CHATSWORTH, Calif., Feb. 23, 2021 /PRNewswire/ — DDN®, the world leader in artificial intelligence (AI) and multicloud details administration alternatives, today declared report-breaking yearly earnings of $400 million and its best ever profitability in 2020. With an set up base of far more than 11,000 clients and a faithful international community of resellers and distributors, the firm sent 52 % in revenue progress from 2018 to 2020 below its DDN and Tintri® makes. 2020 also marks the fifth consecutive calendar year of shopper expansion, and revenue and profitability expansion for DDN.
Though world-wide pandemic issues touched the life of anyone throughout the globe, DDN’s Clever Infrastructure solutions played a key position in assisting several of the world’s main science and exploration facilities discover, avert, handle, and pave the path to eradicate COVID-19. DDN’s storage techniques at St. Jude Children’s Research Hospital and The Sanger Institute, section of the COVID-19 Genomics British isles consortium (COG-United kingdom), are just two examples of the several primary investigate amenities relying on DDN to intelligently process large quantities of information and deliver significant scientific breakthroughs.
“In 2020 we grew DDN’s topline to $400 million, providing our greatest monetary general performance ever, and for that we thank our wonderful customers, companions and DDN workforce members. In addition, with a 65 percent increase in our research and advancement investments for the last two several years, we go on to be entirely dedicated to prolonged time period technological innovation,” stated Alex Bouzari, CEO and co-founder, DDN. “However, we are most proud of obtaining shipped technological innovation which performed a aspect in helping build COVID-19 vaccines, curtailing the spread of the devastation caused by this sickness, and in the long run conserving many lives.”
DDN answers are deployed by extra than 11,000 consumers throughout Company At Scale, AI and analytics, HPC, governing administration and academia. 30 % of the vehicle and aerospace suppliers, 40 percent of top financial investment banking institutions, 50 p.c of the world’s major oil and fuel services, 70 percent of the best 500 supercomputers and 100 percent of the world’s major service companies use DDN Intelligent Infrastructure products and solutions and remedies. Together with its Tintri Company division, DDN carries on to innovate in new and exciting marketplaces, these types of as Autonomous Driving, AI and Hybrid Cloud, expanding its overall Business revenue by far more than 600 percent considering that 2018.
The correct measure of DDN and Tintri benefit is in serving to its prospects attain fantastic achievement by means of sophisticated facts storage and Smart Infrastructure alternatives, though lowering customer operating fees by up to 95 % and conserving them billions of pounds annually. Corporations around the globe have persistently ranked DDN as the number-1 Clever Infrastructure supplier for At Scale necessities and the variety-a person Large Information storage seller.
DDN is the world’s most significant private knowledge storage organization and the primary supplier of clever technological innovation and infrastructure options for Company At Scale, AI and analytics, HPC, government and academia clients. By way of its DDN and Tintri divisions the organization delivers AI, Knowledge Management application and hardware solutions, and unified analytics frameworks to resolve intricate business issues for information-intensive, global companies. DDN supplies its enterprise buyers with the most flexible, effective and reputable details storage remedies for on-premises and multi-cloud environments at any scale. More than the final two a long time, DDN has established alone as the knowledge administration provider of preference for in excess of 11,000 enterprises, federal government, and general public-sector buyers, including numerous of the world’s major monetary services firms, existence science organizations, production and strength corporations, study facilities, and world-wide-web and cloud service suppliers.
Centered in Silicon Valley, Tintri is a wholly owned subsidiary of DataDirect Networks (DDN), the information-at-scale powerhouse and world’s premier privately held storage corporation. Tintri delivers distinctive results in Enterprise facts centers. Tintri’s AI-enabled intelligent infrastructure learns your natural environment to travel automation. Analytical insights help you simplify and speed up your operations and empower information-pushed small business insights. Thousands of Tintri customers have saved thousands and thousands of administration hrs using Tintri. Decide on in a different way, the preference is yours. Learn additional about the Tintri portfolio of alternatives at https://www.tintri.com/products.
Make contact with:
Push Relations at DDN
Walt & Organization, on behalf of DDN
Sharon Sumrit, 408.369.7200 x2981
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