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2020 Press Releases

January 08, 2020

ExaGrid Reports Record Bookings and Revenue for Q4-2019 and Fiscal Year 2019

ExaGrid®, a leading provider of intelligent hyperconverged storage for backup with data deduplication, has announced record bookings and revenue for Q4-2019 ending in December as well as a record fiscal year 2019. ExaGrid has seen significant growth in the Americas, Latin America, EMEA and APAC.

Bill Andrews, CEO and President of ExaGrid said “This was our best quarter and fiscal year for bookings and revenue to date. We added over 100 new customers with a record number of new customer six-figure purchase orders. We achieved double-digit growth over the same quarter a year ago. ExaGrid focuses on organizations that need to store hundreds of terabytes to petabytes of backup data.”

Partner and Product Highlights in Q4-2019

  • ExaGrid strive its strong sales growth with mid-market to enterprise organisations that use Veeam® Software, Commvault®, Veritas® NetBackup, Oracle RMAN Direct and other enterprise backup applications.

  • The announcement made earlier in the year regarding ExaGrid's ability to further deduplicate Commvault deduplicated data, showcased that ExaGrid had a record quarter for backup storage behind Commvault®. No changes required to the Commvault configuration from ExaGrid and backup efficiency can be improved by a factor of 3X.

  • ExaGrid announced a new data storage solution for Acronis® Cyber Backup which provides efficient edge data protection and storage for remote sites.

  • ExaGrid was voted “Backup Storage Innovation of the Year” at Storage, Digitalisation + Cloud (SDC) Awards 2019.

ExaGrid solves the three inherent compute problems to achieve faster backups, restores, and VM boots by leveraging its unique Landing Zone, adaptive deduplication, and scale-out architecture.

“First-generation deduplication solutions can be cost prohibitive for backup storage and are slow for backups, restores, and VM boots, which is why a high percentage of ExaGrid’s newly-acquired customers are replacing Dell EMC Data Domain, HPE StoreOnce, and the Veritas NetBackup 5200/5300 series of appliances. We are replacing low cost primary storage disk behind Commvault, as ExaGrid is far less expensive than Dell, HPE Nimble, NTAP eSeries and Cisco 3260, when customers require longer term retention,” Andrews said. “We continue to see growth behind Commvault, Veeam and Veritas NetBackup as the company moves up market.”

All backup storage vendors reduce storage and bandwidth to different degrees, but most provide slow ingest rates due to deduplication being performed ‘inline.’ Additionally, other solutions only store deduplicated data, which causes restore speeds and VM boots to be very slow. ExaGrid’s ingest rate is 6X faster than its closest competitor. Unlike the first-generation vendors that only add capacity as data grows, ExaGrid appliances add compute with capacity, ensuring that the backup window remains fixed in length. Only ExaGrid uses a scale-out architecture with a unique Landing Zone, which holistically addresses all of the scalability and performance challenges of backup storage.

ExaGrid’s turnkey disk-based backup system combines enterprise storage with zone-level data deduplication, delivering a disk-based solution that is far more cost effective than low cost disk. Unlike first-generation inline/scale-up deduplication solutions that were either built into a backup application media server or into a dedicated storage appliance, ExaGrid delivers the backup industry’s only true Landing Zone and scale-out architecture with data deduplication. Utilizing ExaGrid’s Landing Zone with adaptive deduplication typically halves the cost of the first-generation large brand solutions and is 3X the backup performance and 20X the restore/VM boot performance. By using a scale-out architecture, ExaGrid is the only solution that keeps the backup window fixed in length as data grows and eliminates both forklift upgrades and forced product obsolescence.
 


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