D2iQ,
provider of the leading independent Kubernetes platform built to power smarter
Day 2 operations, announced results from a record-breaking second quarter
of 2020. The 180% growth in annual recurring revenue (ARR) for its Kubernetes
solutions over the last year drove the strongest quarter in company history.
D2iQ also closed three deals with an annual value of more than $1 million each
in Q2, including two deals for the D2iQ Kubernetes Platform and one for its
Mesosphere DC/OS Platform.
According
to a recent D2iQ survey, more than three-quarters of organizations say
Kubernetes is a central part of their digital transformation strategy. "In
the wake of the pandemic, organizations are accelerating digital transformation
initiatives by moving to the cloud and leveraging Kubernetes to improve
business agility," said Will Freiberg, Co-Chief Executive Officer, D2iQ.
"Our strong Q2 growth and continued product innovation is a testament to
the value and expertise D2iQ brings to customers on their cloud native journey
- especially during this unprecedented moment in time."
D2iQ's
Q2 success comes one year after the company's significant expansion in strategy
and product portfolio in August 2019. D2iQ doubled down on its commitment to
enabling organizations on cloud native journeys to achieve intelligent Day 2
operations. The expanded strategy featured new Kubernetes solutions and an
enhanced Mesosphere DC/OS Platform. The recently introduced D2iQ Kubernetes Platform
offers a complete solution that includes the technology, expert services,
training and support required to assist organizations in their journey to Day 2
and beyond.
"When
developing, deploying and maintaining cloud-native applications, organizations
must navigate a number of challenges and complexities to be successful in Day 2
operations," said Tobi Knaup, Co-founder and Co-Chief Executive Officer,
D2iQ. "As pioneers in cloud native technologies with over a decade of
experience, we understand these challenges firsthand and are continuing to
invest in product innovations to better meet all organizations, no matter where
they are in their cloud native journey."
Additional
Key Product Highlights in Q2 include:
- Kommander 1.1: With hybrid and multi-cloud
management of 3rd-party clusters including EKS, AKS and GKE, a single
operational view, and integrated cost management, users can better track
their Kubernetes and cloud costs in real time.
- Conductor GA: Launched on-demand
interactive learning platform designed to accelerate onboarding to
Kubernetes and other cloud-native technologies by focusing on hands-on
experience.
- KUDO for Kubeflow: Released
end-to-end machine learning platform built for security, scale, and speed,
enabling enterprises to develop and deploy machine learning models on top
of shared resources using the best open-source technologies.
Following the tremendous
success of our inaugural Cloud Native Virtual Summit featuring Kubernetes, D2iQ
will host its follow up
Fall
Virtual Summit on October 6-8, 2020. The event
will bring together thought leaders in the cloud, data and container space to
share best practices and real-world stories.