05.09.2017 Press Release
Druva Announces Record Growth in Cloud Server Data Protection
Druva Affirms Leadership in Cloud Server Data Protection Market with Phoenix Revenue Growth of over 300%
Druva, the leader in cloud data protection and information management, today announced record growth across its server data protection business. With over 300 percent year-over-year revenue growth across this line of business, the company announced it has added more than 150 marquee brands to the Druva Phoenix customer list. With cloud data protection and management becoming an IT imperative, total Druva Cloud deployments now expand to over 4000 enterprise customers, including 10 percent of the world’s Fortune 500 companies such as Continental, Emerson, Flex, Fujitsu and Lockheed Martin.
“Enterprises are realizing the power, simplicity and evident value of the cloud. The rapid expansion of Druva’s customer base and continued revenue growth is reflective of this shift taking place across the industry,” said Jaspreet Singh, CEO of Druva. “Replacing legacy point backup solutions with modern data protection platforms is a strategic requirement for organizations to keep pace with accelerating recovery and protection needs. Druva is leading the way in this shift by delivering a cloud-first approach that simplifies business data protection.”
Accelerating Demand for Modern Data Protection
Data growth is surging, and modernizing the protection capabilities of sensitive business information has become a strategic IT initiative. Enterprises in today’s increasingly complex hybrid environment are looking to modern, cloud-based solutions to reduce the risk, cost and effort of managing data. According to Allied Market Research, data protection is expected to grow to $28B in 2022 for both cloud-based and on-premises servers.
According to leading industry analyst firm Gartner, storage managers find backup delivered as a service is becoming attractive for a portion of their organization's data. Organizations are actively considering SaaS and cloud-delivered solutions to protect data in remote office/branch office (ROBO) environments, as well as test-and-development data and endpoints, including desktop, laptop and tablets. Some companies are evaluating these delivery models for regional areas and at least a subset of their primary data centers.
Businesses are under growing external threats to data such as advanced ransomware as well as changing data regulations. At the same time, data is increasingly being stored and managed outside of the core data center bypassing legacy controls. By 2020, independent analyst firms have projected that over 50 percent of all corporate data will reside outside of the corporate data center.
“After exploring the market options, we selected Druva for our cloud server protection needs due to the unique capabilities of delivering a true SaaS solution for server data protection,” said JP Saini, Chief Information Officer at TRC Companies, Inc. “Druva provides seamless access to protected information and delivers against our complex and distributed protection requirements.”
Druva Cloud Meets Today’s Data Protection Challenges
Druva delivers a SaaS solution that brings together backup, archival and disaster recovery to harness the ease of use and scalability of the public cloud. Druva Phoenix delivers modern data protection and management by centralizing and streamlining the processes of backing up, and making immediately available, data from physical and virtual servers across an organization's distributed infrastructure.
“Carahsoft is helping federal organizations modernize their datacenters with a comprehensive hybrid cloud architecture, and Druva is a critical solution partner in this stack,” said Alex Whitworth, Director of Druva Solutions at Carahsoft. “With Druva Phoenix, we can empower our reseller partners and public sector customers to deliver strategic value while reducing risk, complexity and cost.”
With Druva Phoenix, data can be cached locally for fast backup and recovery when required, helping companies meet their recovery time and recovery point objectives. Additionally, data can automatically be moved to cold storage after a specified period of time for increased cost savings.
To learn more about how Druva Phoenix can improve your business, visit https://www.druva.com/products/phoenix/.
Druva is the leader in cloud data protection and information management, leveraging the public cloud to offer a single pane of glass to protect, preserve and discover information – dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it.
Druva’s award-winning solutions intelligently collect data, and unify backup, disaster recovery, archival and governance capabilities onto a single, optimized data set. As the industry’s fastest growing data protection provider, Druva is trusted by over 4,000 global organizations and protects over 25 PB of data. Learn more at www.druva.com and join the conversation at www.twitter.com/druvainc.
 Allied Market Research, “Data Protection as a Service (DPaaS) Market,” January 2017
 Gartner, "Modify Your Backup/Recovery Plan to Improve Data Management and Reduce Costs," Dave Russell, February 14 2017)