300% Revenue Growth in 2015 for Cloudian

Cloudian, Inc. released its 2015 business highlights and outlined its areas of focus for 2016.

HyperStore appliance

The company reported a breakout year, which included 300% revenue growth, driven by a doubling of its customer base and fivefold increase in storage within its object storage solution, HyperStore.

2015 company’s business highlights:

• 300% growth in HyperStore revenue from a doubling of the customer base

• Amount of data stored in HyperStore storage systems grew fivefold

• The firm was awarded five technology and storage industry awards including modern infrastructure Best Software-Defined Infrastructure

• Customers selected HyperStore as their storage technology choice nine out of ten times when evaluating object storage solutions

• The company continued its record of zero customer churn by focusing on customer support and satisfaction as well as product innovation

“With an estimated 4000 ISVs supporting the S3 protocol, S3 is now the de facto standard for object storage. Enterprises are recognizing the importance of S3 compatibility, and in 2015, because of our 100% compatibility, we won 90% of competitive evaluations,” said Michael Tso, co-founder and CEO, Cloudian. “A solution that is not 100% compatible exposes an enterprise to significant issues, such as appliction re-use, performance, scalability, and vendor lock. An enterprise would not buy a 60% compliant NFS, so why buy a 60% S3 solution?“

“We are pleased, but not surprised, that the market is responding so well to our S3 compatibility as the easiest and most robust way to store and manage data from their diverse business applications,” said Paul Turner, CMO and technology evangelist, Cloudian. “Cloudian is setting the pace for the new era of software-defined storage, or as we see it: smart storage.“

In 2015, the firm released two major versions of its HyperStore software, and a family of petabyte scale appliances, which extended firm’s market feature set and eased adoption for customers preferring an integrated hardware and software solution. The company introduced a money back satisfaction guarantee for its 100% S3 compatibility. To further scale sales and implementation capabilities, the firm increased the number of reseller and technology partners worldwide to over 50, including Cisco, Dell, Intel, Lenovo and QCT (Quanta cloud Technology). The firm grew its support team in the U.S., Japan and Europe to ensure 24/7 customer support in all geographies.

“Our customers continue to praise our support team, with one customer stating we are the best they have seen from any storage vendor,” continued Tso. “For this reason and many more, we had zero customer churn in 2015 and all our customers are growing their storage under HyperStore management.“

Enterprises, particularly those in life sciences, IoT, media and entertainment, and financial services, are experiencing tremendous big data growth, driving the need for highly scalable, secure, reliable, and cost-effective storage technologies. In 2016, the company will continue to innovate the HyperStore platform to meet these big data needs, and invest in sales, marketing, and support. Firm’s customers and partners will continue to choose HyperStore as their object storage platform to meet the business and IT needs of the global economy.