INFINIDAT Reports 60% Quarter Over Quarter Growth in Q2
Also Achieves Over 100% Sales Growth in Q2 2016 Versus Q2 2015
INFINIDAT, a leading provider of enterprise data storage solutions, today announced its Q2 2016 results, reporting over 60 percent quarter over quarter sales growth. The company also achieved 100 percent sales growth in Q2 2016 over Q2 2015. INFINIDAT continued to forge reseller and distributor partnerships in Q2, capturing over 50 percent of its revenue through the channel.
INFINIDAT’s Q2 customer wins for the InfiniBox™ enterprise-proven storage system doubled the number of wins achieved in Q1. The company closed new deals with several existing customers and added numerous new brands to its customer roster. One of INFINIDAT’s existing Fortune 500 customers in the financial services sector has continued to order new storage arrays over the past year and is now up to 25 petabytes of InfiniBox storage spread across multiple sites.
“Our message of flash-optimized storage innovation is resonating, especially with enterprise customers who require performance, capacity and reliability at a reasonable cost,” said Moshe Yanai, INFINIDAT Founder and CEO. “We’ve assembled the top sales, engineering and service teams in the storage industry, who are collaborating tirelessly with customers and partners to deliver a high performance, scalable and reliable storage solution to meet enterprises’ business needs.”
INFINIDAT continued to achieve significant sales traction in key vertical markets in Q2, reporting that 32 percent of sales was to leading firms in the finance sector, 28 percent was in technology, telecommunications and cloud services, and 24 percent was in healthcare and life sciences. INFINIDAT added several new customers in Q2, including BT (world-leading communications services provider), HMSA/Hawaii Medical Service Association (health insurer), Triple C (cloud services provider), and Credit Andorra (financial services).
Two of INFINIDAT’s recently-implemented customers have commented on the value InfiniBox has already provided in their environments:
“With InfiniBox, we’re obtaining the high performance and exceptional reliability we need to meet our technology goals,” said Michel Danon, senior vice president and chief information officer at HMSA. “At the same time, we’re getting the best overall storage pricing and exceeding our cost objectives.”
“InfiniBox has delivered the outstanding performance we require as we serve some of the most data-intensive industries, such as energy,” said Richard Higgs, CEO at Brightsolid. “Flexibility is one of our key priorities and the scalability of the InfiniBox platform meets this requirement, particularly where customers need to quickly spin resources up and down depending on business demand and budget.”
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 2.7 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.