The Latest Unitrends News
Product and Solution Information, Press Releases, Announcements
Unitrends Achieves 21st Consecutive Quarter of Record Growth | |
Posted: Wed May 21, 2014 02:43:15 PM | |
82 percent year-over-year growth accelerates company’s path to $100 million in annual revenue. COLUMBIA, S.C. -- May 21, 2014 -- Unitrends, the industry’s fastest-growing multi-environment data protection and disaster recovery company, today reported that the company achieved its 21st consecutive quarter of record growth in Q1 2014. Unitrends’ remarkable, sustained performance in Q1 2014 can be attributed to its successful acquisition of PHD Virtual Technologies, as well as continued demand for stellar customer support and affordable, flexible data protection solutions for heterogeneous environments. Key highlights from the quarter include:
“Unitrends offers organizations a value proposition unrivaled in the industry – unprecedented flexibility combined with greater governance over backup and recovery processes,” said Mike Coney, president and CEO of Unitrends. “Our expanding product portfolio enables customers to select the right mix of on-premise, second site and cloud-based data protection solutions that meet their unique and ever-evolving infrastructure requirements. With Unitrends, companies can play IT safe at the best cost-to-value ratio in the industry.” Driving Innovation in Backup and Disaster Recovery Throughout the first quarter of 2014, Unitrends made several key product enhancements designed to give customers greater governance over data backup and disaster recovery, as well as iron-clad proof that their recovery strategy will remain 100 percent effective.
Milestone Channel Achievements February 2014 marked the one year anniversary of UniRewards, the company’s lucrative loyalty program. Since its launch, participating channel representatives worldwide have earned more than $1.5 million in cash awards and delivered more than $90 million in new sales pipeline opportunities. Unitrends’ Service Provider Program, which launched in August 2013, also achieved rapid growth in the first quarter of 2014. The program saw a 100 percent increase in monthly recurring revenue over Q4 2013. UniRewards and Unitrends’ Service Provider Program – both focal points of the company’s channel strategy – helped the company achieve a 5-Star rating in the CRN 2014 Partner Program Guide, a definitive listing of technology vendors that service solution providers or provide products through the IT channel. Bob Gagnon, Unitrends’ vice president of channel sales worldwide, was also recognized in the quarter as a CRN 2014 Channel Chief for the fourth consecutive year. Kudos from the IT Community Unitrends’ explosive growth and tremendous success is best demonstrated by the constant recognition the company receives from its customers and IT peers. Recent comments by members of Spiceworks™, the world’s largest IT community, reflect Unitrends’ unrivaled commitment to providing customers with the most affordable and effective backup and disaster recovery solutions, as well as the best customer support, in the data protection industry:
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