an upgrade to Mist Enterprise Edition (EE) offers additional features like professional support, advanced access control, and Kubernetes cluster management.