DataDirect Networks Achieves 188 Percent Sequential Growth in Key Enterprise Big Data Markets Where HPC Technology Becomes a Must Have
Poster: SySAdmin
Posted on June 24, 2014 at 2:35:02 AM
DataDirect Networks Achieves 188 Percent Sequential Growth in Key Enterprise Big Data Markets Where HPC Technology Becomes a Must Have
DDN Significantly Broadens Addressable Market in Financial Services, Life Sciences and Energy Exploration, While Reinforcing its HPC Technology Leadership on the Road to Exascale Computing
LEIPZIG, Germany, June 24, 2014 /PRNewswire/ -- International Supercomputing Conference (ISC) 2014
http://photos.prnewswire.com/prnvar/20130223/MM65263LOGO
News Facts
-- Building on its leadership in the high performance computing (HPC)
market, DataDirect Networks (DDN) today announced strong momentum and
new customer adoption of DDN(TM) storage solutions among traditional and
commercial HPC customers. This traction builds on recent DDN news and
its continued investment in HPC with new innovations in cloud storage,
cache-centric appliances and massive-scale technologies to support the
road to Exascale computing.
-- A growing list of worldwide organizations such as Omnicom, Tohoku
Medical Megabank Organization, Max Delbrück Center for Molecular
Medicine, Indian Institute of Technology (IIT) Kanpur, Louisiana State
University and Hokkaido University continue to invest in DDN's HPC
storage solutions, extending the benefits of accelerated insight and
collaboration to millions of users around the globe.
-- HPC bookings in 1Q14 outpaced other markets as more commercial
organizations with Big Data initiatives turn to DDN storage for its
outstanding performance, scalability and efficiency. DDN also continues
to deliver on key enterprise requirements including industry-leading
density, security, manageability, data protection and data collaboration
features. This focus is driving increased revenues and new customer
demand for DDN storage among verticals including Financial Services,
Life Sciences, Manufacturing, Web, Cloud and Telco, Government Labs,
Academic Research and Security/Lawful Intercept.
Tweet this: NEWS: @DDN_limitless builds on strong momentum and adoption among #HPC and #BigData customers http://bit.ly/1nVqYEH
Strong Market Momentum Driven by Customer and Partner Adoption of DDN Storage for HPC and Big Data
-- Q1 HPC bookings grew 17 percent year-over-year, driven by significant
growth in Financial Services, Life Sciences and Energy Exploration
markets. Financial services, alone, grew 188 percent sequentially.
Growth in these verticals is due in large part to rapid market adoption
of HPC storage across specific commercial segments where customers are
faced with the challenges of Big Data performance, capacity,
distribution or Cloud collaboration at scale.
-- Among Life Sciences organizations (Genomics and BioPharma), in Q1 DDN
also saw considerably larger deal sizes where businesses selected DDN as
their primary storage for sequencing, data analysis, collaboration and
distribution workflows. Often, these customers have higher numbers of
instruments, significant data imports from other sources, or extremely
high projected growth rates and require the performance and parallelism
offered through DDNs SFA®12K or SFA12KX-based GRIDScaler® and/or
EXAScaler® with GPFS(TM) or Lustre® parallel file systems.
-- Much of DDN's strength in Q1 also came from large cross-sell and upsell
opportunities across its global customer base, where organizations
recognize tangible business benefits of DDN's single platform approach
to its WOS Cloud storage and GRIDScaler and EXAScaler file storage
products. The added capability of being able to bridge data into DDN
WOS® for automated sharing of data and/or results across geographies
also makes DDN solutions ideal for collaboration, retention and
publication needs.
-- DDN also saw good Q1 momentum due to its established global presence
with strong international sales, support, services and partner
footprint, and approximately a third of revenues originating outside of
the United States. When not sold directly to end users, DDN systems and
solutions are delivered through a variety of channel partners including
a strategic network of distributors, VARs, resellers, specialized
integrators.
Supporting Quotes
Molly Rector, Chief Marketing Officer, DDN:
-- "DDN's continued growth in HPC is due to our ability to solve the
performance and capacity needs of the entire data lifecycle. Current
customers are rapidly expanding their DDN footprint by introducing a DDN
primary storage tier for high IOPS, small file, memory-centric
applications. These in-memory technologies from DDN seamlessly
integrate with the shared storage environment and ultimately tier off to
the cloud if needed. As more HPC organizations rely on DDN for their Big
Data analytics, distribution, collaboration and archive needs, we're
helping drive quantifiable benefits to their businesses and bottom
lines."
Supporting Resources
-- More on DDN Object Storage
-- More on DDN Big Data Platforms
-- More on DDN Infinite Memory Engine Technology
-- More on DDN Customers
-- Follow DDN via Blog and Twitter
About DataDirect Networks
DataDirect Networks (DDN) is the world leader in massively scalable storage. Our data storage and processing solutions and professional services enable content-rich and high growth IT environments to achieve the highest levels of systems scalability, efficiency and simplicity. DDN enables enterprises to extract value and deliver business results from their information. Our customers include the world's leading online content and social networking providers, high performance cloud and grid computing, life sciences, media production, and security and intelligence organizations. Deployed in thousands of mission critical environments worldwide, DDN's solutions have been designed, engineered and proven in the world's most scalable data centers to ensure competitive business advantage for today's information powered enterprise. For more information, go to http://www.ddn.com or call 1-800-837-2298.
©2014 All rights reserved. DDN, Storage Fusion Architecture, SFA12K, GRIDScaler, EXAScaler and WOS are trademarks owned by DataDirect Networks. All other trademarks are the property of their respective owners.
Contact Info:
Dani Kenison
Sr. Director, Global Corporate Communications
DataDirect Networks
Work: 408-990-2658
Logo - http://photos.prnewswire.com/prnh/20130223/MM65263LOGO
SOURCE DataDirect Networks
Photo:http://photos.prnewswire.com/prnh/20130223/MM65263LOGO
http://photoarchive.ap.org/
DataDirect Networks
DDN Significantly Broadens Addressable Market in Financial Services, Life Sciences and Energy Exploration, While Reinforcing its HPC Technology Leadership on the Road to Exascale Computing
LEIPZIG, Germany, June 24, 2014 /PRNewswire/ -- International Supercomputing Conference (ISC) 2014
http://photos.prnewswire.com/prnvar/20130223/MM65263LOGO
News Facts
-- Building on its leadership in the high performance computing (HPC)
market, DataDirect Networks (DDN) today announced strong momentum and
new customer adoption of DDN(TM) storage solutions among traditional and
commercial HPC customers. This traction builds on recent DDN news and
its continued investment in HPC with new innovations in cloud storage,
cache-centric appliances and massive-scale technologies to support the
road to Exascale computing.
-- A growing list of worldwide organizations such as Omnicom, Tohoku
Medical Megabank Organization, Max Delbrück Center for Molecular
Medicine, Indian Institute of Technology (IIT) Kanpur, Louisiana State
University and Hokkaido University continue to invest in DDN's HPC
storage solutions, extending the benefits of accelerated insight and
collaboration to millions of users around the globe.
-- HPC bookings in 1Q14 outpaced other markets as more commercial
organizations with Big Data initiatives turn to DDN storage for its
outstanding performance, scalability and efficiency. DDN also continues
to deliver on key enterprise requirements including industry-leading
density, security, manageability, data protection and data collaboration
features. This focus is driving increased revenues and new customer
demand for DDN storage among verticals including Financial Services,
Life Sciences, Manufacturing, Web, Cloud and Telco, Government Labs,
Academic Research and Security/Lawful Intercept.
Tweet this: NEWS: @DDN_limitless builds on strong momentum and adoption among #HPC and #BigData customers http://bit.ly/1nVqYEH
Strong Market Momentum Driven by Customer and Partner Adoption of DDN Storage for HPC and Big Data
-- Q1 HPC bookings grew 17 percent year-over-year, driven by significant
growth in Financial Services, Life Sciences and Energy Exploration
markets. Financial services, alone, grew 188 percent sequentially.
Growth in these verticals is due in large part to rapid market adoption
of HPC storage across specific commercial segments where customers are
faced with the challenges of Big Data performance, capacity,
distribution or Cloud collaboration at scale.
-- Among Life Sciences organizations (Genomics and BioPharma), in Q1 DDN
also saw considerably larger deal sizes where businesses selected DDN as
their primary storage for sequencing, data analysis, collaboration and
distribution workflows. Often, these customers have higher numbers of
instruments, significant data imports from other sources, or extremely
high projected growth rates and require the performance and parallelism
offered through DDNs SFA®12K or SFA12KX-based GRIDScaler® and/or
EXAScaler® with GPFS(TM) or Lustre® parallel file systems.
-- Much of DDN's strength in Q1 also came from large cross-sell and upsell
opportunities across its global customer base, where organizations
recognize tangible business benefits of DDN's single platform approach
to its WOS Cloud storage and GRIDScaler and EXAScaler file storage
products. The added capability of being able to bridge data into DDN
WOS® for automated sharing of data and/or results across geographies
also makes DDN solutions ideal for collaboration, retention and
publication needs.
-- DDN also saw good Q1 momentum due to its established global presence
with strong international sales, support, services and partner
footprint, and approximately a third of revenues originating outside of
the United States. When not sold directly to end users, DDN systems and
solutions are delivered through a variety of channel partners including
a strategic network of distributors, VARs, resellers, specialized
integrators.
Supporting Quotes
Molly Rector, Chief Marketing Officer, DDN:
-- "DDN's continued growth in HPC is due to our ability to solve the
performance and capacity needs of the entire data lifecycle. Current
customers are rapidly expanding their DDN footprint by introducing a DDN
primary storage tier for high IOPS, small file, memory-centric
applications. These in-memory technologies from DDN seamlessly
integrate with the shared storage environment and ultimately tier off to
the cloud if needed. As more HPC organizations rely on DDN for their Big
Data analytics, distribution, collaboration and archive needs, we're
helping drive quantifiable benefits to their businesses and bottom
lines."
Supporting Resources
-- More on DDN Object Storage
-- More on DDN Big Data Platforms
-- More on DDN Infinite Memory Engine Technology
-- More on DDN Customers
-- Follow DDN via Blog and Twitter
About DataDirect Networks
DataDirect Networks (DDN) is the world leader in massively scalable storage. Our data storage and processing solutions and professional services enable content-rich and high growth IT environments to achieve the highest levels of systems scalability, efficiency and simplicity. DDN enables enterprises to extract value and deliver business results from their information. Our customers include the world's leading online content and social networking providers, high performance cloud and grid computing, life sciences, media production, and security and intelligence organizations. Deployed in thousands of mission critical environments worldwide, DDN's solutions have been designed, engineered and proven in the world's most scalable data centers to ensure competitive business advantage for today's information powered enterprise. For more information, go to http://www.ddn.com or call 1-800-837-2298.
©2014 All rights reserved. DDN, Storage Fusion Architecture, SFA12K, GRIDScaler, EXAScaler and WOS are trademarks owned by DataDirect Networks. All other trademarks are the property of their respective owners.
Contact Info:
Dani Kenison
Sr. Director, Global Corporate Communications
DataDirect Networks
Work: 408-990-2658
Logo - http://photos.prnewswire.com/prnh/20130223/MM65263LOGO
SOURCE DataDirect Networks
Photo:http://photos.prnewswire.com/prnh/20130223/MM65263LOGO
http://photoarchive.ap.org/
DataDirect Networks