Market Overview

Pivot3 Delivers More than 70-Percent Growth in Q2 2018

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Sees significant spike in hybrid cloud platform initiatives and
Internet of Things use cases

Pivot3,
the hyperconverged infrastructure (HCI) technology and performance
leader, today announced that it experienced more than 70-percent growth
in Q2 2018 over Q2 2017, with continued expansion into hybrid cloud with
multiple-workload use cases using Pivot3 as the IT platform. As
enterprises evolve their infrastructure to support connected devices at
the edge, Pivot3 also saw a significant increase in Internet of Things
(IoT) use cases with continued growth in smart city initiatives around
the globe, led by increasingly sophisticated imaging and analytics
applications delivering value to customers.

"Digital transformation is the catalyst for IT to quickly become far
more agile and responsive to business needs, and our continued growth
validates that there's never been a greater need for technology that
offers security, resilience and simplicity at scale for mission-critical
workloads," said Ron Nash, CEO, Pivot3. "Pivot3 is uniquely positioned
to support a software-defined future with industry-leading performance
and technology as the backbone of hybrid cloud, Internet of Things and
smart city initiatives."

Pivot3's developments in Q2 2018 include:

  • Product and functionality expansion of Pivot3's Intelligent Hybrid
    Cloud, allowing customers to simplify and automate the management of
    multiple clouds with workload mobility and disaster recovery
    capabilities across Amazon Web Services, Microsoft Azure and Google
    Cloud.
  • Expansion into even more hybrid cloud multiple-workload use cases, and
    significant increases in IoT use cases and smart city initiatives.
  • Large enterprise customers delivered 65 percent of the company's
    revenue in Q2, with a 74-percent increase in average sales price in Q2
    2018 over Q2 2017. The company closed its largest deal in history, and
    closed more $1 million deals than ever.
  • More than 70-percent growth in Q2 2018 compared to Q2 2017.
  • A diverse range of new customers, including Caesars Entertainment EMEA
    and multiple United States government, military and intelligence
    agencies.
  • Delivery of secure, compliant infrastructure solutions that ensure
    high levels of data protection in part through its partnership with
    HyTrust, a leading cloud workload security vendor.
  • Growth of the Global Channel Partner Program, with a 40-percent
    increase in deal registrations from the channel in Q2 2018 over Q2
    2017.
  • Adding new senior leaders to territories to support global growth,
    with Abdullah Hifzi joining as regional sales director driving
    Pivot3's hybrid cloud business in Dubai, Anthony Koo joining
    as regional sales director in Singapore, and Prakash Prabhu joining as
    regional sales director in India.

"Pivot3's automation and intelligence features are changing
how customers support mission-critical, performance-intensive hybrid
cloud and smart city initiatives," said Camberley Bates, Managing
Director & Analyst at Evaluator Group. "As enterprises continue on the
journey of digital transformation, solutions like Pivot3's Intelligent
Hybrid Cloud will help IT meet the demands of business with greater
agility and speed."

"Executives are turning to IT to support greater business agility and
responsiveness, and technology must evolve with intelligent features and
solutions," said Nash. "As we look to the future, we see a world in
which infrastructure is dynamically and automatically assembled to
efficiently and reliably guarantee business services. Pivot3 is well
positioned to drive this evolution as the only provider with patented
technology designed from the ground up to provide security, resilience
and automation at enterprise scale to deliver mission-critical business
services."

About Pivot3

Pivot3 provides easy to use and efficient solutions that deliver
intelligence and automation to simplify multi-cloud environments. Built
on hyperconverged infrastructure, Pivot3's advanced intelligence engine
combines policy-based management, inference and orchestration
capabilities, and industry-leading performance to automate management,
resource allocation, workload mobility and data placement across hybrid
cloud environments so IT can focus on delivering the applications and
services that power your business. With more than 2,500 customers in 54
countries and over 18,000 deployments in healthcare, government,
transportation, security, entertainment, education, gaming, retail and
more, Pivot3 is defining the future of intelligent hybrid cloud
computing with smarter infrastructure solutions.

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