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Infinidat With 144% Y/Y Growth

From FY15 to FY16

Infinidat Ltd. ended fiscal 2016 with record year-over-year global revenue growth.

The rise in demand is based on the increasing need for faster access to greater volumes of data for advanced analytics on real-world workloads particularly in data-driven key vertical markets such as healthcare, financial services, telecommunications and cloud services.
 
As evidence of the company’s 144% year-over-year global growth and growing customer base, Infinidat is changing the traditional storage array to exceed the needs of ever-changing and increasing workloads including AI and machine learning with its flash-optimized storage solution.

2016 was a significant year for Infinidat, our customers and partners, including the overall enterprise storage market,” said Moshe Yanai, Infinidat founder and CEO. “Today’s world is fueled by data, and companies across every industry are struggling to effectively manage the massive volume and changing nature of data for actual value creation for their customers. At Infinidat, we’ve solved this challenge with a next generation approach. Our solution provides the industry’s highest performance, reliability, scalability, and reduced TCO needed to fully exploit data in a way that enables organizations to better position themselves for the next evolution of business. We are happy to see that our solution is resonating with the market and are looking forward to another remarkable year.”

Ships over an exabyte of capacity
In 4Q16, Infinidat released version 3.0 of its InfiniBox flash-optimized storage system. To date, the company has now shipped over an exabyte of capacity with the InfiniBox. New features include scalability to multiple petabytes of effective storage capacity in a single rack-faster than all-flash performance for real-world workloads and enhanced performance analytics, further enhancing the system’s ability to handle data at scale.
In recent customer benchmarks, the flash-optimized InfiniBox storage array proved to be faster than all-flash arrays with real-world, mission critical workloads. InfiniBox 3.0 contains patented algorithms that automatically keep the hottest data on the fastest media at all times, and with as much as 3TB of DRAM and over 200TB of flash, both reads and writes are optimized.

The company has 125 filed patents, with 65 granted to date, 14 of which were granted within the last year.

International expansion, customer growth and vertical alignment
In addition to innovation acceleration, Infinidat expanded its global footprint with momentum in France and Germany, while the UK closed 2016 with a 374% Y/Y growth.

The company opened offices across EMEA, AsiaPac and North America, including its new North America HQs located in Waltham, MA.

The company showed continued strength across all vertical market segments in 2016 with 42% of total bookings coming from new customers. Infinidat made significant strides in healthcare and life sciences adding customers such as the University of Rochester Medical Center (USA). Other new customers in 2016 include Cedacri S.p.A. (Italy) and Progressive A/S (Denmark).

Our job is to provide HA and quick response data to our healthcare system providers around the clock,” said Rodney Wicks, senior SAN Engineer, University of Rochester Medical Center. “We chose Infinidat as our next generation storage platform to help us meet some of our performance and reliability goals that are demanded by our users and patients.

Gartner names Infinidat Visionary second year in a row
Gartner named Infinidat a Visionary in its 2016 Magic Quadrant for General-Purpose Disk Arrays for the second year in a row.

The company was also awarded Boston Properties’ Innovation in Design Award for new HQs in Waltham, MA.

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