Virtualization Technology News and Information
Trilio Brings Momentum of 300%+ Growth in 1H 2020 and Market Validation of Cloud-Native Data Protection Platform for Kubernetes into KubeCon Europe

At this week's KubeCon + CloudNativeCon Europe 2020 Virtual event, Trilio will be discussing recent trends in cloud-native data protection as well as market momentum the company has seen since the beginning of the year. New customer wins and use cases, expansion of business partnerships and the introduction of the TrilioVault for Kubernetes data protection platform highlight the company's 2020 achievements. Trilio is a leading provider of data protection for cloud-native environments.

Business highlights include annual contract value growth of 314% year-over-year, and new business growth of 281% year-over-year. New customers include large EMEA telecoms and financial services firms, US-based healthcare companies, global defense agencies and managed service providers.

Additionally, the company recorded its first TrilioVault for Kubernetes customer wins in the first half of the year and expanded technology partnerships with Red Hat and IBM. With Red Hat, Trilio completed its OpenShift Operator Certification and availability in the Red Hat Marketplace. New or expanded solution provider partnerships thus far in 2020 include Acorp, Converge Technology Solutions, Ingram Micro Brasil, Logicalis, Matrix, NexSys and SHI.

The company's results align with recent findings from Enterprise Strategy Group, which revealed that backup and recovery is still a hot market despite the COVID-19 pandemic. In ESG's survey of IT executives, 26% reported that they are actually increasing their data protection budget and 56% of respondents expected to hold their data protection investments steady.

Published Monday, August 17, 2020 12:42 PM by David Marshall
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