Keyword tags:
Big Data
Cloud Storage
Pivot3 has experienced record growth throughout 2016, with the year’s total revenue increasing by 84 percent over the prior year – including a more than 200-percent increase in Q4 2016 from Q4 2015 – and significant deals secured across federal, healthcare and education customers.
According to Ron nash, CEO of Pivot3, “2016 was a banner year for Pivot3, starting with an acquisition and significant funding, continuing with top placements on key industry analyst reports, and ending with impressive revenue growth. To compete effectively in this fast-moving market, we have built a solid platform for sustained growth with a focus on products, business performance and customer success. This has molded us into an agile and aggressive leader in migrating organizations to the software-defined data center.”
Scott Smidt, Vice President of Busiess Engineering and Operations at Midco Business Solutions said, “We selected Pivot3 due to the platform’s strong ability to scale and perform at high levels, even during degraded modes. We needed a platform that could support our multi-tenant requirements and deliver carrier-grade performance while providing us the scalability and modularity to grow as our needs expand. Pivot3 met those requirements.”
Pivot3’s key achievements throughout 2016 included:
Increased annual revenue by 84 percent, with more than 200-percent growth in Q4 2016 from Q4 2015. Continued expansion into the federal, healthcare and education verticals with numerous large enterprises and organizations, including LifeSpan BioSciences, Inc. Consistent growth among customers deploying HCI across multiple mixed workloads, including data center consolidation, database applications, virtual desktop infrastructure (VDI), business continuity and disaster recovery.
Explosive growth in the Pivot3 Channel Partner Program with a 275-percent increase in deal registrations in the second half of 2016. The company also acquired NexGen Storage in January, broadening the Pivot3 product portfolio with all-flash and hybrid storage appliances as well as business policy management capabilities. Pivot3 managed to raised $55 million in funding to support accelerated growth and product development.
Pivot3 is also named a leader in The Forrester Wave™: Hyperconverged Infrastructure (HCI), Q3 2016. Pivot3 received the highest scores possible for high availability and data protection, manageability and ease of operations, and client feedback on support quality. Not to forget, they are also named a Visionary in the October 2016 Gartner Magic Quadrant for Integrated Systems for ability to execute and completeness of vision.
The company has launched Pivot3 vSTAC SLX, its first joint product integrating NexGen technology, within months following the acquisition as well as Pivot3 Edge Office for SMB and remote and branch office environments, and added new policy-driven data capabilities to its patented storage QoS feature.
Eric Sheppard, IDC Research Director for Enterprise Storage & Converged Systems said, “Pivot3’s unique architecture gives the company a differentiated offering in the hyperconverged industry. Pivot3 has combined this differentiation with an expanded go-to-market strategy in a way that is connecting the company with an increasing number of data centres interested in hyperconverged technology. The company’s recent growth suggests that it is able to capitalise on these new opportunities and is positioned well for the rapid market growth expected in 2017.”
Nash further clarified, “As we enter the new year, we’re looking ahead with a bold vision for the future of enterprise computing. HCI is becoming more pervasive across IT with customers using it to support critical applications, and the emergence of automated policy-based management and dynamic QoS will fuel even greater adoption. Because Pivot3’s platform is architected for the best performance, scale and efficiency available in the industry along with integrated business policy management, we will lead the way into a new era with the smartest infrastructure that will enable IT to focus on business results.”