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Zadara Storage Accelerates Momentum with Record 2015 Results

Zadara Storage, the provider of award-winning, enterprise–class storage-as-a-service (STaaS) today announced record revenue in 2015. The company’s success can be attributed to delivering industry-leading solutions in a market that is in a significant transition from CapEx-based storage to one dominated by OpEx-based storage-as-a-service. Zadara Storage offers unique and disruptive capabilities that address this market transition, such as enterprise-grade storage-as-a-service – in the cloud, on-premise and in hybrid configurations. Industry research has shown that the storage-as-a-service market will grow from about 10% of the overall storage market in 2015, to at least 80% by 2023 (source: IT Brand Pulse, October 2015).

“2015 was a record year for Zadara Storage, both in terms of revenue and customer adoption,” said Nelson Nahum, CEO and co-founder of Zadara Storage. “We are seeing an increasing demand from customers of all sizes for flexible, agile, enterprise storage-as-a-service. Zadara has responded to this market need with award-winning solutions in the cloud, on-premise and in hybrid configurations. We are continuing to innovate and invest to maintain our leadership position in this large and rapidly growing market.”

2015 highlights included:

  • Zadara Storage grew sales more than 3x Year-over-Year (YoY).
  • Zadara International (non-US) sales grew 4x Year-over-Year (YoY).
  • Zadara Storage customer base grew 45% Year-over-Year (YoY).
  • Zadara On-Premise as a Service (OPaaS) offering, introduced in Q4 2014, grew to 26% of overall sales.
  • Zadara Storage expanded globally into Germany, China, Australia and South Korea, among other locations.
  • Zadara Storage introduced key new functionality including enhanced capabilities for Service Providers, support for Docker Containers via Zadara Container Services (ZCS), and Backup to S3 compatible storage (B2S3).
  • Zadara Storage continued to be recognized for its innovation and leadership receiving 10 new awards and accolades, including the Frost & Sullivan Innovation Leadership, UK Cloud - Storage Product of the Year, CRN Emerging Vendor, Cloud Computing 2015 Backup & Disaster Recovery, IT Brand Pulse “On-Premise Storage as a Service” Market Leadership, Red Herring Global 100 and the Dell Founder’s 50.
Published Tuesday, February 02, 2016 8:35 AM by David Marshall
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