Pivot3 Gains Traction with More than 40-Percent Revenue Growth in Q4 2018

Continued hybrid cloud adoption drives new growth among large
enterprises with mission-critical use cases.

AUSTIN, Texas–(BUSINESS WIRE)–Pivot3,
a hyperconverged infrastructure (HCI) performance and technology leader,
today announced that it experienced more than 40-percent revenue growth
in Q4 2018 over Q3 2018, with 80-percent of the company’s 2018 deals
coming from some of the world’s largest enterprises and Fortune 1000
companies. With expanding adoption of hybrid cloud and IoT systems,
Pivot3 saw significant growth with enterprises turning to its
intelligent infrastructure to support large-scale, mission-critical use
cases.

“Q4 2018 was an incredible quarter for Pivot3, with strong growth driven
by new products, partnerships and global expansion,” said Ron Nash, CEO,
Pivot3. “Organizations are embracing the vision of a truly
software-defined datacenter, and Pivot3’s Intelligence Engine is a
differentiator in the HCI market. We’re simplifying the management of
mission-critical operations with extensive automation and intelligence,
making HCI a preferred option at enterprise scale.”

Pivot3’s developments in Q4 2018 include:

  • More than 40-percent revenue growth in Q4 2018 over Q3 2018;
  • Continued traction among some of the world’s largest enterprises and
    Fortune 1000 companies, with more than 80-percent of the company’s
    sales in 2018 coming from this market. In addition, Pivot3 saw a
    32-percent increase in the average size of deals from 2017 to 2018,
    with over half of 2018 deals coming from existing customers expanding
    their successful deployments;
  • Significant momentum in key high-growth verticals throughout 2018,
    including a nearly 60-percent increase in revenue from public-sector
    customers and more than 100-percent increase in revenue from shipping
    and transportation customers;
  • Strong growth around the globe, with the LATAM market contributing 10
    percent of 2018 sales in addition to continued momentum in the MEA,
    Europe and APAC regions.
  • Enhanced the Intelligence Engine with new policy-based security
    management capabilities. This allows organizations to automate and
    simplify the process of protecting sensitive data with comprehensive,
    standards-based security for encryption and key management, and to
    facilitate regulatory compliance as customers acquire and manage data
    across the edge, core and cloud. Encryption is important in more use
    cases and Pivot3’s automated native encryption is a significant
    benefit with its high performance;
  • Introduced the Pivot3 Architect and Engineer (A&E) Program, providing
    architects, engineers and consultants with the resources and support
    needed to make intelligent decisions when specifying infrastructure
    platforms at the core of enterprise-class IoT, video surveillance and
    security solutions for their clients.

“Intelligent, automated IT infrastructure is increasingly foundational
to supporting an organization’s business requirement and growth
objectives,” said Sebastian Lagana, research manager at IDC. “Pivot3’s
Intelligence Engine facilitates this by combining highly automated,
software-defined infrastructure with enterprise-class features that
accommodate today’s most demanding mission critical workloads.”

“Enterprises today face increased complexity in deploying computing
capability appropriately across the core, cloud and edge. Our sustained
growth validates that IT is ready for a new approach to digital
transformation with solutions to ensure their business services are
secure, resilient and manageable at enterprise scale with high
performance,” said Nash. “As we look to the future, Pivot3 is positioned
to move aggressively as we help businesses solve their most complex
challenges with our intelligent hybrid cloud solutions.”

About Pivot3

Pivot3’s intelligent hybrid cloud and IoT solutions provide security,
resilience and management simplicity at scale for customers’
mission-critical environments. Powered by the industry’s only
Intelligence Engine, Pivot3 automates the management of multiple, mixed
application workloads, delivers industry-leading performance at scale,
eliminates unplanned downtime and reduces the cost of traditional IT
infrastructure by half or more. With thousands of customers in 64
countries with deployments in education, hospitality, transportation,
government, defense, healthcare, gaming, financial services and retail,
Pivot3 allows IT to manage complexity at scale through intelligence and
automation. Visit www.pivot3.com to
learn more.

Contacts

For Pivot3
Liz Cies, 972-850-5855
[email protected]

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