[October 16, 2014] |
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After Another Record Quarter, Scality Announces a Global Reseller Agreement with HP, and a Rebrand for the Future
SAN FRANCISCO --(Business Wire)--
Scality,
the leader in software-defined storage (SDS) at petabyte-scale, had
another record quarter in Q3, equalling all bookings in 2013. Scality's
accelerating success was driven by growth in new markets, for example
the Media industry's adoption of Scality for video archiving and video
distribution.
Scality also announced earlier today a major global distribution
agreement with HP. HP is the leading server manufacturer, with 26.5% of
the worldwide server market according to IDC (News - Alert).1 Reselling
Scality will enable HP to compete more efficiently in the growing
Software Defined Storage space, leveraging their SL4500 and DL380/360
product lines.
The IT industry is on the verge of a significant shift, coined the
"Web-Scale Singularity" by Gartner. In data storage, this translates
into the disruption of traditional storage appliances from the likes of
EMC and NetApp by a software-based approach. Leveraging research from
all major analysts and internal analysis, Scality found the total
addressable market (TAM) for the company's software will be more than $5
billion by 2020. Key findings and trends addressed in the State of the
IT Storage Industry report include:
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90% of storage will be unstructured data by 2017
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Billions of dollars of value will shift from traditional storage
appliances and the storage management software of today (e.g. EMC,
IBM (News - Alert), Symantec, NetApp) to standard servers running software-defined
storage platforms
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The storage software market will be $13B by 2020, and Scality will
address 45% of it
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Scality software will enable billions of dollars of net new
server-based storage revenue
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Based on average spend, there are 22,000 data centers that will
consume SDS platforms
Building for this redefined industry landscape, Scality is launching a
new brand and website today. The new Scality logo represents a new stage
of the company, and a steadfast commitment to six constituents:
customers, partners, employees, shareholders, technology and social
responsibility:
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Customers: Scality's first customer is still a customer today,
only ten times bigger. We're celebrating the loyalty of our customers
with the launch of our Customer Design Partner Program, where key
customers help us to refine and innovate the RING.
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Partners: In addition to HP, Scality is proud to share
joint customer deployments with Dell, Cisco, Seagate (News - Alert), Supermicro, and
SGI, bringing constant flexibility and innovation to our customer's
environments.
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Employees: Investment and devotion to employees has been an
important aspect of Scality's scale and development. More than 75
percent of Scality employees are investors in the company.
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Shareholders: Unlike the current trend of spendthrift startups
burning through their investments, Scality has doubled its employee
count since its Series C in July 2013, and still has half the $22
million in the bank.
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Technology: Scality's unique technologies are the result of
foundational research efforts, and have paid off in market adoption
and awards from organizations like Syntec and EY (formerly Ernst and
Young). Unusually for a startup, Scality maintains a pure research
organization, and actively funds distributed computing research at
INRIA, the only public research body fully dedicated to computational
sciences.
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Social responsibility: Scality is committed to ultimate social
responsibility in business ethics and contributing to a better world.
In this context, the CEO, Jerome Lecat, has personally endeavored to
bridge the divide between France and the Silicon Valley to drive
innovation and investment of startups with footprints in France. In
one of several initiatives, Jerome is an active member of the
organization La French Tech, which invited leading American VCs
(including Andreessen Horowitz, Menlo Ventures, True Ventures,
Globespan Capital, Thrive Capital, and FirstMark Capital) to France to
meet with government officials and French President Hollande in June
2014 (http://bonjourlafrenchtech.com/).
"A year ago, I embarked Scality on a transformation journey, from an
early stage start-up to a bonafide self-standing enterprise." said
Scality CEO Jerome Lecat. "We have recruited very senior people, entered
new verticals and new geographies, matured our product, built strong
partnerships with leading brands…. and now the butterfly is ready to get
out of the shell. Our new brand is a commitment to the future, and we
are keeping our culture, our diversity, our camaraderie, our belief in
technology, and our passion for solving real life problems."
Resources
About Scality
Scality is the industry leader in petabyte-scale, software-defined
storage. Founded in 2009, Scality has deployed software-based storage
solutions that deliver billions of files to more than one hundred fifty
million users daily with 100% availability. The Scality RING software
runs on any standard x86 servers and makes it scale to hundreds of
petabytes and billions of objects. The RING's end-to-end parallel
architecture provides unsurpassed performance, while its patented object
storage core increases availability and durability and dramatically
reduces operational costs. The RING integrates with applications through
standard storage protocols such as NFS; S3; OpenStack Swift (News - Alert) and Cinder.
Scality's customers include four of the world's largest media companies,
two of the largest telecommunications firms, and other market leaders
throughout the US, EU, and Japan. Follow us on Twitter (News - Alert) @scality
and visit us at www.scality.com
to learn more.
1 IDC, "Worldwide
Server Market Revenues Decreased -2.2% in First Quarter as Volume Server
Demand Improves, According to IDC." May 28, 2014.
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