Cloudian, a provider of enterprise object storage systems and a scalable platform that consolidates, manages and protects enterprise data, has announced that its bookings from repeat customers grew five-fold, its customer base doubled and revenues were up in every geographic segment across the world in 2017. The Cloudian team has grown to include more than 130 employees now.
More than 200 customers would currently use Cloudian’s object storage technology to manage their data. According to Cloudian, the numbers point to the exploding need for scale-out storage solutions in an era when artificial intelligence (AI), machine learning, IoT, high-resolution video and other data-intensive applications require businesses to manage data that is growing at an unprecedented rate.
In 2017 Cloudian also introduced new products designed to solve two of the thorniest issues confronting storage managers:
HyperFile – extends scale-out capabilities to file storage, which has been hampered by the manageability, cost and scalability limitations of NAS technology
HyperStore 7 – provides companies with multi-cloud capabilities, giving them an unprecedented ability to manage data storage on-premises and in the cloud as a single pool
“Throughout 2017, Cloudian delivered record-high revenues in all four quarters by responding to the tsunami of data that modern technologies are creating,” said Michael Tso, CEO of Cloudian. “This growth was accompanied by an equally remarkable growth in repeat customer revenue, which is a testament to our employees’ and partners’ commitment to solving our customers’ expanding need for innovative storage solutions.”
Key achievements in the last 12 months, according to Cloudian:
- Grew customer base by 100 percent
- Realized five-fold increase in repeat purchases from existing customers
- Formed cloud partnerships with Microsoft Azure and Google GCP
- Signed HP Enterprise as a reseller partner and continued strong OEM relationship with Lenovo
- Extended relationship with Cisco, joined Cisco Media Blueprint for media and entertainment solutions
- Engaged in activities with AI-focused companies, including NVIDIA, Skymind, ABEJA, Xcompass and Axis Communications
- Grew Cloudian team to more than 130 people
- Extended Cloudian EMEA presence with new teams in France, Germany and Italy
- Introduced enterprise-grade file management solution
- Launched multi-cloud data management platform
- Earned numerous awards and honors, including Hybrid Storage Product of the Year at the 2017 Storage Awards, placement on JMP Securities’ Super 60 Hot Companies List and recognition on CRN’s Emerging Vendors list