Zadara Storage Grew Revenue 3X Y/Y in 2015

Zadara Storage Ltd. announced record revenue in 2015.

The company’s success can be attributed to delivering solutions in a market that is in a significant transition from CapEx-based storage to one dominated by OpEx-based storage-as-a-service. Zadara Storage offers capabilities that address this market transition, such as enterprise-grade storage-as-a-service – in the cloud, on-premise and in hybrid configurations.

Industry research has shown that the storage-as-a-service market will grow from about 10% of the overall storage market in 2015, to at least 80% by 2023 (source: IT Brand Pulse, October 2015).

“2015 was a record year for Zadara Storage, both in terms of revenue and customer adoption,” said Nelson Nahum, CEO and co-founder. “We are seeing an increasing demand from customers of all sizes for flexible, agile, enterprise storage-as-a-service. Zadara has responded to this market need with award-winning solutions in the cloud, on-premise and in hybrid configurations. We are continuing to innovate and invest to maintain our leadership position in this large and rapidly growing market.”

2015 highlights included:

• Grew sales more than 3x Y/Y.
• International (non-US) sales grew 4x Y/Y.
• Customer base grew 45% Y/Y.
• On-Premise as a Service (OPaaS) offering, introduced in Q4 2014, grew to 26% of overall sales.
• Expanded globally into Germany, China, Australia and South Korea, among other locations.
• Introduced key new functionality including enhanced capabilities for service providers, support for Docker Containers via Zadara Container Services (ZCS), and backup to S3 compatible storage (B2S3).
• Continued to be recognized for its innovation and leadership receiving 10 new awards and accolades, including the Frost & Sullivan Innovation Leadership, UK Cloud – Storage Product of the Year, CRN Emerging Vendor, Cloud Computing 2015 Backup & DR, IT Brand Pulse “‘On-Premise Storage as a Service’ Market Leadership, Red Herring Global 100 and the Dell founder’s 50.