Tom Paine
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We've heard a good deal about Dell Boomi's progress over the past few years, but not too much in terms of hard numbers, which were mostly buried in the results of Dell's overall
software group (when it was public). But
a recent report by the respected 451 Group's Carl Lehman (pdf), reposted on Dell Boomi's website, provides some insights.
Its report, presumably based on information provided to it by Dell Boomi, says it currently has around 100 employees and plans to have about 150 on staff by year end. (
Dell Boomi's LinkedIn page shows 67 employees, 31 in the Philly area.) Revenue distinct to Boomi was not reported, but the unit did say susbcription revenue grew at an average rate of 68% per quarter over the past 12 months (not sure if that's over prior year or over prior
quarter).
Dell Boomi also said the year over year platform usage grew by a factor of 13, from 35 million integration processes a month a year ago to 450 million now.
The 451 Group says Boomi's AtomSphere has become "an iPaaS reference architecture of sorts" that other vendors are trying to emulate, and that this along with growth in customers and usage positions AtomSphere as an iPaaS leader. While its MDM (Master Data
Managment) offering, which competes with market leader Informatica, is still maturing
and is mostly in trial right now, it has promise. Other new tools in its recent Spring
release include message queing. The 451 Group also expects API management to be another
important feature for Dell Boomi in the next few quarters.
Perhaps the top two competitors to AtomSphere are MuleSoft and Informatica Cloud, the 451 report says. There are others, including a Red Hat entrant and SnapLogic.
Dell Boomi today announced a
new NetSuite OpenAir Connector, a tool that helps simplify integration processes with one of Dell Boomi's most important long-time partners.
Dell acquired Berwyn-based Boomi, co-founded by Rick Nucci with Bob Moul later joining then-CTO Nucci as GM, in 2010. Michael Dell, in his comments, has frequently touted Boomi as a key to Dell's software strategy. The sale price was never announced, though the most credible report I saw put it in the $60 million range.
Dell Boomi's current GM is Chris McNabb, who like Moul came from SunGard's Higher Ed business, now part of Ellucian.
