INFINIDAT Continues Sales Momentum, Reports 183% Growth in Q4
New customers in expanding global regions account for 50% of Q4 sales
INFINIDAT, a leading provider of enterprise data storage solutions, today announced that the company delivered 183 percent quarter over quarter sales growth in Q4 2015, and 331 percent year over year growth in 2015. Due to the company entering new markets and broadening its global reach, new international customers accounted for 50 percent of sales in Q4 and 32 percent overall in 2015. INFINIDAT also shipped 200 percent more capacity in 2015 than in the previous year.
“Our exponential rate of growth continues despite the universal decline in sales across the storage market,” said Moshe Yanai, INFINIDAT Founder and CEO. “Since we started shipping the InfiniBox™ enterprise storage array, customers have conveyed to us the business impact that’s resulted from our ability to solve their most complex data growth challenges. We are providing them with the high performance, reliability, scalability, and reduced total cost of ownership they need to fully exploit their data and more effectively compete in the market.”
INFINIDAT continued to expand its reseller and distributor channels in Q4, capturing over 49 percent of Q4 sales from the channel. INFINIDAT signed agreements with 25 additional resellers and distributors in Q4, increasing its list of global channel partners to 129. New channel partners added globally include Arrow Electronics in Australia and Computacenter in Europe.
INFINIDAT achieved significant sales traction in key vertical markets in Q4, reporting that 34 percent of sales were to leading firms in the finance sector, 18 percent were in healthcare and life sciences, and 18 percent were in the technology services sector. INFINIDAT added several brand name customers in Q4, including Health Data Innovations, BrightSolid, Helios IT, Yeo Tech, Nxtra Data, and Meitav Dash.
INFINIDAT’s 2015 global expansion included opening offices across Europe and Asia Pacific, including the UK, the Netherlands, Sweden, Australia and Japan. In the coming year, the company plans to more than triple the office space of its U.S. headquarters and other locations globally.
“With the explosion of data in our business, we have real storage problems to solve to remain competitive,” said Maher Atwah, CTO at Health Data Innovations, Inc. “Maintaining performance and reliability at scale, without breaking the bank, is a major challenge for most storage vendors. We chose INFINIDAT because they proved that they really can solve these big storage issues and provide the capacity, performance, reliability and ease of management that we need.”
“General purpose enterprise storage has always had to deliver extremely high reliability and availability, and as vendors transition to platforms that can effectively leverage flash media, achieving that has been a challenge,” said Eric Burgener, research director in the storage practice at IDC. “INFINIDAT leverages a unique hybrid design that is configurable to consistently deliver flash performance where needed, while at the same time providing cost-effective capacity against the very large data sets most enterprises are dealing with today – all with seven nines of reliability. INFINIDAT’s ability to deliver performance and capacity flexibility at scale cost-effectively is resonating with customers – the company delivered very strong triple digit growth in 2015, and has an equally aggressive outlook for 2016.”
Key contributors to INFINIDAT’s momentum were the numerous accolades received in the past year, including:
- Storage Awards – Storage Magazine “Value for Money” Award – 2014
- Gartner Cool Storage Vendor – April, 2015
- CRN – The 10 Coolest Storage Startups of 2015 December, 2015
- Gartner Magic Quadrant 2015 – Named Visionary, October, 2015
- Bostinno’s 50 on Fire –Finalist, October, 2015
- SearchStorage 2015 Storage Products of the Year – Finalist – January, 2016
Companies who acquire, store and analyze the most data achieve the greatest competitive advantage. INFINIDAT helps clients achieve competitive business advantage at a disruptive price point by delivering 1M IOPs of performance, 99.99999% reliability and over 2 PBs of capacity in a single rack. Automated provisioning, management, and application integration provide a system that is incredibly efficient and easy to deploy and manage. INFINIDAT is changing the paradigm of enterprise storage while reducing capital requirements, operational overhead, and complexity. INFINIDAT: Storing the Future.
For more information on INFINIDAT and its next-generation enterprise storage products, visit INFINIDAT.com.