Welcome!

News Feed Item

ExaGrid Momentum Continues with Double-Digit Growth and Cash Positive Status

'Best at Disk-based Backup' Leader Grows 10 Percent Over Q3-13 and Turns Cash Positive Innovation, Industry Recognition, Unique Scale-out Architecture, and Commitments to Customers Define Year for ExaGrid

WESTBOROUGH, Mass., Jan. 7, 2014 /PRNewswire/ -- Building products to solve the backup problem, ExaGrid Systems announced today that it grew 10 percent from Q3-13 to Q4-13. The company also announced that is has turned cash positive and will be cash positive from this point moving forward. The company consistently ranked 'best at disk-based backup with deduplication' by leading experts is positioned for a breakout year in 2014.

(Logo: http://photos.prnewswire.com/prnh/20130821/NE67072LOGO-b)

ExaGrid, which roots its success in addressing customers' needs and providing solutions to their data backup challenges, has led the disk-based backup market by replacing and removing all the challenges of tape backup. ExaGrid is the only solution that permanently fixes the backup window and also offers the industry's fastest restores. 

Making waves throughout 2013, ExaGrid:

  • Surpassed  1,850 customers
  • Launched its most robust appliance that can scale to 210 terabytes in a single GRID
  • Became the industry's first tech company to have over 300 published customer success stories
  • Was awarded two new patents
  • Won four "best product" awards, achieved finalist status in four additional competitions, and earned top spots in analyst reports from three independent firms

"ExaGrid achieved a number of great milestones in 2013," said Bill Andrews, CEO of ExaGrid. "ExaGrid has the first and only product in the category of scale-out disk-based backup with data deduplication. Customers increasingly understand the need to add compute with capacity, as backup and deduplication are both compute-intensive processes. ExaGrid is the only company 100 percent focused on disk-based backup with deduplication and continues to push the envelope as a technology leader and also an industry thought leader."

A Year of Technological Innovation
In October, the company launched its latest appliance, the EX21000E. The new appliance scales to 210 terabytes in a single GRID system and provides up to 400 percent more throughput than its closest competitor. No other backup architecture can match this performance because only ExaGrid solves the compute problems associated with deduplication. ExaGrid is the only disk-based backup solution that permanently fixes the backup window as data grows.

ExaGrid's scale-out grid architecture and compute with capacity model, allows the company's appliances to execute computationally-intensive deduplication functions in parallel across all appliances in a customer's multi-appliance configuration. In addition, ExaGrid's unique landing zone ensures that the most recent backup data can be quickly restored or copied to offsite tape without having to rehydrate the data. With the advent of virtualization, ExaGrid's landing zone can maintain a full copy of a VM. In the event of a failure the VM can be booted directly from the ExaGrid system resulting in an instant recovery. This is another industry exclusive capability.

Praise from the Experts
Accruing four "product of the year" awards, four additional award "shortlist" recognitions, and dominating industry reports, analysts and industry experts alike have consistently recognized the value ExaGrid solutions delivered over the year. In each of these assessments, ExaGrid was pitted against chief rival EMC Data Domain, which requires expensive forklift upgrades once customers hit the data ceiling of the appliance, as well as slow restores since all data is deduplicated or de-hydrated.

2013 awards included:

Shortlisted categories at awards included:

  • "Backup and Recovery / Archive Product of the Year" at the Annual SVC Awards
  • Storage Magazine "One to Watch" Award – Product
  • Storage Magazine "One to Watch" Award – Company
  • Storage Magazine "Value for Money" Award

Report distinctions included:

  • "Best-in-Class" for solutions under $50k and $100k by DCIG
  • Earned 99 of 100 points in Info-Tech Vendor Landscape: Disk Backup report
  • ESG Lab Report - validation of the effective instant VM recovery capabilities of ExaGrid's system when used with Veeam's virtual data protection solution

About ExaGrid Systems, Inc.
More than 1,850 customers worldwide depend on ExaGrid Systems to solve their backup problems, effectively and permanently. ExaGrid's disk based, scale-out GRID architecture constantly adjusts to incessant growing data backup demands, and is the only solution that combines compute with capacity to permanently shorten backup windows and eliminate expensive forklift upgrades. ExaGrid is also the only solution to offer a landing zone retaining the most recent backups in their full un-deduplicated format for fast restores, fast offsite tape copies, and fast instant recoveries. Read through more than 300 published customer success stories and learn more at www.exagrid.com.  

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

For more information, please contact:

Dana Prestigiacomo
ExaGrid Systems, Inc.
(508) 898-2872 x566
[email protected]

Rachel Adam
Corporate Ink for ExaGrid Systems
(617) 969-9192
[email protected]

 

SOURCE ExaGrid Systems, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
You are moving to the Cloud. The question is not if, it’s when. Now that your competitors are in the cloud and lapping you, your “when” better hurry up and get here. But saying and doing are two different things. In his session at @DevOpsSummit at 18th Cloud Expo, Robert Reeves, CTO of Datical, explained how DevOps can be your onramp to the cloud. By adopting simple, platform independent DevOps strategies, you can accelerate your move to the cloud. Spoiler Alert: He also makes sure you don’t...
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, shared the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office. In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
"We are a custom software development, engineering firm. We specialize in cloud applications from helping customers that have on-premise applications migrating to the cloud, to helping customers design brand new apps in the cloud. And we specialize in mobile apps," explained Peter Di Stefano, Vice President of Marketing at Impiger Technologies, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
The idea of comparing data in motion (at the sensor level) to data at rest (in a Big Data server warehouse) with predictive analytics in the cloud is very appealing to the industrial IoT sector. The problem Big Data vendors have, however, is access to that data in motion at the sensor location. In his session at @ThingsExpo, Scott Allen, CMO of FreeWave, discussed how as IoT is increasingly adopted by industrial markets, there is going to be an increased demand for sensor data from the outermos...
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.