Cohesity Achieves 100 Percent Increase in Software Revenues in FY 2019 as the Company Completes Transition to Software Business Model
Summary
SAN JOSE, Calif.--(BUSINESS WIRE)--Cohesity today announced key performance metrics from another record-breaking fiscal year (FY), which ended on July 31. The metrics from FY 2019 show that more and more organizations globally are discarding antiquated legacy point products and are embracing Cohesity’s modern, software-defined data management platform. A small sampling of Cohesity’s customer base includes AutoNation, Australian Football League, LendingClub, Northern Trust, Ørsted, Riverside Health System, Schneider Electric, Sector Alarm, Softbank Corp., Statnett, the San Francisco Giants, Vita Group, West Lotto, West Midlands Fire Service, William Buck, and the U.S. Federal Government including the U.S. Air Force, U.S. Army, and USDA. "We rarely see a new technology platform catch immediate interest from a broad section of large enterprises like we have with Cohesity," said Cynthia Johnson, Vice President, Global Data Center Sales, Cisco. “In the last year, Cohesity has been the fastest growing Cisco portfolio company in our SolutionsPlus program, driven by the operational simplicity of our joint solutions on Cisco UCS and HyperFlex, and by the new world of possibilities customers see to unify, protect, and extract value from their data.” “Over the last 12 months, weve seen tremendous interest and adoption from large enterprises on the joint HPE - Cohesity solution," said Patrick Osborne, vice president and general manager, big data business, HPE.