Komprise, the leader in analytics-driven unstructured data management and mobility, announced that subscription revenues more than doubled for a third consecutive year. Komprise enterprise customers are distributed across healthcare, life sciences, biotech, media and entertainment, public sector, higher education, financial services, legal, energy, high-tech and other industries managing petabyte-scale unstructured data environments.
Customers are using Komprise in several ways to enhance their data-driven operations, including cold data tiering for an average cost savings of 70%, 25 times faster cloud file migrations, cloud storage cost optimization, self-service data management and storage capacity planning through cross-silo visibility and actionable analytics. Other growing use cases include unstructured data tagging and automated workflows to right-place data for AI and data science initiatives.
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Komprise 2022 Highlights:
- Doubled annual subscription revenues for a third consecutive year.
- 50% growth in the Komprise Global File Index, which consists of hundreds of billions of files, providing customers a Google-like search across their entire data estate to find, tag and mobilize unstructured data.
- 120% net dollar retention (NDR) showing world-class customer retention and expansion, even during an economic downturn.
- 30% of revenues came from expansions, indicating strong customer satisfaction and loyalty.
- 200% growth in the number of organizations using Komprise for data migrations to a new NAS or for cloud data migrations.
- 100+ Microsoft customers migrating data to Azure using Komprise during the first 12 months of the Azure File Migration program, which funds customer use of Komprise.
- The company closed $37 million in new investment in January 2023.
- Recognized as the leader in the GigaOm Radar for Data Migration Tools 2022 and Coldago Report on Unstructured Data Management 2022, and covered in Gartner Hype Cycle for Hybrid Cloud Storage, 2022
- Continued product innovation with Smart Data Workflows, Departmental/User Self-Service and Hypertransfer for Elastic Data Migration.
SOURCE: GlobeNewswire