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Y/Y Revenue Up 115% in 2021 for Komprise

New customer acquisition growing by 200%

Komprise, Inc. announced growth for 2021 over 2020, with more than a doubling of its revenues and the amount of data under management.

The past few years have seen explosive growth in data WW, leading to enterprise pains and opportunities alike, spanning: dramatic increases in storage costs, enterprise priorities for cost-optimized cloud migration and accelerated AI adoption plans as cloud-based AI and ML services mature.

Amid these trends, the company has seen rampant market uptake of its value proposition for unstructured data management, enabling massive storage savings while facilitating faster, more automated analytics projects in the cloud.

Customer Growth
• Revenues, which are subscriptions, grew by 115% Y/Y.
• New customer acquisition grew by 200% over the year before, particularly in life sciences, M&E, and the public sector.
• Customers spent more on expansions than on their initial purchase, indicating increased adoption and satisfaction.
• The firm had more than 400 graduates from its technical professional training program in 2021, up 80% from the previous year. Customers accounted for roughly half of the attendees.

Intelligent Data Management Platform Innovation
• In October, the company announced Deep Analytics Actions, which delivers a systematic way to find specific data sets across hybrid cloud storage silos and move it to secondary storage and/or rapidly feed cloud analytics tools and services.
• It was awarded a patent for asynchronous restoration of files from delayed recall storage such as AWS Glacier, building on the prior patent for Transparent Move Technology (patented in 2019).
• In June, it announced new capabilities for global data management with multisite controls, giving IT directors a single consolidated view across multiple Komprise-managed sites while enabling local execution to meet site-specific policies and needs.

Expanded Alliances and Industry Recognition
• The firm and existing reseller partner Pure Storage announced that its Asynchronous Replication would deliver reliable data replication for Pure FlashArray file customers.
• The company made inroads with its key public cloud partners including achieving AWS Migration & Modernization Competency, support for new AWS file storage and analytics services and support for Azure Files NFSv.
• It received several industry honors in 2021: NAB Show Product of the Year award (cloud computing & virtualization category), Best Enterprise Data Management Solution by New World Report and CRN Storage 100. President and COO Krishna Subramanian was honored as a Top Woman of Influence in Silicon Valley, by the Silicon Valley Business Journal.

Komprise sits in the sweet spot by enabling IT to save 70% or more on storage and backup costs through its analytics-first approach, while also extending the value of data through flexible search, tag and transparent movement to cloud-based data lakes, warehouses and AI/ML tools,” says Kumar Goswami, CEO and co-founder. “Our global file index brings visibility across all storage so that enterprise IT teams can make the best decisions on where data should live as needs change.”

How Komprise Intelligent Data Management can help you save and make money on your unstructured data

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