Egnyte Growing in File Share and Sync at 57%/Year

Egnyte, Inc., in enterprise file sharing and synchronization, announced growth
and momentum in the construction, advertising and media markets over the past
year.

The company has over 1,500 construction and engineering customers growing at a
rate of over 47% annually, and supports over 1,000 media and advertising
customers in a vertical market that is growing over 40% per year for the
company.

Construction and engineering companies such as Balfour
Beatty plc, Bowmer Kirkland, and Bigge joined the 30,000 businesses using
Egnyte‘s combination of local and cloud storage to store, sync and share
their files. Young and Rubicam, Jack Morton, AKQA, and MJM are 1,000 media and advertising customers.

Despite the apparent differences in what they do, the
construction, advertising, and media industries face similar concerns: they all
work with large files, have distributed offices that need to
work as one, and work with outside clients, vendors, and contractors. Combination of local storage plus cloud replicates project data on local
storage devices in offices, which in turn enables fast file access. At the same time, admins can designate who has access to the
files to keep client information private.

"What I
like best about Egnyte is the anywhere access to my information at the highest
possible speed," said Howard Jacobson, Envision, LLC sales and marketing group.
"
Wherever I am, Egnyte gives me the
fastest access to a document or a spreadsheet and is always a reliable
solution. No matter my location, I simply sit down, log into Egnyte, and get
started."

The construction and engineering industry finds similar benefits with the
hybrid approach to file sharing.

"As cloud
computing steadily gains in usefulness, IKEA has found the technology – and
particularly the local storage solution provided by Egnyte – to be integral to
enabling multiple IKEA locations and various consultants to access and share
large-scale files," said Phil Szuch, IKEA
build-up project manager. "Egnyte’s
ease of use and performance provide exactly what we need to get the job at-hand
done as efficiently and cost effectively as possible."

Construction giant Balfour Beatty plc
began using Egnyte during its reconstruction of the Dallas Forth Worth airport,
during which there was a need for both tight file security and ease of file
access for numerous employees.

"The Dallas
Fort Worth Airport Terminal Reconstruction and Improvement Program presented us
with a unique challenge because of the scale of the project and security
requirements," said project manager Jeff Pistor. "Because of the complexity of the project,
the number of subcontractors working on concurrent projects and the distance
between the jobsite and the jobsite office, we needed a way to make the current
drawings available to everyone electronically. We used Egnyte as the backend
storage and iPads as the display device in the field, and we used Egnyte local
cloud for collaboration with our design team. Egnyte was a key piece of our
digital document management process."

The increased adoption of Egnyte by these industries is part of an overall surge in development and momentum for the
company, which has seen a doubling of its overall customer base and 300% year
over year growth since 2012.

"With
both local and cloud storage options, our solution serves the needs of these
businesses better than any other offering on the market," said Vineet
Jain, Egnyte CEO and co-founder. "It’s
not just separate local access and cloud access. Local storage plus cloud
provides a 1+1=3 equation and gives our customers capabilities that are simply
not possible with a cloud-only file sharing solution."

Egnyte customer case studies