StorCentric Closes 2020 As Another Year of Record Growth and Product Innovation -- Surpasses Goal of Delivering Industry’s Most Comprehensive Portfolio of Data Management Solutions
Summary
SUNNYVALE, Calif.--(BUSINESS WIRE)--StorCentric, a global provider of world-class and award-winning data management solutions, today announced it has closed 2020 on a high note with a greater than 35% CAGR achieved over the past several years. During 2020, the company continued to grow and diversify its market participation through innovation, with the launch of over eight new products; strategic investment, with the acquisition of Violin Systems; and the strengthening and expansion of customer relationships, while increasing operational efficiencies. To meet these new customer challenges, StorCentric introduced eight new products during the year, including the Unbreakable Backup solution which provides security against the rising ransomware attacks business are facing today. “Our tremendous achievements, including product announcements, operational efficiencies as well as our ability to meet our customers diverse requirements and exceed their expectations, would not have been possible without our unparalleled global employee team and strategic partners.” He continued, “We look forward to the promise of 2021, and maintaining this exceptional momentum.” • Enhanced and diversified solutions portfolio with acquisition of Violin Systems, the company’s fifth acquisition in two years • Added experienced leaders to the company, including Rob Eggers as Chief Financial Officer (CFO), and former Brocade CFO, Dan Fairfax together with financial services visionary Manju Agarwal to its Board of Advisors (BOA) • Unveiled over eight new data management solutions offerings, including its first software-only Data Mobility Suite (DMS) Software Platform, empowering customers to more fully control their data and ensure maximum ROI • Released the Unbreakable Backup solution to provide security against ransomware attacks • In addition, the company also introduced: • Retrospect Backup 17.5 with cloud updates and the latest Apple support • E-Series 32F Storage Platform the most compact, high density QLC SSD solution on the market • BEAST Platform with new BEAST Elite Models with major performance and connectivity improvements • RoCE and Private Blockchain technology to its Assureon solution • Innovation highlighted: StorCentric named to CRN’s “The 40 Coolest Software-Defined Storage Vendors: The 2020 Storage 100”, Nexsan and Drobo recognized in the 2020 CRN Partner Program Guide • World class employee team acknowledged: Judy Kaldenberg recognized as one of CRN’s 2020 Women of the Channel, and Read Fenner recognized on CRN’s 2020 Channel Chiefs StorCentric recently launched a video looking back over the past year to recognize and thank its employees and strategic partners for their dedication and invaluable contributions to its success, found here: https://twitter.com/i/status/1344550145464164353. Between its Drobo, Nexsan, Retrospect, Vexata and Violin divisions, the company has shipped over 1M data management solutions and has won over 100 awards for technology innovation and service excellence.