Infinidat Achieved 40% Y/Y Bookings Growth in 2021

Infinidat Ltd achieved 40% Y/Y bookings growth in 2021, including a 68% Y/Y increase in bookings in 4Q21.

It has accelerated its double-digit growth on the strength of 3 solutions – the InfiniBox and InfiniBox SSA for primary storage and InfiniGuard for modern data protection, DR, and cyber resilience.
 
“Infinidat achieved a strong trajectory of growth throughout 2021, delivering high-impact, enterprise storage solutions that provide powerful business and technical value based on our state-of-the-art innovation and best-in-class customer experience,” said Phil Bullinger, CEO. “It has been a transformational year for the company, and our expansion demonstrates our proven growth strategy and reflects the rapidly increasing demand for Infinidat’s SDS technology. The customer, partner, and product momentum we achieved in 2021 position Infinidat for continued success and growth.“
 
2021 Highlights

• More than 25% of the Fortune 50 are now customers, leveraging the company’s value proposition for large enterprises to provide InfiniBox and InfiniGuard as their primary storage, modern data protection, DR and BC, and cyber resilience solutions. Reflecting this strength, th firm achieved more than 130% Y/Y revenue growth in the company’s Fortune 100 customer base in 2021.
• Was named a Leader in the 2021 Gartner Magic Quadrant for Primary Storage. It was the fourth year in a row that Infinidat has been positioned in the Leader quadrant.
• Unveiled the InfiniBox SSA, an all-flash storage platform that delivers performance and latency results that surpass traditional AFAs with the same reliability, availability, ease of use and customer experience that customers have come to expect from the firm’s family of enterprise storage solutions. The InfiniBox SSA expands common SDS architecture and unified management suite to all 3 platforms: InfiniBox, InfiniBox SSA, and InfiniGuard. CRN named the InfiniBox SSA one of the 10 Coolest SSD and flash Storage Products of 2021.
• InfiniGuard added cyber resilience capabilities in April 2021. It provides transparent protection of the entire backup environment, giving customers the ability to implement a new, more effective strategy to guard vs., thwart, and recover from cyberattacks.
• Was named a 2021 Gartner Peer Insights Customers’ Choice in the Gartner Peer Insights Voice of the Customer: Primary Storage for the third year in a row.
• Achieved growth based on a powerful co-sell channel model, achieving close to 90% channel revenue. Increased its channel base from under 400 partners to more than 500 partners, a >25% increase.
• Was named a Leader and an Outperformer in the GigaOm Radar for Primary Storage for Large Enterprises. In addition, was named a Challenger and a Fast Mover in the GigaOm Radar for Enterprise Kubernetes. Was also named a Leader and a Fast Mover in the GigaOm Radar for Block Storage – External Enterprise Storage Systems.
• Delivered on its storage-as-a-service (STaaS) strategy via AIO/s technology and flexible consumption models. Its Neural Cache deep learning technology, AIO/s offerings, strategic partnerships and consumption-based models resulted in significant momentum in 2021, helping enterprise customers simplify IT operations. The company has broadened its ecosystem for integration with third-party cloud and hybrid cloud solution providers, such as VMware, ServiceNow and Virtana, enabling customers to leverage cloud automation, orchestration and its AIO/s platform.
• Was the award winner or finalist for 19 storage industry awards and recognitions in 2021, including an SDC Award as BC/DR Innovator of the Year and a Storage Award 2021 as a finalist for Storage Company of the Year. Solutions Review named the company as one of the 5 Storage Vendors to Watch.
   
  “We are very happy with our decision to standardize on Infinidat’s family of enterprise storage systems,” said Gopala Bunga, senior manager – IT technical services and infrastructure operations, Hawaii Medical Service Association, an independent licensee of the Blue Cross Blue Shield Association, and the largest insurer in the state of Hawaii. “As we are separated from the mainland, availability is absolutely critical for our operational success. We have relied on Infinidat’s guarantees for years and plan to do so for many years to come. In fact, we have expanded from Infinidat’s flagship InfiniBox to Infinidat’s lightning fast backup and recovery appliance, InfiniGuard. We applaud and celebrate Infinidat’s momentum and are proud to join them on their journey as partners.“
   
  “The storage business is challenging. Data is the lifeblood of competitive advantage and making it available quickly, securely and cost effectively is a major undertaking. Over the past ten years, Infinidat has become a storage platform leader by delivering business value with a differentiated strategy,” said Dave Vellante, co-founder, SiliconAngle, and chief analyst, Wikibon, Inc. “The company’s double-digit growth underscores its traction and ability to respond to evolving customer requirements in areas such as cyber resilience. It’s good to see management accelerating Infinidat’s original vision with an approach that has always been non-conventional. That’s what it takes to compete with established incumbents in today’s market.” 
   
  “When Infinidat is growing, we are growing our business too,” said Bob Elliott, VP storage sales, Mainline Information Systems. “We are winning together in the marketplace and exceeding customer expectations with high-value, large enterprise storage solutions like Infinidat. Substantially reducing our customers’ Capex and Opex is done through storage consolidation and Infinidat’s extensive flexible consumption models. Opportunities to take the next step to 100% availability, coupled with cost savings, and including storage as part of every customer’s corporate cybersecurity strategy are very powerful reasons that we have been increasing our Infinidat partnership.”