Revenue up 50% From 1Q21 to 1Q22 for Scality
First 7-figure Artesca deal
This is a Press Release edited by StorageNewsletter.com on April 28, 2022 at 2:02 pmScality, Inc. announced that its revenue increased by 50% in 1Q22 compared to 1Q21.
With its 100% channel sales focus, adoption of RING advances while ARTESCA – its lightweight, cloud-native object storage offering – now has customers in 7 countries, highlighted by its first multi-million dollar customer.
Highlights in 2022 include:
• First 7-figure ARTESCA deal: The product will serve as the cloud-native content management solution for an enterprise information archive solution provider in North America. This win was achieved because of ARTESCA’s single-server deployment and enterprise-grade data protection vs. competing solutions.
• ARTESCA to power Europe’s largest space agency CNES: It is a key element of a massive scale content sharing platform for the French space agency Centre Nationale D’Études Spatiales (CNES), enabling storage and sharing of satellite imagery across a consortium of international agencies.
• Extended hardware partner support: In addition to HPE Apollo and Proliant server platforms, ARTESCA is now supported on Dell 740 XD2, Lenovo SR650 and Supermicro A+ storage server platforms.
• Growth of VAR program: Global sales team continues its 100% commitment and focus on channel business. There are now 400 trained Scality Certified Architects across the Americas, Europe and AsiaPac. The company also introduced an ARTESCA-specific training session to reinforce its partners’ enablement and mid-market strategy.
• Petabyte-scale enterprise customer growth: RING is now deployed in production at a top-3 US bank, a top-5 insurance provider and one of the largest integrated hospital management systems, supporting key solutions including Splunk and Cloudera data lakes, Commvault backups and medical image archives.
• Global expansion: With recent wins in Africa (Congo), Europe (Croatia, Czech Republic, Hungary, Malta, Uzbekistan), and India, RING is now deployed in 52 countries WW.
• Proven 59% TCO and 366% ROI: A recent business value analysis by IDC found that organisations using RING achieve a ROI of 366% over 5 years, and experience a 59% decrease in total cost of storage-related operations.
Because traditional storage approaches weren’t designed for today’s cloud era, they can’t scale – an issue that results in costly silo management headaches. Scality helps customers overcome these hurdles with secure, cost-effective solutions that easily scale as their needs grow. ARTESCA is the latest addition to its product portfolio, launched in 2021 to meet the needs of the Kubernetes era. Designed for fast access anywhere data lives, it transforms how DevOps manages and accesses data. It is an only object storage solution that combines a lightweight, cloud-native design with enterprise-grade features.
The recent 7-figure deal will bring ARTESCA to a leading cloud archiving solution, where it will manage the billions of documents in the customer’s enterprise information management (EIM) platform.
Jérôme Lecat, CEO, said: “Analysts predict that the hybrid cloud S3 object storage market will continue to grow over the next 5 years. Scality is feeling the impact of this growth in every area of our business. We kicked off 2022 with increased demand through our WW channel network, saw steady adoption of RING, and inked our first 7-figure ARTESCA deal. We’re committed to helping our customers meet the data demands of today and tomorrow – understanding that data sovereignty, privacy and security are at the forefront of every purchase decision.”