486% Revenue Growth in First Three Quarters of 2011 for Nexenta

Nexenta Systems, Inc. announced a 486 percent revenue growth in the first three quarters of 2011.

This is partly due to NexentaStor emerging as the back-end storage for cloud deployments and for virtualised and VD) environments, as demonstrated by notable customers such as VMware Hands-on Labs (HOL) at VMworld and VDI users such as VESK.

Nexenta 2011 Growth Metrics:

• Revenue Growth: Increased by 486 percent; a further acceleration from 243 percent growth in the same period a year ago.
• Expansion of Partner Program: 256 partners overall including a recently launched OEM partner in China.
• Channel: Partners have sold $225 million of hardware using NexentaStor as the software component of their storage solutions. This represents a 329 percent increase over the same period in 2010.
• Talent: Expansion of its team by more than 100 people, with offices established in Amsterdam, South Korea, United Kingdom and the United States.

Customers’ Storage Choice for VDI:
Based on ZFS technology, NexentaStor solves storage-related issues for VDI by offering systems that scale performance. By natively supporting hybrid storage pooling, NexentaStor overcomes the IOPS issues associated with VDI and eradicates the difficulties associated with the high percentage (up to 80 percent) of writes in a VDI environment. By coupling NexentaStor with industry standard hardware, customers reduce VDI costs by 70 percent over a three-year period compared to a proprietary storage solution.

As one of the fastest growing UK VDI providers, VESK required bigger IOPS, higher availability and performance. James Mackie, technical director, VESK, explains: "We immediately saw the benefits of Nexenta as a key infrastructure technology supporting our business. It enabled us to overcome the technology challenges and reduce the costs associated with rolling out VDI to our customers, which will help fuel our rapid growth in this market."

VMworld Europe
Throughout VMworld Europe, Nexenta will be running a near-identical VMware Ready-certified configuration to the one it ran at VMworld Las Vegas at the end of August.

The HOL, classified as a public cloud, is considered one of the most popular aspects of the conference. Running the VMworld Europe HOL is about delivering high availability and sheer performance. During the Las Vegas event, 7.9 billion storage operations were performed by four NexentaStor systems.

"Our growth continues to accelerate because we’re at the forefront of a fundamental change in the storage industry. While legacy vendors constrain choice, drive up costs, and fail to perform, we are thriving because we have solutions designed especially for cloud, virtualisation and VDI environments," said Evan Powell, CEO, Nexenta Systems.