12 Comments

Summary:

Spiceworks, an Austin startup that last week raised $16 million, has created something as revolutionary as Google in the small to medium business software market. Check out the video to learn more, and hear about the future of IT from Spiceworks’ CEO Scott Abel.

Spiceworks, an Austin startup that last week raised $16 million, has taken a Google-like approach with its business model: It built systems management software and gave it away for free, supporting the company with revenue derived from ads. The goal was to create a community of IT staff that use the software daily, as their company’s IT dashboard, and turn to one another to help solve problems.

Some 870,000 people have installed the 4-year-old company’s software, allowing it to triple its sales in the last year. But while President and CEO Scott Abel did not disclose the actual revenue figure, he did offer detail on each of its three ad-based revenue streams. They consist of display ads, sponsorships that allows a vendor to reach an audience by hosting forums, and the ability for a vendor to build an app that helps the Spiceworks audience use the vendor’s equipment better.

With the funding, which Abel says the firm wasn’t seeking, Spiceworks can accelerate its product by adding more staff to the 45-member team. Abel plans to concentrate on making the Spiceworks platform more mobile so that IT workers can provide help while on the go, as well as help them manage more mobile devices. The other focus will be on prepping the software to manage applications, platforms and infrastructure hosted in the cloud. Check out the video below for more on Spiceworks, as well as Abel’s views on the future for IT workers.

Image courtesy of Flickr user TheNixer

You’re subscribed! If you like, you can update your settings

  1. It’s bizarre that this is a Windows app.

    1. Why?

      I think it rocks :-)

      Its so easy to setup and use.

  2. Unofficial Spiceworks thoughts on Spicework’s $16 million funding | Unofficial Spiceworks Saturday, January 23, 2010

    [...] it more mobile – This is reinforced by gigaom.com and some Spiceworks staff in conversations about how the community will become more mobile with a [...]

  3. Video is missing

  4. http://www.inovahire.com , the first and only 100% FREE job board and live interview website, is now available in; USA, Canada, Germany, United Kingdom, China, India and Australia.

    Job Seekers:
    *Upload your resume and up to five work examples.
    *Search for and apply to jobs in any country.
    *Be interviewed live online via webcam (optional)
    *Dozens of additional unique features.

    Employers:
    *Upload jobs individually or upload a job xml feed (for any country)
    *Search for and find talent in any country
    *Interview job seekers live online using a webcam (optional)
    *Dozens of additional unique features.

    Thank you for your time and we hope you love the site. http://www.inoavhire.com

    Sincerely,

    Eric Schifone
    CEO, InovaHire.com
    “The best things in life are free.”

  5. I am fan of Spicework and have been using it since first launched. I believed they are moving the right direction. I will continue support them.

  6. We set this up in the office to try it out. It immediately caused numerous problems around the network, particularly with non PCs such as Printers not printing.

    So we dumped it.

    It also seemed to bog things down considerably.

    1. Sorry to hear you had problems with our software, and we’d like to help if you still need assistance.

    2. It caused problems? I’m not sure how that would even be possible… I’d suggest you’d try again.. the staff give great support if you’d give them a chance… (and no, I don’t work for Spiceworks) ;-)

    3. You may want to change the intervals of how often the network is scanned. I too experienced network latency due to high bandwidth user usage, only to top it off with the out of the box scan intervals of (I cant remember). My second approach was to immediately attack the scan section, and scan the network in pieces/ranges. I left the network health check at 15 mins, and re-scan the entire network Sunday morning at 2am. Change your approach, and you will realize what a nice software you have downloaded for free.

  7. I love Spiceworks… we’ve been using it for going on two years for our Inventory & Help Desk… it’s just freaking awesome… and Free? How cool is that!?!?!

  8. I am great fan of Spicework and i am believing their work. I think they are in direction. In GSS America some job vacancies are there. I saw in monster. All the best to Spicework.

Comments have been disabled for this post