SANpulse Grows Revenue 280% in 1H10
Compared with 1H09
This is a Press Release edited by StorageNewsletter.com on July 16, 2010 at 3:33 pmSANpulse Technologies, Inc. revenues grew 280% in the first and second quarters of 2010 compared against the same time period in 2009.
This growth results from continued Fortune 500 enterprise adoption of the company’s SANlogics solution to simplify and automate storage migration and data center consolidation. In response to this growth, SANpulse has expanded U.S. operations, grown its management team with seasoned technology veterans and advanced its technology platform.
"We are embarking upon a major growth trajectory fueled by our innovative, multi-vendor solution that can meet the increasing demand to simplify and accelerate storage migration, consolidation and infrastructure optimization," said Peter Mehta, CEO of SANpulse. "To complement our technology, SANpulse has built the strategic ingredients for continued success through the addition of a very talented management team and operational structure."
Technology Milestones and Customer Adoption
SANpulse has yielded exceptional revenue growth as Fortune 500 enterprises seek efficiencies to reduce IT-related operational and capital expenses using the SANlogics solution. In 2010 SANpulse reached new technology deployment milestones, transforming and optimizing more than 25,000 servers attached to over 40 PB of data. To further support customer requirements, the company’s solutions were enhanced in 2010 with the addition of key modules such as the SANpulse Audit Repository. Supportability for HP and IBM storage arrays was also added, increasing interoperability for deployment in some of the world’s largest IT environments.
Internal Infrastructure Expansion
In response to increasing customer demand, SANpulse has expanded its U.S. headquarters in Jersey City, N.J. and increased sales presence with locations in Tampa and Dallas and new U.S. and European channel partnerships to support demand. The company has also opened its delivery implementation office in India for deployment support services. Additionally, SANpulse has implemented a new and highly scalable customer support ticketing system to serve domestic and international users more effectively and added new cloud based hosting services to support internal and external operational activities.
Management Team Expansion
SANpulse has attracted some of the best and brightest talent to build out the company’s U.S.-based management team. New executive staff members include industry veterans who bring a rich and diverse background of expertise to the growing company.
Joining SANpulse in 2010 are:
- Carl Fischer, the company’s CFO, bringing over 30 years of financial management experience;
- Tony Maddalone, vice president of sales, whose previous experience includes executive sales management at IBM;
- Red Mejias, former EMC project manager at Barclays Capital, as co-vice president of delivery, Americas;
- Joy Burd, previously director of marketing for Asigra and Spinnaker Networks as vice president of marketing communications, and
- Ralph Hennen, formerly an advisory systems engineer with EMC as managing director of product development.
Recent Awards and Accolades
SANpulse has been consistently recognized as a strong industry player in the storage migration and data center consolidation spaces validated by leading analysts and technology publications. In 2010 SANpulse received the following awards and recognition of the company’s business and product successes:
- Product of the Week by Network World
- 2010 Emerging Technology Vendor by CRN Magazine
- Top 10 Storage Startup by Enterprise Storage Forum
- AlwaysOn East Top 100 Private Company
- SANpulse CEO, Peter Mehta, was named Ernst & Young Entrepreneur of the Year Finalist in New Jersey
- SANpulse President and CTO, Gerard Lam, was named 2010 Storage Superstar by CRN Magazine