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Peter Bauert and Parallels: Delivering the Best in Optimized Computing
Peter Bauert is known in international circles as the man instrumental in the growth of Fast Search & Transfer (FAST)’s revenue from less than $30M to almost $200M, ultimately securing an acquisition by Microsoft for $1.3 billion in 2008. He now serves as CFO and COO of Parallels, a software technology company.
Through his leadership position in Parallels, the company has grown from a promising business into a worldwide leader in the software and IT industry. It delivers the best in optimized computing through a wide range of virtualization and automation products for the benefit of over 10 million end users in 125 countries.
For more than a million Mac and PC users worldwide, the Parallels Desktop for Mac virtualization technology has been instrumental in changing the way people use computers. This innovative product has finally solved a long-standing dilemma by enabling Windows applications to run on Mac desktops. Thanks to the Parallels Desktop for Mac, consumers can enjoy the best of both worlds in one seamless machine. Parallels also provides other sophisticated virtualization solutions for more than 2 million desktops and workstations all over the globe.
With Bauert leading the general and administrative IT functions at Parallels, the company improves the way small to large-scale companies conduct their daily transactions with groundbreaking business solutions. Through optimized and high-performing desktop virtualization products, enterprises can run multiple operating systems and applications simultaneously on a single machine.
In addition to desktop efficiency, Peter Bauert and the team of software engineers at Parallels have developed a more comprehensive and cost-efficient set of technologies, products, and applications for cloud service providers and SMBs. Because of these server virtualization enhancements, cloud service providers are able to increase their offerings in their respective portfolios and create a more robust IT infrastructure for their clients. As an effect, SMBs can reduce their costs on management, security, and licensing of their server hardware.