Nexenta Systems, the leader in OpenStorage solutions, today announced that 2009 was a breakthrough year for the company. Key milestones for the year included a 740 percent increase in full year revenue from the previous year and an increase in quarterly sales of 630 percent from the last quarter of 2008. The growth reflects the overwhelming global demand for an open alternative to legacy proprietary enterprise storage, particularly in virtualized environments, and Nexenta’s flagship product, NexentaStor, as the product best able to meet this demand.
“We will ramp up open source innovation even higher in 2010 to meet our customers most complex storage and data center requirements.”
NexentaStor is the leading hardware independent storage solution built upon the breakthrough open source ZFS file system. With NexentaStor, customers can for the first time experience the benefits of enterprise storage, including high performance and air tight data integrity with multiple replication methods, without the vendor lock-in and aged technologies of legacy storage vendors. Nexenta’s OpenStorage model allows customers to save up to 80 percent of storage costs while reaping the benefits of superior storage functionality, tight integration across virtualization products, and faster development cycles versus proprietary storage products.
Customer, Partner, Revenue and International Growth
2009 was a breakthrough year for the company in which it achieved remarkable growth in virtually every area of the company. Key milestones for the year included:
- NexentaStor license sales increased by almost 700 percent year over year. Sales to service providers (such as Hosting and Internet Service Providers) and Research and Development departments within large organizations fueled a significant part of the growth.
- Addition of 50 partners worldwide, reflecting the company’s commitment to the channel. Sales through the channel grew to account for 75 percent of total revenues.
- Sales in Europe, Middle East, and Africa (EMEA) grew from 10 percent to over 25 percent of overall sales year over year.
Open Storage Innovation
The driving force behind Nexenta’s growth is the company’s commitment to delivering a robust commercial solution to handle the most extreme enterprise storage requirements at a fraction of the cost of legacy proprietary offerings. In 2009, Nexenta advanced its commitment through strategic partnerships and product innovation, including:
- Incorporation of enhancements to the open source ZFS file system within NexentaStor, enabling the company to collaborate with customers and partners to provide best of breed solutions. This integration led to the embedding of NexentaStor into numerous storage solutions sold by resellers globally.
- Increased virtualization implementations with VMware, Citrix, and Microsoft as enabled by Nexenta’s VMDC virtualization management application and the StorageLink Adapter for Citrix XenServer. VMDC is unique in the industry in that it helps manage storage in heterogeneous virtualization environments. The StorageLink adapter helps manage storage for Citrix/Xen and Microsoft Hyper-V environments.
- The introduction of Pomona, an advanced software suite that automates the provisioning and management of multiple NexentaStor and other storage systems. With Pomona, customers can define flexible and reliable policies for storage provisioning that dramatically reduces the labor involved with storage provisioning and management, particularly in virtualized environments.
“Nexenta’s OpenStorage approach gives customers a viable choice to proprietary closed storage software and is the driving force behind our rapid growth and the increased reach of our channel program,”
said Evan Powell, CEO of Nexenta. “We will ramp up open source innovation even higher in 2010 to meet our customers most complex storage and data center requirements.”
About Nexenta Systems
Founded in 2005 and privately held, Nexenta Systems, Inc., has developed NexentaStor™, the leading open storage enterprise class hardware independent storage solution and sponsors NexentaCore, an open source operating system that combines the high performance and reliability of OpenSolaris with the ease-of-use and breadth of applications of Linux. Both solutions leverage the revolutionary file system ZFS.
