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
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
One of the biggest challenges with adopting a DevOps mentality is: new applications are easily adapted to cloud-native, microservice-based, or containerized architectures - they can be built for them - but old applications need complex refactoring. On the other hand, these new technologies can require relearning or adapting new, oftentimes more complex, methodologies and tools to be ready for production. In his general session at @DevOpsSummit at 20th Cloud Expo, Chris Brown, Solutions Marketi...
At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
HyperConvergence came to market with the objective of being simple, flexible and to help drive down operating expenses. It reduced the footprint by bundling the compute/storage/network into one box. This brought a new set of challenges as the HyperConverged vendors are very focused on their own proprietary building blocks. If you want to scale in a certain way, let's say you identified a need for more storage and want to add a device that is not sold by the HyperConverged vendor, forget about it...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
In this presentation, you will learn first hand what works and what doesn't while architecting and deploying OpenStack. Some of the topics will include:- best practices for creating repeatable deployments of OpenStack- multi-site considerations- how to customize OpenStack to integrate with your existing systems and security best practices.
Michael Maximilien, better known as max or Dr. Max, is a computer scientist with IBM. At IBM Research Triangle Park, he was a principal engineer for the worldwide industry point-of-sale standard: JavaPOS. At IBM Research, some highlights include pioneering research on semantic Web services, mashups, and cloud computing, and platform-as-a-service. He joined the IBM Cloud Labs in 2014 and works closely with Pivotal Inc., to help make the Cloud Found the best PaaS.
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: implemen...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
In a world where the internet rules all, where 94% of business buyers conduct online research, and where e-commerce sales are poised to fall between $427 billion and $443 billion by the end of this year, we think it's safe to say that your website is a vital part of your business strategy. Whether you're a B2B company, a local business, or an e-commerce site, digital presence is key to maintain in your drive towards success. Digital Performance will take priority in 2018 for the following reason...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, provided a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services with...
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.