From the Wires
Actifio Closes 2012 with Record 700% Year-Over-Year Growth
Jan. 7, 2013 08:13 AM
Actifio™,
the radically simple copy data storage company, today announced that it
closed 2012 with 700% year-over-year bookings growth. The company
reported record growth from all major geographies including North
America, Europe, the Middle East, Israel and Asia/Pacific; and its tenth
consecutive quarter of double-digit sequential growth driven by market
demand for better tools to manage the unchecked copy data growth, which
is at the core of most enterprise customers’ storage explosion.
Organizations of all sizes – from the Fortune 1000 to the enterprise
mid-market – are now adopting Actifio’s radically simple solution,
replacing traditionally siloed backup, snapshot, disaster recovery,
business continuity, and development & test applications with a single,
purpose-built copy data storage system, letting them recover anything
instantly for up to 90% less.
Actifio is now the fastest growing enterprise storage firm from
inception ever, and also reported additional 2012 milestones:
-
Six consecutive quarters of quarterly year-over-year growth over 500%
-
62 new transactions in the fourth quarter 2012 each averaging over
$210,000
-
Direct sales operations now in 16 countries
-
New customers in key regions such as United Arab Emirates, Israel,
Australia, Japan, Canada and the United Kingdom
-
Continued momentum in the reseller channel with 84% of revenue
delivered by the global partner ecosystem
-
Over 100 referencable users in 5 global regions
Market research firm IDC has estimated that the copy data problem
targeted by Actifio represents a $34 billion market opportunity around
the world. Organizations today make many duplicate copies of the same
electronic data to analyze, share, and protect their businesses from the
combined threats of infrastructure failures, regulatory compliance, and
natural disasters. Traditional model has been to deploy disparate tools
with silos of duplicated infrastructure, storage and operations
personnel. The cost of these efforts often represents a larger share of
total revenue than net profits, consuming massive amounts of capital and
operational resources.
While a range of market solutions have emerged to treat the symptoms
of the copy data explosion, Actifio’s breakthrough copy data storage
solutions are the first to cure the disease, employing
virtualization technology to efficiently manage data through it’s
lifecycle by capturing only changes and reusing a single copy of
production data for multiple business applications. The resulting system
is so efficient, it allows IT teams to recover important data – even at
multi-Terabyte scale – within seconds rather than hours or even days.
“It’s not uncommon for our customers to learn they’re supporting 10, 25,
even 150 excess copies of the data they need to protect, and that
they’re spending a small fortune to do so” said Actifio Founder & CEO
Ash Ashutosh. “Just 3 years ago we set out to find a better way, to
bring enterprise data management into the 21st century and in
the process put control back into the hands of our users. With a growing
base of happy customers and a world-class team that now circles the
globe, we are well on our way to building what we believe will be the
next great enterprise technology brand.”
About Actifio
Actifio is radically simple copy data management. Our copy
data storage platform lets businesses recover anything instantly,
for up to 90% less. Actifio eliminates siloed data protection
applications, virtualizing data management to deliver an
application-centric, SLA-driven solution that decouples the management
of data from storage, network and server infrastructure. Actifio has
helped liberate IT organizations and service providers of all sizes from
vendor lock-in and the management challenges associated with exploding
data growth. Actifio is headquartered in Waltham, Mass., with offices
around the world. For more information, please visit http://www.actifio.comor
email info@actifio.com.
###
Copyright © 2013 Actifio, Inc. All Rights Reserved. All other brand
names, product names, or trademarks belong to their respective holders.
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