From the Wires
Caringo Object Storage Success, 10X Jump in Sales from Last Year
In 2012 - multiple multi-PB customers, OEM partner sold over 35 petabytes
By: PR Newswire
Dec. 12, 2012 09:49 AM
AUSTIN, Texas, Dec. 12, 2012 /PRNewswire/ -- Caringo, the leading provider of object storage software, today announced that it has completed its most successful year ever. Caringo attributes their success to the overall strength of the object storage marketplace, which is being driven by emerging industry trends in the fields of cloud storage, research, healthcare, government, life sciences, email and file archiving.
With the increased adoption of public and private cloud services and the need for cost effective yet accessible storage that provides rapid performance on commodity hardware, Caringo is ideally positioned to capitalize on the growth in object storage as it moves from enabling technology for early adopters to the future of storage for the mass market. This past year saw Caringo increase the number of petabytes sold by more than 10 times over 2011. In 2012, the largest customer started with 15 petabytes, and multiple customers purchased over 10 petabytes each. Additionally, its largest OEM partner sold over 35 petabytes.
"2012 will be looked upon as the tipping point for the object storage market and our successful growth this year can be directly attributed to our position as a leader within that space," said Mark Goros, CEO of Caringo. "The largest storage providers in the industry today understand that only object storage can satisfy the demands for cloud services and Big Data. This is a trend that's accelerating, and our accomplishments this year have set the stage for continued large magnitude growth in 2013."
In addition to record setting growth, 2012 was also the year that Caringo extended its technological leadership position within this space with several new advancements including:
Based on current growth, pipeline and overall object storage benefit awareness, 2013 is primed to grow at an even faster pace. Cloud storage and Big Data will continue to drive the need for object storage. While the consumerization of IT and the velocity of file-based data creation will drive organizations to object storage's always accessible, scalable and efficient characteristics.
Caringo and CAStor are trademarks of Caringo, Inc. Other companies and products mentioned herein may be trademarks or trade names of their respective owners.
SOURCE Caringo, Inc.
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