Marlborough, Mass., United States:
ExaGrid®, the trade’s solely Tiered Backup Storage answer, at this time introduced that it had an all-time report bookings and income quarter ending September 30, 2022.
ExaGrid’s income grew over the earlier quarter and the identical quarter a yr in the past. ExaGrid is rising at 20% per yr whereas sustaining optimistic: P&L, EBITDA and free money movement. ExaGrid added 156 new prospects in Q3 2022, together with 43 six- and seven-figure offers, and has greater than 3,600 lively higher mid-market to massive enterprise prospects that use ExaGrid Tiered Backup Storage to guard their knowledge. ExaGrid’s progress is accelerating, and the corporate is hiring over 50 further inside and discipline gross sales workers worldwide.
“ExaGrid’s continued momentum results from a highly differentiated product with a 75% competitive win rate and the ongoing expansion of our sales team and working with our channel partners across the globe. We continue to see that organizations are realizing that primary storage disk is too expensive for longer-term retention and that traditional deduplication appliances do not deliver the backup and restore performance needed to ensure that data is always available. Organizations face challenges with using deduplication appliances, including high ongoing costs, poor backup and restore performance, as well as a lack of scalability and ransomware recovery features. ExaGrid offers the best story to fix backup storage, as well as the most unique ransomware recovery solution in the industry. In addition, ExaGrid has the best cost up front and over time, the fastest backup and restore performance, the ability to recover from a natural or man-made site disaster, and the ability to recover data after a ransomware attack, which remains top of mind in today’s world,” stated Bill Andrews, President and CEO of ExaGrid. “ExaGrid prides itself on having a highly differentiated product that just works, does what we say it does, is sized properly, and is well supported.”
ExaGrid home equipment have a network-facing disk-cache Landing Zone the place the newest backups are written with out inline deduplication for quick backups and are saved in an undeduplicated format for quick restores. ExaGrid makes use of scale-out structure, which maintains a fixed-length backup window and likewise eliminates costly and disruptive forklift upgrades and product obsolescence. ExaGrid’s Adaptive Deduplication expertise deduplicates the info into a non-network-facing repository the place deduplicated knowledge is saved for longer-term retention, usually for weeks, months and years. The mixture of a non-network-facing tier (digital air hole) plus delayed deletes with ExaGrid’s Retention Time-Lock function, and immutable knowledge objects, guards in opposition to the backup knowledge being deleted or encrypted.
Highlights of Q3 2022:
- Strong aggressive win charge at 75%
- Brought on 156 new prospects
- 43 six- and seven-figure new buyer offers
- Sales and help groups in 30 international locations and prospects in over 50 international locations
- Company stays Cash, EBITDA and P&L optimistic during the last 8 quarters
- More than 3,600 prospects shield their knowledge with ExaGrid Tiered Backup Storage
- Added a distinctive method to Veritas InternetBackup for a single goal storage pool with scale-out conserving the backup window fastened size as knowledge grows
- NPS Score of +81 with over 300 revealed buyer success tales on the site and over 100 Peer Insight Reviews with Gartner
ExaGrid Tiered Backup Storage
ExaGrid supplies Tiered Backup Storage with a front-end disk-cache Landing Zone, the Performance Tier, which writes knowledge on to disk for the quickest backups, and restores immediately from disk for the quickest restores and VM boots. The long-term retention knowledge is tiered to a deduplicated knowledge repository, the Retention Tier, to scale back the quantity of retention storage and ensuing value. This two-tiered method supplies the quickest backup and restore efficiency with lowest value storage effectivity.
In addition, ExaGrid supplies a scale-out structure the place home equipment are merely added as knowledge grows. Each equipment consists of processor, reminiscence and community ports, in order knowledge grows, all sources required can be found to take care of a fixed-length backup window. This scale-out storage method eliminates costly forklift upgrades, and permits for mixing home equipment of totally different sizes and fashions in the identical scale-out system, which eliminates product obsolescence whereas defending IT investments up entrance and over time.
About ExaGrid
ExaGrid supplies Tiered Backup Storage with a distinctive disk-cache Landing Zone, long-term retention repository, and scale-out structure. ExaGrid’s Landing Zone supplies for the quickest backups, restores, and on the spot VM recoveries. The retention repository presents the bottom value for long-term retention. ExaGrid’s scale-out structure consists of full home equipment and ensures a fixed-length backup window as knowledge grows, eliminating costly forklift upgrades and product obsolescence. ExaGrid presents the one two-tiered backup storage method with a non-network-facing tier, delayed deletes, and immutable objects to get better from ransomware assaults.
ExaGrid has bodily gross sales and pre-sales methods engineers within the following international locations: Argentina, Australia, Benelux, Brazil, Canada, Chile, CIS, Colombia, Czech Republic, France, Germany, Hong Kong, Iberia, India, Israel, Japan, Mexico, Nordics, Poland, Saudi Arabia, Singapore, South Africa, South Korea, Turkey, United Arab Emirates, United Kingdom, United States, and different areas.
Visit us at exagrid.com or join with us on LinkedIn. See what our prospects should say about their very own ExaGrid experiences and study why they now spend considerably much less time on backup storage in our buyer success tales. Check out our 100+ Gartner Peer Insight Reviews. ExaGrid is proud of our +81 NPS rating!
ExaGrid is a registered trademark of ExaGrid Systems, Inc. All different logos are the property of their respective holders.
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