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NS1 Nearly Doubles Revenue in 2018NS1, the leader in next generation DNS and traffic management solutions, announced today it nearly doubled revenue in 2018 with strong customer acquisition in key sectors and 95 percent enterprise customer retention. New products and features that address market demands for improved user experiences, risk mitigation, IT efficiency, and IT modernization are fueling company growth and momentum into 2019. The need for optimal application performance and operational flexibility is driving adoption of modern approaches, such as microservices, multi-cloud, multi-CDN and edge computing. As companies undergo widespread digital transformation and embrace highly distributed and dynamic application infrastructure, they are turning to NS1's full suite of next generation DNS solutions to dramatically improve velocity, scale, automation and performance. In June, NS1 launched Private DNS, a self-hosted solution that delivers fine-grained and automated traffic management for the best application experiences; an API-first approach for rapid change propagation and high-velocity application and infrastructure automation; vendor-agnostic DNS load balancing; and service discovery at cloud scale - all critical for successful modern enterprise application delivery. With the launch of Private DNS, NS1 became the first DNS software provider to span both cloud and self-hosted DNS deployment models, and the addition is propelling growth for NS1 in new markets. "The launch of Private DNS is driving the largest deals in company history," said NS1 co-founder and CEO Kris Beevers. "With DNS solutions spanning all deployment models from SaaS (News - Alert) to self-hosted, we are uniquely positioned to serve the most progressive companies looking to accelerate DevOps processes and improve performance for their customers. We are also well-positioned to work with more complex enterprises looking to replace traditional DNS as they modernize legacy infrastructure and shed decades of technical debt." During 2018, NS1 announced its ability to support Domain Name System Security Extensions (DNSSEC), a protocol that protects companies from man-in-the-middle attacks by securely signing DNS records across zones. Adoption of this protocol had been lagging for years due to the impact on advanced traffic management features, but NS1's implementation tackled those barriers by enabling DNSSEC without compromsing functionality and performance. Another new offering, Pulsar 2.0, is helping IT teams automate and more efficiently manage traffic and resources as they deploy to hybrid environments and embrace edge computing strategies. The cloud-based routing engine uses real user monitoring data to enable intelligent traffic management decisions based on resource availability, performance and business logic. "DNS and DDI have seen little innovation over past decades and it is great to see what NS1 is building to address the challenges of modern infrastructure," said Eric Hanselman, Chief Analyst with 451 Research (News - Alert). "We are seeing trends toward consolidation and margin optimization of legacy businesses in the enterprise-class DNS ecosystem. The kinds of capabilities that NS1 continues to advance in DNS can be critical for companies seeking performance gains or undergoing digital transformation, and they should leverage them to drive innovation throughout 2019." Other noteworthy accomplishments:
About NS1 NS1 is the leader in next generation DNS solutions that orchestrate the delivery of the world's most critical internet and enterprise applications. Only NS1's purpose-built platform, which is built on a modern API-first architecture, transforms DNS into an intelligent, efficient and automated system, driving dramatic gains in reliability, resiliency, security and performance of application delivery infrastructure. Many of the highest-trafficked sites and largest global enterprises trust NS1, including Salesforce, LinkedIn, Dropbox, Nielsen, Squarespace, Pandora and The Guardian. Visit www.ns1.com to learn more. View source version on businesswire.com: https://www.businesswire.com/news/home/20190131005270/en/ |