DDN Reports Results for First Half of 2014

August 19, 2014

SANTA CLARA, Calif., Aug. 19 — DataDirect Networks (DDN) today announced impressive revenue traction for the first six months of 2014, demonstrating a strong trajectory of profitable growth for the company heading into the second half of the year.

The company added more than 20 net new petabyte-class customers including one of world’s largest banks, a leader in global oil and gas exploration, and a major Japan-based automobile manufacturing company, increasing the storage capacity sold year-to-date to over 250PBs.

In the first half of the year, DDN experienced more than 100 percent growth in its Enterprise Big Data and Object based business compared to the first half of 2013, driven by significant growth in Financial Services (FSI), Life Sciences and Energy Exploration markets.

Building on the company’s 1H14 momentum which included new partnerships, expanded footprint and industry recognition, DDN also opened a Paris Advanced Technology Center to enhance its European technology innovation.

Business Highlights: Strong Enterprise and HPC Business, Market and Customer Momentum

As worldwide demand for DDN high-performance, massively scalable storage for Big Data and Cloud use cases grows, current customers continue to broaden their use of the company’s technology offerings while new customers including James Cook University, Japan National Statistics Center (NSTAC), and NSW Office of Environment & Heritage adopt DDN technology.

Coinciding with rapid sales growth, DDN has accelerated its worldwide employee hiring. The company has grown headcount 20 percent since Q1 and plans to add significant further headcount by year’s end. Key hires include new additions to the company’s technical, engineering, sales, marketing and quality assurance teams.

As a commitment to the European market and large user support needs, DDN has also added a new European Advanced Technology Center just outside of Paris. With upwards of 50 employees expected to be hired in the next year, the Center will be a hotbed of research and development focused on innovation in areas such as end-to-end big data lifecycle management and accelerating time to insight through analytics and application acceleration.

Building on its history of supporting the world’s largest, most data-intensive environments, DDN continued to strengthen its technology partnerships in a number of areas notably in supporting object and cloud storage environments. In addition to joining the Active Archive Alliance, DDN also announced a partnership with Hyve Solutions to release the industry’s first enterprise OCP-compliant webscale object storage appliance.

DDN also invested in strengthening its leadership teams in the first half of 2014, adding Molly Rector as the company’s first Chief Marketing Officer, Bob Merkert as Vice President of Federal Sales, and current Cisco Vice President and Treasurer, Roger Biscay to its Board of Directors.

Technology Momentum Fueled by Big Data, Cloud Computing and Web 2.0 Requirements

Rapid data center evolution fueled by such trends as cloud computing, mobility, big data and social networks is prompting customers to look to new technologies specifically designed to deal with rapidly growing amounts of data and changing workloads. The performance, efficiency, scale and density realities that organizations face today require infrastructures that tightly integrate compute, storage and networking all managed by software, which aim to make infrastructures more programmable, automated, flexible and cost-effective.

DDN is focused on addressing these customer requirements and new workload demands with solutions founded on an integrated portfolio of offerings across different tiers of storage including fast data, persistent data and distributed data, all managed by an intelligent resource management layer.

Over the course of the first half of 2014, DDN’s focus on end-to-end data lifecycle for Big Data storage, analytics, cloud and hyperscale use cases, resulted in several new product introductions, including:

  • Object Storage: WOS Technology – Enabling organizations to a build highly reliable, infinitely scalable storage pool for all their unstructured data needs, DDN WOS 360, announced in March 2014, redefines the architecture of scale-out storage infrastructures through a broad set of sophisticated new data protection, archive, collaboration and distribution capabilities designed specifically to meet the five key object storage requirements of customers today: scalability, accessibility, efficiency, reliability and performance. Delivering trillion-file scalability and 200x performance increases over previous generations, when used with the low cost Archive Node, in combination with Global ObjectAssure, WOS 360 helps drive down costs by up to 20 percent.
  • Block Storage: SFA 12K and SFA7700 Appliance Series – In June 2014, DDN announced the world’s highest density storage system with 5 PBs in a single rack. An industry first, the DDN ultra high density SS8460 disk drive enclosures, in conjunction with DDN’s SFA storage platforms, nearly doubles the amount of storage in a single rack than was previously available, providing up to 40 percent more density as compared to even the highest density storage array offerings available in the market today, slashing Operational Expense by half and delivering unprecedented levels of performance and scalability for organizations looking to solve their Big Data challenges.
  • File Storage: WOS-Bridge and EXAScaler and GRIDScaler – Allowing users for the first time to connect their parallel file systems to the cloud, WOS-Bridge, announced in June 2014, when deployed in conjunction with DDN’s parallel file system appliances, EXAScaler and GRIDScaler, provides users seamless cloud tiering, content collaboration and archive of up to hundreds of PBs of parallel file system data across local and remote sites and the cloud, all within one global namespace. This enables enterprises, researchers and educational facilities to increase time to discovery and insight, while significantly reducing complexity of managing islands of information, and slashing storage TCO and management costs.

Industry Accolades

Independent recognition for the company’s technology leadership in the first half of 2014 included:

  • Gartner – In February 2014, Gartner rated DDN Excellent in its 2013 ‘Critical Capabilities for Object Storage’ research report.
  • NewBay Media – In April 2014, from a pool of hundreds of competing new products at the NAB show in Las Vegas, DDN WOS technology was awarded Media and Entertainment (M&E) industry’s prestigious Best of Show Award.

“We are very pleased that our solutions for Big Data storage, object and lifecycle data management are gaining significant recognition in many areas in the enterprise such as finance services, oil and gas, automotive and life sciences. We doubled our revenue in the Enterprise Big Data and Cloud markets in the first half of 2014, achieved profitability and opened a European advanced technology center in Paris. Our solid management team, comprehensive end-to-end Big Data and Cloud storage product portfolio, global footprint and strong profitable growth, ideally position us to continue to capitalize on the Big Data and Cloud market opportunity in the second half of 2014 and beyond,” said Alex Bouzari, CEO, DDN.

Source: DataDirect Networks

Subscribe to HPCwire's Weekly Update!

Be the most informed person in the room! Stay ahead of the tech trends with industy updates delivered to you every week!

PRACEdays Reflects Europe’s HPC Commitment

May 25, 2017

More than 250 attendees and participants came together for PRACEdays17 in Barcelona last week, part of the European HPC Summit Week 2017, held May 15-19 at t Read more…

By Tiffany Trader

Russian Researchers Claim First Quantum-Safe Blockchain

May 25, 2017

The Russian Quantum Center today announced it has overcome the threat of quantum cryptography by creating the first quantum-safe blockchain, securing cryptocurr Read more…

By Doug Black

Google Debuts TPU v2 and will Add to Google Cloud

May 25, 2017

Not long after stirring attention in the deep learning/AI community by revealing the details of its Tensor Processing Unit (TPU), Google last week announced the Read more…

By John Russell

Nvidia CEO Predicts AI ‘Cambrian Explosion’

May 25, 2017

The processing power and cloud access to developer tools used to train machine-learning models are making artificial intelligence ubiquitous across computing pl Read more…

By George Leopold

HPE Extreme Performance Solutions

Exploring the Three Models of Remote Visualization

The explosion of data and advancement of digital technologies are dramatically changing the way many companies do business. With the help of high performance computing (HPC) solutions and data analytics platforms, manufacturers are developing products faster, healthcare providers are improving patient care, and energy companies are improving planning, exploration, and production. Read more…

PGAS Use will Rise on New H/W Trends, Says Reinders

May 25, 2017

If you have not already tried using PGAS, it is time to consider adding PGAS to the programming techniques you know. Partitioned Global Array Space, commonly kn Read more…

By James Reinders

Exascale Escapes 2018 Budget Axe; Rest of Science Suffers

May 23, 2017

President Trump's proposed $4.1 trillion FY 2018 budget is good for U.S. exascale computing development, but grim for the rest of science and technology spend Read more…

By Tiffany Trader

Hedge Funds (with Supercomputing help) Rank First Among Investors

May 22, 2017

In case you didn’t know, The Quants Run Wall Street Now, or so says a headline in today’s Wall Street Journal. Quant-run hedge funds now control the largest Read more…

By John Russell

IBM, D-Wave Report Quantum Computing Advances

May 18, 2017

IBM said this week it has built and tested a pair of quantum computing processors, including a prototype of a commercial version. That progress follows an an Read more…

By George Leopold

PRACEdays Reflects Europe’s HPC Commitment

May 25, 2017

More than 250 attendees and participants came together for PRACEdays17 in Barcelona last week, part of the European HPC Summit Week 2017, held May 15-19 at t Read more…

By Tiffany Trader

PGAS Use will Rise on New H/W Trends, Says Reinders

May 25, 2017

If you have not already tried using PGAS, it is time to consider adding PGAS to the programming techniques you know. Partitioned Global Array Space, commonly kn Read more…

By James Reinders

Exascale Escapes 2018 Budget Axe; Rest of Science Suffers

May 23, 2017

President Trump's proposed $4.1 trillion FY 2018 budget is good for U.S. exascale computing development, but grim for the rest of science and technology spend Read more…

By Tiffany Trader

Cray Offers Supercomputing as a Service, Targets Biotechs First

May 16, 2017

Leading supercomputer vendor Cray and datacenter/cloud provider the Markley Group today announced plans to jointly deliver supercomputing as a service. The init Read more…

By John Russell

HPE’s Memory-centric The Machine Coming into View, Opens ARMs to 3rd-party Developers

May 16, 2017

Announced three years ago, HPE’s The Machine is said to be the largest R&D program in the venerable company’s history, one that could be progressing tow Read more…

By Doug Black

What’s Up with Hyperion as It Transitions From IDC?

May 15, 2017

If you’re wondering what’s happening with Hyperion Research – formerly the IDC HPC group – apparently you are not alone, says Steve Conway, now senior V Read more…

By John Russell

Nvidia’s Mammoth Volta GPU Aims High for AI, HPC

May 10, 2017

At Nvidia's GPU Technology Conference (GTC17) in San Jose, Calif., this morning, CEO Jensen Huang announced the company's much-anticipated Volta architecture a Read more…

By Tiffany Trader

HPE Launches Servers, Services, and Collaboration at GTC

May 10, 2017

Hewlett Packard Enterprise (HPE) today launched a new liquid cooled GPU-driven Apollo platform based on SGI ICE architecture, a new collaboration with NVIDIA, a Read more…

By John Russell

Quantum Bits: D-Wave and VW; Google Quantum Lab; IBM Expands Access

March 21, 2017

For a technology that’s usually characterized as far off and in a distant galaxy, quantum computing has been steadily picking up steam. Just how close real-wo Read more…

By John Russell

Trump Budget Targets NIH, DOE, and EPA; No Mention of NSF

March 16, 2017

President Trump’s proposed U.S. fiscal 2018 budget issued today sharply cuts science spending while bolstering military spending as he promised during the cam Read more…

By John Russell

Google Pulls Back the Covers on Its First Machine Learning Chip

April 6, 2017

This week Google released a report detailing the design and performance characteristics of the Tensor Processing Unit (TPU), its custom ASIC for the inference Read more…

By Tiffany Trader

HPC Compiler Company PathScale Seeks Life Raft

March 23, 2017

HPCwire has learned that HPC compiler company PathScale has fallen on difficult times and is asking the community for help or actively seeking a buyer for its a Read more…

By Tiffany Trader

CPU-based Visualization Positions for Exascale Supercomputing

March 16, 2017

Since our first formal product releases of OSPRay and OpenSWR libraries in 2016, CPU-based Software Defined Visualization (SDVis) has achieved wide-spread adopt Read more…

By Jim Jeffers, Principal Engineer and Engineering Leader, Intel

Nvidia Responds to Google TPU Benchmarking

April 10, 2017

Last week, Google reported that its custom ASIC Tensor Processing Unit (TPU) was 15-30x faster for inferencing workloads than Nvidia's K80 GPU (see our coverage Read more…

By Tiffany Trader

Nvidia’s Mammoth Volta GPU Aims High for AI, HPC

May 10, 2017

At Nvidia's GPU Technology Conference (GTC17) in San Jose, Calif., this morning, CEO Jensen Huang announced the company's much-anticipated Volta architecture a Read more…

By Tiffany Trader

TSUBAME3.0 Points to Future HPE Pascal-NVLink-OPA Server

February 17, 2017

Since our initial coverage of the TSUBAME3.0 supercomputer yesterday, more details have come to light on this innovative project. Of particular interest is a ne Read more…

By Tiffany Trader

Leading Solution Providers

Facebook Open Sources Caffe2; Nvidia, Intel Rush to Optimize

April 18, 2017

From its F8 developer conference in San Jose, Calif., today, Facebook announced Caffe2, a new open-source, cross-platform framework for deep learning. Caffe2 is Read more…

By Tiffany Trader

Tokyo Tech’s TSUBAME3.0 Will Be First HPE-SGI Super

February 16, 2017

In a press event Friday afternoon local time in Japan, Tokyo Institute of Technology (Tokyo Tech) announced its plans for the TSUBAME3.0 supercomputer, which w Read more…

By Tiffany Trader

Is Liquid Cooling Ready to Go Mainstream?

February 13, 2017

Lost in the frenzy of SC16 was a substantial rise in the number of vendors showing server oriented liquid cooling technologies. Three decades ago liquid cooling Read more…

By Steve Campbell

MIT Mathematician Spins Up 220,000-Core Google Compute Cluster

April 21, 2017

On Thursday, Google announced that MIT math professor and computational number theorist Andrew V. Sutherland had set a record for the largest Google Compute Eng Read more…

By Tiffany Trader

US Supercomputing Leaders Tackle the China Question

March 15, 2017

As China continues to prove its supercomputing mettle via the Top500 list and the forward march of its ambitious plans to stand up an exascale machine by 2020, Read more…

By Tiffany Trader

HPC Technique Propels Deep Learning at Scale

February 21, 2017

Researchers from Baidu's Silicon Valley AI Lab (SVAIL) have adapted a well-known HPC communication technique to boost the speed and scale of their neural networ Read more…

By Tiffany Trader

DOE Supercomputer Achieves Record 45-Qubit Quantum Simulation

April 13, 2017

In order to simulate larger and larger quantum systems and usher in an age of "quantum supremacy," researchers are stretching the limits of today's most advance Read more…

By Tiffany Trader

Knights Landing Processor with Omni-Path Makes Cloud Debut

April 18, 2017

HPC cloud specialist Rescale is partnering with Intel and HPC resource provider R Systems to offer first-ever cloud access to Xeon Phi "Knights Landing" process Read more…

By Tiffany Trader

  • arrow
  • Click Here for More Headlines
  • arrow
Share This