Portworx, the leading Kubernetes storage platform, announced the completion of its best quarter ever in both number of sales and total revenue as well as a major summer release of its industry-leading Kubernetes storage platform to enable companies to run, scale, backup, and recover mission-critical applications on Kubernetes. Serving many of the world’s largest Kubernetes customers, the Portworx Storage Platform for Kubernetes is quickly becoming the industry standard to ensure mission-critical Kubernetes applications are performant, protected and secure in multi- and hybrid-cloud environments. Today’s release provides Portworx’s growing list of Fortune 2000 customers with enhanced security, automation, and built-in data protection to easily deploy all of their mission-critical data services from a single platform. In addition to today’s product and momentum news, Portworx also announced it has been certified on the Cloudera Data Platform (CDP). The certification verifies Portworx as a Cloudera Certified Technology, and that its solutions have been tested, validated and certified to work with Cloudera Data Platform.
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As the COVID-19 crisis continues, enterprises are putting increased emphasis on accelerating digital transformation to combat slowdowns in other parts of their business or capture gains from shifting consumer patterns. Industry analysts validate this sentiment, with IDC projecting the DevOps software market will reach $15 billion by 2023. There are an increasing number of container storage solutions on the market, however most require customers to cobble together disparate storage, backup and disaster recovery solutions to meet their application and scale requirements. This leaves customers with a Frankenstein-style stack for all their data needs, which is both inconsistent and unproven.
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As the leading provider of storage and data management solutions for the cloud-native enterprise, Portworx solves this problem. On July 31, Portworx completed its strongest quarter ever, in both number of sales and total value of sales, right off the heels of its previously record-setting Q1 2020. More enterprises are purchasing the Portworx Kubernetes Storage Platform which includes integrated storage, backup, DR, and security, and the average annual recurring revenue of those purchases has increased by 61% in only three quarters, with dozens of customers now having purchased $250,000 or more worth of licenses. Additional notable demonstrations of momentum this quarter include a $1 million+ license sale as well as a customer running Portworx Enterprise in production on over 1,500 nodes and 90 Kubernetes clusters – a scale unmatched in the industry.
