Cloudistics

4.6★★★★★(10 reviews)

2000 Edmund Halley Dr Suite 600, Reston, VA 20191

Reston, Virginia, United States

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Business facts

Estimated annual revenue~$72.8M
Estimated employees~45
Annual payroll (2020)~$6.1M
In business since2017-09-20
Based on reported payroll data

Contacts

Area statistics (20191)

Population29,758
Median household income$139,932
Source: US Census ACS

About

Cloudistics is a software company that is revolutionizing infrastructures with their superconverged enterprise cloud platform, Ignite. This platform converges network, storage, compute, and virtualization into a unified appliance managed from the cloud, delivering the agility and economics of the public cloud while addressing enterprise requirements. Their goal is to democratize IT through high-performance software that simplifies and optimizes infrastructure, allowing businesses to focus on their IP instead of IT. Cloudistics enables enterprises and service providers to deliver cloud services with unprecedented simplicity and predictable economics and performance.

Wheelchair Accessible
Parking, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$49.0M2019
~$53.2M2020
~$59.1M2021
~$65.4M2022
~$69.2M2023
~$72.8M2024
Modeled from category averages for the region+8.2%/yr since 201980% confidence band: ±68%

Company profile

Employees (reported band)15-17
Facility size~8,000 sq ft
Observed

Property

Lot size5.12 acres
CountyFairfax
On this lotshared with 11 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$1.3M · 47 jobs reported · implies ~$6.1M annual payroll
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Virginia3,515~$28.3B~$8.1M~$1.7M5.0★44×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure46 chains expanding in this category, led by Phone Fix, Walmart Connection Center, Metro by T-Mobile (+1,563 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)306~$1.5B~$4.8M~$1.2M2,554~$365.8M62×
Wholesale and retail trade; repair of motor vehicles and motorcycles45~$656.8M~$14.6M597

1 km area (all businesses): median from the 240 of 306 businesses with estimates

Estimate

Area conditions (20191)

Population29,758 ±1,674
Median household income$139,932 ±$7,146
Median home value$582,400
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS
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