Unitrends Achieves Record 2014 Results Reports 36 Percent Growth in Fourth-Quarter
Company’s strong performance fueled by its award-winning Unitrends Cloud, and Recovery-Series and Unitrends Enterprise Backup Release 8.0
Unitrends, a leader in enterprise-level cloud recovery, today released highlights of its full-year 2014 results. Unitrends reported the best financial results in the company’s history for both the fiscal year and the fourth quarter. The company grew 36 percent in the fourth quarter and 33 percent for the full-year 2014. Unitrends’ strong performance in Q4 marks the company’s 24th consecutive quarter of record growth.
Click to Tweet: The #Unitrending continues! 24th consecutive quarter of growth & best year ever! Congrats to the @Unitrends team! https://bit.ly/1MRNgDW
A record year for product development fueled Unitrends’ growth in 2014. The company introduced Unitrends Cloud™, an enterprise-level, hybrid cloud data protection solution that works with its portfolio of physical and virtual backup appliances, and unveiled Release 8.0 of its Recovery-Series physical appliances and Unitrends Enterprise Backup™ virtual appliances – both of which were critical factors in the company’s success. Unitrends also increased its investment in VMware® and Amazon Web Services (AWS) migration, cloudbursting and disaster recovery through its release of Unitrends Boomerang™.
“Unitrends customers are demanding more than heterogeneous on-premise backup and manual archiving solutions – they now demand fully-integrated business continuity and disaster recovery,” said Kevin Weiss, CEO at Unitrends. “The introduction of Unitrends Cloud and Release 8.0 of Recovery-Series and Unitrends Enterprise Backup were critical steps in delivering on our commitment to all IT professionals – those managing virtual infrastructure, physical infrastructure and cloud: That they can have uncompromising confidence in their IT infrastructure. Our acquisitions and integration of PHD Virtual and Yuruware continue to pay benefits in the realization of our vision. And as wonderful as 2014 was, we’ve really only just begun to deliver value for our customers and our partners with our cloud-empowered data protection solutions.”
Key highlights for Unitrends in 2014 include:
· Corporate. Unitrends ranked No. 198 in the 2014 Deloitte Technology Fast 500™, an annual list of the fastest-growing public and private technology companies in North America. Unitrends also placed No. 1010 in Inc. magazine’s 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. Unitrends won a Silver Stevie Award in the “Customer Service Department of the Year – Computer Software – 100 or more employees” category at The Stevies™ 2014 American Business AwardsSM . Unitrends was named a bronze winner in the “Customer Service or Contact Center Department of the Year” category in the 2014 Customer Sales and Service World Awards program. In addition to third-party recognition, Unitrends also made several important personnel announcements in 2014, highlighted by the addition of Brad Miller as its new chief financial officer in Q4.
· Cloud, Business Continuity and Disaster Recovery. Unitrends DRaaS was named a winner in the TMC 2014 Cloud Computing Magazine “Product of the Year” Awards. The offering was also named a silver winner in the 2014 Best in Biz Awards “Best New Service of the Year” category. Unitrends DRaaS and the company’s free BC/DR Link tool were named winners in the 2014 TMC Cloud Computing Backup and Disaster Recovery Awards. CRN included Unitrends in its first-ever Cloud Partner Program Guide, a list of the leading technology vendors with cloud-related partner programs designed to benefit members of the indirect IT channel and their cloud initiatives. Major cloud, business continuity and disaster recovery product news was highlighted by Unitrends Boomerang, which enables VMware administrators to use AWS to perform cloudbursting, migration and disaster recovery.
· Backup Appliances and Backup Software. Unitrends was included for the first time in Gartner’s Magic Quadrant for Enterprise Backup Software and Integrated Appliances. Unitrends Certified Recovery Suite™ (UCRS) received the “Best-in-Class” ranking in DCIG’s 2014-2015 Virtual Server Backup Software Buyer’s Guide. Twelve of Unitrends Recovery-Series appliances were in the top 25 appliances rated in DCIG’s 2014-2015 Integrated Backup Appliance Buyer’s Guide. Unitrends was also included in CRN’s 2014 Virtualization 50, an “annual list of the virtualization vendors – established players and startups – that need to be on the channel's radar.”
Unitrends has jump-started 2015 by announcing a new CEO, Kevin Weiss, as well as further extending its data protection leadership with the release of the industry’s first flash-enabled physical backup appliance line and Hyper-V® support in its ReliableDR™ application-level recovery assurance line.
For more information about Unitrends, please visit: www.unitrends.com.
Unitrends delivers award-winning business recovery solutions for any IT environment. The company’s portfolio of virtual, physical and cloud solutions provides adaptive protection for organizations globally. To address the complexities facing today’s modern data center, Unitrends delivers end-to-end protection and instant recovery of all virtual and physical assets as well as automated disaster recovery testing built for virtualization. With the industry’s lowest total cost of ownership, Unitrends’ offerings are backed by a customer support team that consistently achieves a 98 percent satisfaction rating. Unitrends’ solutions are also sold through a community of thousands of leading technology partners, service providers and resellers worldwide. Visit www.unitrends.com.