Elastisys is proud to announce that we have been awarded a place in the prestigious list of Sweden’s 33 hottest technology companies. A place in the 33-listan is awarded by the newspapers Affärsvärlden and Ny Teknik, with the ambition to highlight the up and coming tech leaders of the next century.

Elastisys’ nomination is based on our innovative cloud automation platform, which allows application owners to provide better and more consistent user experience through intelligent automation of IT-infrastructure. Instead of constantly tweaking and balancing infrastructure capacity manually, sometimes over different cloud providers and regions depending on user location, Elastisys cloud automation platform handles the whole process.

Erik Elmroth, founder and Chief Scientist at Elastisys:

It’s great to be recognized for our vision to bring intelligent and complete automation to the world of cloud applications. In the next few years all infrastructure decision-making and operations will be done by intelligent systems and not by human operators, reducing the human risk factor, enabling instant responses and removing manual repetitive tasks.

Unique in its predictive approach to auto-scaling resources based on patented algorithms, Elastisys technology is sprung from the renowned distributed system research group at Umeå University. Elastisys cloud automation platform provides application owners with higher availability, faster application access at peak loads, cut costs and automates a lot of processes that has previously been performed manually.

The prize ceremony was held at Münchenbryggeriet in Stockholm the 4th of April 2017.

About Elastisys
Elastisys offers a management platform that gives enterprises and online service providers fast and robust IT systems that are cost and energy efficient. Features include predictive auto-scaling, monitoring, automatic failover, multi-cloud capabilities and support for Kubernetes, Docker, OpenStack and more. The technology extends on decades of internationally leading research and is unique in its predictive approach to automatically scaling resources according to future needs.

We are happy to announce that Elastisys’ autoscaling engine now is available on Canonical’s Juju platform for Ubuntu.

Elastisys has been selected as one of a few partners worldwide to be part of the initial Juju beta release. Elastisys’ autoscaling engine is now available both as a generic autoscaler that can scale all available charms on the Charm Store and as a packaged Kubernetes bundle specifically tailored to scale Kubernetes clusters right out of the box.

These offerings make it possible for enterprises worldwide to benefit from the Elastisys state-of-the-art autoscaler to improve the robustness, performance, and cost-efficiency of their services and provide a better user experience.

About Juju
Juju is an open source application modelling tool developed by Canonical, the company behind Ubuntu (the most popular operating system for cloud workloads). Applications that run on Juju are called Charms, and as part of Juju, Canonical provides users with a Charm Store, from which they can download, automatically setup and connect applications to run on a public cloud, a private cloud, or on bare metal servers.

Effects of Elastisys’ autoscaler
Elastisys’ CharmScaler rightsizes application deployments using state-of-the-art autoscaling algorithms to ensure that the application runs cost-efficiently and is responsive at all times, even in the face of sudden load spikes. This provides increased availability, saves money and most importantly provides users with a better experience. This initial Juju charm release is not as feature-rich as the Elastisys platform, however, the CharmScaler will be continuously updated and enable more of what Elastisys has to offer such as more metrics, scaling-algorithms, robustness and flexibility.

Elastisys’ CharmScaler can be used to scale any Charm in the Charm Store. To showcase the capabilities of the CharmScaler, Elastisys has also packaged an autoscaled Kubernetes cluster. It is packaged as a Juju bundle, consisting of the official Juju kubernetes bundle and the Elastisys CharmScaler, which scales the Kubernetes cluster’s worker nodes based on average CPU.

About Elastisys
Elastisys offers a cloud automation platform that provides enterprises and online service providers with robust and responsive IT systems that are cost and energy efficient. The platform automates the day-to-day operations in an intelligent way and features include predictive autoscaling, monitoring, automatic fail-over, multi-cloud capabilities and support for Kubernetes, Docker, OpenStack and more. The technology extends on decades of internationally leading research and is unique in its predictive approach to automatically scaling resources according to future needs.

Robert Winter and Simon Kollberg

Elastisys is going to Cloud Expo in London and will be represented by CEO Robert Winter and our software developer extraordinaire and OpenStack expert Simon Kollberg.

Get in touch and lets talk next generation automation and our recently released and smoking hot autoscaling charm on Ubuntu’s Juju platform!

Elastisys: From the left, Robert Winter, Emil Marklund, Peter Gardfjäll, Erik Elmroth, Simon Kollberg, Johan Tordsson (missing in picture is Ahmed Ali-Eldin)

Elastisys have completed a seed round together with Swedish investors Partnerinvest Norr, ALMI and the business angel group Northern Light Capital. As of the investment Robert Winter has been recruited as the CEO to drive sales and marketing.

“It feels great to be part of Elastisys and we are really happy about this investment” says Robert Winter. “Companies across all industries are moving to virtualized environments like public or private clouds and we will use this investment to get out there and help them provide faster and more reliable services.”

Elastisys is a spin-off from Umeå University and Europe’s largest research group in cloud management. Since 2011 the company has continued to develop their platform for automated resource management.

“We are convinced that Elastisys and the team behind the company have world class competencies in the areas of cloud automation” says Jan Snygg, Investment Manager at Northern Light Capital. “The company’s solutions with predictive auto-scaling ensure that mission critical cloud application runs cost-efficiently and are responsive at all times. There is also a big and rapidly growing global market demand.”

The new investment will be used for expansions into new markets which will require new staff both in tech and sales. Erik Elmroth, Chief Scientist, think the timing is perfect.

“The importance of intelligent, data-driven, and automatic resource management is rapidly increasing”, says Erik Elmroth. “This follows the trend of larger and more dynamic systems, such as rack-scale, software-defined infrastructures and mobile edge clouds as well as increased cloud and IoT usage. We are really happy to have secured funding to take this exciting new technology to a broader market.”

Lena Fridlund-Forsgren, Investment Manager at Partnerinvest Norr, concludes:

“Elastisys has a very scalable offering, a world class team and a huge addressable market. The demand for this kind of intelligent solutions keeps increasing and we look very much forward to working with Elastisys going forward.”

About Elastisys

Elastisys offers a management platform that gives enterprises or online service providers fast and robust IT systems that are cost and energy efficient. Features include predictive auto-scaling, monitoring, automatic fail-over, multi-cloud capabilities and support for Kubernetes, Docker, OpenStack and more. The technology extends on decades of internationally leading research and is unique in its predictive approach to automatically scaling resources according to future needs.

Target infrastructures span from individual servers to virtual network functions (VNF), rack-scale systems as well as private and public clouds, supporting IoT and cloud applications.

Read more about Elastisys at www.elastisys.com and the research group at cloudresearch.org.

For more information, please contact:

• Robert Winter, CEO, Elastisys, robert.winter@elastisys.com, 072 – 353 23 23
• Jan Snygg, Investment Manager, Northern Light Capital, jan.snygg@northernlightcapital.se
• Lena Fridlund Forsgren, Investment Manager, Partnerinvest Norr, lena@partnerinvestnorr.se