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Company closes fiscal year with thriving global customer base, dwindling cash burn, and expanded product portfolio as it focuses on delivery of Enterprise Data-as-a-Service
BOSTON, MA – Feb. 28, 2017 — /BackupReview.info/ — Actifio, the Enterprise Data-as-a-Service company, today announced an impressive close to its fiscal 2017, having exceeded major financial and operational targets while strengthening its leadership position in the market. Customers now use Actifio to manage over 250 Petabytes of application data, and over 6 Exabytes of logical data, seamlessly across their on-premises data centers, public cloud service providers and over 120 managed service providers (MSPs) worldwide including Sungard Availability Services, CenturyLink, NTT Data, and Verizon Enterprise Solutions. Other business highlights include:
Powering both the expansion and dramatic productivity gains were a series of product innovations that drove the company’s intellectual property portfolio of issued or filed patents to 51. Over the last 12 months, Actifio released the largest set of platform enhancements in the history of the company – many industry firsts – addressing scalability, performance, and strategic requirements of global enterprises looking to accelerate digital transformation.
Actifio is now the world’s leading Enterprise Data-as-a-Service (EDaaS) platform. It enables thousands of users around the world to deliver their data just as they deliver their applications and infrastructure… as a service available instantly, anywhere. An enterprise-class software platform powered by patented Virtual Data Pipeline™ technology, Actifio frees data from traditional infrastructure to accelerate adoption of hybrid cloud, build higher quality applications faster, and improve business resiliency and availability.
As more global enterprises leverage a data-as-a-service model, leading industry analysts have taken notice. Gartner defines this growing business and technology trend in their recently published “Hype Cycle for Information Infrastructure, 2016” (July 2016):
“Data-as-a-Service (DaaS) is a design approach or a style of information architecture geared toward transformation of raw data into meaningful data assets for agile/timely data provisioning, and the delivery of these data assets on demand via consistent, prebuilt access, with the aid of standard processing and connectivity protocols. Originating data remains local to its storage platform and, following various steps to access, format, evaluate and possibly even contextualize it, is presented as output for use in a subsequent process or delivery endpoint.”
Among enablers of the DaaS model, only Actifio is:
“We started last year with the goal of becoming a real business,” said Ash Ashutosh, Founder and CEO of Actifio, “meaning one that is not only growing but scaling sustainably over time. The results we’re sharing today provide positive proof of our progress in achieving this goal, and set up a 2017 we believe will see us established as the data platform of choice for the enterprise-class hybrid cloud architectures that will dominate the next generation of information technology.”
To read more on Actifio’s recent announcements visit the website, here – https://www.actifio.com/company/news-press/press-releases/
To learn more about Actifio’s EDaaS solutions read Ash’s blog, here – https://goo.gl/cW7Vjs
Download the EDaaS whitepaper, here — “Enterprise Data-as-a-Service
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