Pivot3 experiences record demand for hyper-converged infrastructure
Pivot3, Inc. continues to experience record demand for its HCI solutions in the desktop virtualization and video-based security markets, and across many vertical segments. Pivot3 marked a successful third quarter, driven by a significant surge in demand for the company’s hyper-converged infrastructure appliances.
Transportation is a rapidly growing segment and Pivot3 recently secured projects with three large urban transit systems requiring 8 petabyte, 5 petabyte and 4 petabyte of installed storage capacity respectively. Since 2008, the year Pivot3 began delivering hyper-converged appliances, aggregate installed storage capacity of its solutions has grown at a cumulative 189% CAGR to reach 225 PB in Q3 2014.
The company’s growth accelerates as more users experience its unique globally hyper-converged infrastructure technology, which combines storage and compute resources within the same appliance, as a key building block of more efficient, and more cost-effective data centers. In addition, Pivot3 continues to demonstrate its longstanding expertise in delivering purpose-built solutions based on HCI to segments with specialized requirements such as healthcare, transportation and government.
In 2014, Pivot3 continued to invest significant resources to apply its intellectual property (over 20 fully acquired patents) to other areas of IT infrastructure that need both high storage performance and robust data protection at an affordable price. The company’s engineering team also continues to expand. Overall, Pivot3 now employs more than 80 team members, of which 30 joined the company in 2014.
“We solved a very difficult storage problem when we tackled the video surveillance market. That is now the foundation of our performance and cost advantage for VDI, storage solutions, and other areas of IT,” said Bill Galloway, Founder and CTO, Pivot3. “Pivot3’s differentiation is founded on its patented Scalar Erasure Coding, which breaks the longstanding trade-off between storage efficiency and high availability, making up to 94 percent of total installed capacity available for actual data storage while providing very high levels of data protection.”
In Q3, Pivot3 expanded its executive team to capitalize on its competitive advantage in the hyper-converged infrastructure space by adding three new Vice Presidents.
Ahmad Chamseddine was named Pivot3’s new Vice President and Chief Operations Officer overseeing the engineering groups and the supply chain group. He most recently served as the founder of Zookt, and previously served as Vice President and General Manager of Augmentix Corp. Earlier in his career, he led the system product development group for five new servers at Dell. Chamseddine holds a Bachelor’s Degree and a Master’s Degree in engineering science from the University of Western Ontario.
Francois Wolf joins Pivot3 as Vice President and Chief Marketing Officer. Prior to joining Pivot3, Wolf held executive marketing positions at L3 Communications and BOXX Technologies. He managed the high-end workstation category at Dell before heading marketing at two eHealth start-ups. He most recently served as Leader of Global eCommerce Digital Marketing at Dun & Bradstreet. Wolf holds a Master’s in Business Administration from the Thunderbird School of Global Management and a Bachelor’s Degree in international business from the University of Texas at Austin Red McCombs School of Business.
Michael Richtberg has been appointed Vice President of Product Strategy. Previously, Richtberg held various management roles including Principal Product Strategist at Oracle for their Greenbytes product, and the Product Strategy and Business Development Director for Desktop Virtualization for Dell. Earlier, he was one of the first employees of Citrix and held positions in product management, product marketing and strategy. He holds a Bachelor’s Degree in business management, business administration and marketing from the University of Phoenix.
“These additions to the leadership team will help us continue to produce the dramatic growth that we have seen this year. Our team is building a very solid company that delivers products with significant business benefits to our customers, rewarding careers to our team members and exciting gains to our investors,” said Ron Nash, CEO, Pivot3. “With increased interest in our enhanced suite of hyper-converged infrastructure solutions, we will seek out opportunities in data-driven environments that require enterprise storage options that are simple to deploy and scale-out while reducing costs and complexities.”