Virtustream is a provider of cloud computing management software, infrastructure as a service and managed services to enterprises, governments and service providers. Virtustream was recognised as a visionary by Gartner in their 2012 infrastructure as a service magic quadrant report, which highlighted their charging based on resources used rather than allocated and their application performance APIs. The company also received the "2012 North American Hybrid Clouds Product Line Strategy Award" from Frost & Sullivan and was listed in the 2011 Red Herring Global 100, the AlwaysOn Global 250, and the 2010 Inc. Magazine Top 5000.