Zadara Storage Strong Momentum Accelerates with Record 2016 Results

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Worldwide Growth Validates Demand for Zadara Storage Enterprise Storage-as-a-Service (STaaS)

IRVINE, Calif. – Jan. 31, 2017 — /BackupReview.info/ — Zadara® Storage, the provider of award-winning, enterprise–class storage-as-a-service (STaaS) today announced record revenue in 2016, and records in almost every category of growth. The company’s continued success demonstrates the excellent alignment between the market requirement for OpEx-based, flexible storage solutions and the Zadara Storage Cloud Enterprise Storage-as-a-Service Solution.

Market research has predicted that the storage-as-a-service market will grow from about 16% of the overall storage market in 2016, to at least 80% by 2023 (source: IT Brand Pulse, October 2016). Zadara Storage addresses this rapid market transition by offering a unique and disruptive storage solution that is available in any location (cloud, on-premise and hybrid), supporting any data type (block, file and object), and connecting to any protocol (FC, iSCSI, iSER, NFS, CIFS, S3 and Swift).

“Market demand for enterprise storage-as-a-service was exceptional in 2016,” said Nelson Nahum, CEO and co-founder of Zadara Storage. “It is clear that the market is making a dramatic transition from traditional CapEx-based storage to flexible, scalable, elastic OpEx-based Storage-as-a-Service, and Zadara Storage is well-positioned to satisfy this demand.”

2016 highlights included:

• Zadara Storage increased its expansion rate vs. 2015, with continued exponential sales growth of more than 2.5x (3-year CAGR).
• Zadara International (non-US) sales grew 4x Year-over-Year (YoY).
• Zadara Storage average revenue per customer grew 42% Year-over-Year (YoY).
• Zadara On-Premise-as-a-Service (OPaaS) offering grew to 40% of overall recurring revenue.
• Zadara’s efficient business model enabled the company to continue its rapid growth while keeping headcount essentially flat.
• Zadara Storage expanded globally into Russia, the Czech Republic, the Netherlands, Brazil, and the Philippines, among other locations.
• Zadara Storage introduced key new functionality in 2016, including ZIOS™ Object Storage, Fibre Channel support, Large Flash Cache, and the Zadara “Cube” – a self-provisioning storage-as-a-service array available directly from the AWS marketplace. Revenues for the Zadara Cube more than doubled each month since its introduction in June.
• Zadara Storage took the industry-leading position of announcing SSD storage services that are priced below HDD storage services.
• Zadara Storage expanded its multi-cloud capability by adding Google Cloud Platform to the existing list of AWS, Microsoft Azure and other supported cloud service providers.
• Zadara Storage continued to be recognized for its innovation and leadership by receiving 12 new awards and accolades, including TechTarget/Storage Magazine Product of the Year, Red Herring Top 100, Flash Memory Summit Best of Show, IT Brand Pulse Market Leader (5 categories), IT Brand Pulse “Industry First” for On-Premise as-a-Service, Entrepreneur 360, and Cloud Computing Backup and DR award.

Click to Tweet: .@ZadaraStorage Continues Momentum with Record 2016 Results! #ZadaraCloud – http://bit.ly/ZadaraMomentum2016

About Zadara Storage
Zadara® Storage offers enterprise Storage-as-a-Service (STaaS) through the award-winning Zadara Storage Cloud. It can be deployed at any location (cloud, on-premise or hybrid), supporting any data type (block, file and object) and connecting to any protocol (FC, iSCSI, iSER, NFS, CIFS, S3, Swift). The VPSA® Storage Array service provides enterprise SAN and NAS while the ZIOS™ service delivers private object storage. Zadara provides resource isolation, exceptional data security, and management control. Zadara is available via OPaaS (On-Premise-as-a-Service) and through a variety of partners including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform and others. Learn more at www.zadarastorage.com, Zadara’s Blog, LinkedIn and Twitter.

Contacts
Zadara Storage Media Contacts (A3 Communications):
US: Mary Kae Marinac, 978-685-3136
mkm@mkmarinac.com
or
EMEA: Federica Monsone, +44 (0) 1252 875 203
fred.monsone@a3communications.co.uk

Source: Zadara Storage

Tags: Zadara, Zadara Storage