Infinidat Reports 331% Growth in 2015

INFINIDAT Ltd. delivered 183% quarter over quarter sales growth in Q4 2015, and 331% year over year growth in 2015.

Due to the company entering new markets and broadening its global reach, new international customers accounted for 50% of sales in Q4 and 32% overall in 2015.

It also shipped 200% 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 TCO 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% of Q4 sales from the channel. It 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, Computacenter in Europe and SCSK in Japan.
 
INFINIDAT achieved significant sales traction in key vertical markets in Q4, reporting that 34% of sales were to firms in the finance sector, 18% were in healthcare and life sciences, and 18% were in the technology services sector. It 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 AsiaPac, 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. HQs 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, 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, 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.”