DataDirect Reports 53% Growth in 2006

By Chris Preimesberger  |  Posted 2007-02-05 Print this article Print

The network storage vendor is poised to add more employees and expand its product line in 2007, its CEO says.

Privately held DataDirect Networks, the fifth-largest independent network storage provider, according to Gartner Dataquest, filed a financial report that showed 53 percent growth in 2006, a company spokesperson said Feb. 5. DataDirect Networks grew in "unprecented" fashion in 2006, delivering 45 percent CAGR (Compound Annual Growth Rate) since 2003, the spokesperson said. As a result, the Los Angeles-based company has moved to a much larger headquarters as well as establishing offices in Japan and China in 2007. DataDirect Networks is planning to hire 100 additional employees in 2007 across all functional and geographic areas, the spokesperson said.
DataDirect ranks below only EMC, Hewlett-Packard, IBM and Network Appliance in network storage market share.
"The continued and ever-increasing market acceptance of our S2A [Silicon Storage Appliance] storage technology from the worlds governments, corporate and academic institutions is a strong testament to our unique vision and our decade-long commitment to providing the best-in-class scalable high-performance and high-capacity storage solutions," said CEO Alex Bouzari. Click here to read about DataDirects high-density graphics storage system. The ranking from Gartner mirrors the recognition from the recently published 28th edition of the Top 500 list of the worlds fastest clusters, asserting DataDirects leadership position as the largest supplier of high-performance storage to the worlds top cluster sites, with seven of the worlds top 10, 35 of the worlds top 100, and more than 52 percent of the top 100 clusters aggregate bandwidth being powered by DataDirect. The same report, Gartner Dataquest Researchs External Controller-Based Disk Storage, Worldwide 2002-2005 Market Share Report, authored by Roger Cox, also recognized DataDirect as the third-largest independent storage provider for "Block Midrange Enterprise Disk Array Vendor Raw Terabyte Shipped Market Share." "We will continue to drive customer-centric innovation while further establishing our technological leadership to develop enabling storage solutions in our market verticals to better serve our customers," Bouzari said. "These solutions include high-performance, high-capacity cluster storage, cluster NAS, active archive and nearline storage, petascale and InfiniBand storage, as well as tiered storage and backup and recovery solutions." Launched in 1998, DataDirect Networks has an established global presence with R&D and operations in the United States, Europe and Asia. Check out eWEEK.coms for the latest news, views and analysis on servers, switches and networking protocols for the enterprise and small businesses.
Chris Preimesberger Chris Preimesberger was named Editor-in-Chief of Features & Analysis at eWEEK in November 2011. Previously he served eWEEK as Senior Writer, covering a range of IT sectors that include data center systems, cloud computing, storage, virtualization, green IT, e-discovery and IT governance. His blog, Storage Station, is considered a go-to information source. Chris won a national Folio Award for magazine writing in November 2011 for a cover story on and CEO-founder Marc Benioff, and he has served as a judge for the SIIA Codie Awards since 2005. In previous IT journalism, Chris was a founding editor of both IT Manager's Journal and and was managing editor of Software Development magazine. His diverse resume also includes: sportswriter for the Los Angeles Daily News, covering NCAA and NBA basketball, television critic for the Palo Alto Times Tribune, and Sports Information Director at Stanford University. He has served as a correspondent for The Associated Press, covering Stanford and NCAA tournament basketball, since 1983. He has covered a number of major events, including the 1984 Democratic National Convention, a Presidential press conference at the White House in 1993, the Emmy Awards (three times), two Rose Bowls, the Fiesta Bowl, several NCAA men's and women's basketball tournaments, a Formula One Grand Prix auto race, a heavyweight boxing championship bout (Ali vs. Spinks, 1978), and the 1985 Super Bowl. A 1975 graduate of Pepperdine University in Malibu, Calif., Chris has won more than a dozen regional and national awards for his work. He and his wife, Rebecca, have four children and reside in Redwood City, Calif.Follow on Twitter: editingwhiz

Submit a Comment

Loading Comments...
Manage your Newsletters: Login   Register My Newsletters

Rocket Fuel