Triple-Digit Growth for Cohesity in 2016 Over Past Three Quarters

Cohesity, Inc. announced triple-digit revenue growth on average over past three quarters, underscoring the momentum behind its platform.

The number of new Cohesity customers also doubled in each quarter over the same period.

To support this  growth trajectory, the company brought on several new executives while forging new partnerships with industry-leading technology vendors and resellers.

In 2016, enterprise customers continued to adopt Cohesity’s hyperconverged approach to controlling secondary data sprawl. Secondary data consumes about 80% of enterprise storage capacity and imposes an unnecessarily large burden on businesses’ IT budgets. Traditionally stored on a complicated patchwork of point appliances for backups, files, objects, test/dev copies and analytics, secondary data spreads over a fragmented infrastructure that is complex to manage and highly inefficient. The firm consolidates this data onto a simplified, web-scale platform that spans on-premises and cloud infrastructure.

Businesses with over 1,000 employees or more than $500 million in revenue now account for over 70% of Cohesity’s customer base. In addition, the earliest customers are already purchasing their second or third expansion of the platform, demonstrating its ROI, as well as an appreciation for cost-effective pay-as-you-grow storage capabilities.

Over 250PB of enterprise data are now protected on Cohesity systems.

“2016 has been an incredible year for the hyperconverged secondary storage movement,” said Cohesity CEO and founder Mohit Aron. “We have experienced unprecedented growth coming out of our launch just over a year ago, and we’re excited to reach new levels as more companies recognize how data protection and other secondary workloads are ripe for transformation within enterprise IT.“

Cohesity recently announced the addition of several new executives:

• Mark Parinello joined the team to serve as the new VP of WW sales. Prior to Cohesity, he was VP of Americas sales at Nimble Storage.

• Rawlinson Rivera joined as the company’s first global field CTO joined after 10 years at VMware, where he was most recently the principal architect working in the office of CTO for the storage and availability business unit.

• Storage industry veterans Frank Rauch, VP Americas partners organization, VMware, and Andy Maner, who was the managing partner of IBM‘s U.S. Federal service business, also joined the advisory board this year, while Cohesity added new offices in the EMEA region to better serve a global customer base.

Cohesity also announced the release of DataPlatform Virtual Edition, its latest offering built to serve remote offices, which follows on a year of product innovation that also included Cohesity 3.0 and Cohesity Cloud Edition. Along with producing new technology, it partnered with major cloud and storage vendors during the past year, including Amazon Web Services, Cisco, Google, Microsoft Azure, Pure Storage and VMware, to deliver native integrations and joint product offerings.

There are now more than 100 enterprise channel partners working with Cohesity worldwide as part of the company’s Revolution Partner Program to deliver cost savings and management efficiency to new customers.

“Cohesity greatly simplified our data protection strategy for our virtualized environment with a simplified all-in-one solution, said. Instead of having to separately manage backup applications, media server and targets, Cohesity provides an easy-to-use solution that consolidates our backup environment, as well as, can be used for other secondary storage applications in the future. Besides strong products, Cohesity has been an excellent business partner as well,” said James Oryszczyn, director of security and network services at Quarles & Brady LLP.

“Our data protection solution must be reliable, robust, and adaptable, given how technology continues to evolve and change. Cohesity continues to deliver a scalable solution for protecting our VMs and physical servers that is allowing us to simplify our backup/restore processes while also delivering improved storage efficiency. With the simplicity Cohesity brings to our data protection environment, we can spend more of our time and resources on many of the other critical projects at Munson Healthcare,” said Justin Willoughby, lead system administrator, Munson Healthcare.