SAN JOSE, Calif.--(BUSINESS WIRE)--Connected Data, the creator of Transporter, the world’s first peer-to-peer private cloud-based storage platform, today announced it achieved a significant milestone of 10 Petabytes of storage deployed in its first year of shipments, and a record year of growth. Customer wins across a range of industries including legal, healthcare, education, government and consumer markets have propelled the company to exceed its 2013 revenue and unit goals.
Customers use Transporter to collectively sync, access, protect and share an enormous volume of documents and multimedia files. How much is 10PB of data? Download this infographic at http://www.filetransporter.com/10PB to learn more. To put 10 Petabytes in perspective, it is:
- Three times larger than the entire Netflix Watch Instantly catalog1
- Four times the size of the entire data store of the U.S. Census Bureau2
- Five times the data stored in all U.S. academic research libraries2
"Cloud storage is playing an increasingly important role in enabling collaborative workflows,” said Tom Coughlin, President of data storage industry analyst and consulting firm Coughlin Associates. “10 Petabytes of storage deployed by Transporter last year is an impressive achievement and points to users looking to address concerns about privacy and to seek alternatives to the recurring costs associated with traditional cloud-based storage services.”
Transporter products address the global cloud storage market that is expected to grow from $5.6 billion in 2012 to $46.8 billion by 2018, at an estimated CAGR of 40.2%. The North American market commands the largest share; i.e. 60% of the overall market in 2012 at $3.4 billion; and is expected to reach $21.8 billion by 2018, at a CAGR of 33.8% from 2013 to 2018.3
“Users love the flexibility of cloud storage, but want a more cost effective and private alternative. With 10 Petabytes deployed, our growth rate significantly exceeds that of most public cloud companies,” said Geoff Barrall, CEO, Connected Data. “Deployments of this scale in such a short period clearly show that customers value the cost savings and control offered by private cloud storage vs. the more traditional public cloud offerings."
About Connected Data
Connected Data, the creator of Transporter, the world’s first peer to peer private storage device is focused on providing elegantly designed solutions for consumers, professionals and businesses. Transporter devices allow customers to privately share and protect data at a fraction of the cost of fee based cloud services. The Connected Data team consists of the same professionals responsible for the popular Drobo storage array and the creation of the high performance BlueArc Silicon Server. Connected Data is privately funded and based in San Jose, California. For more information, visit www.connecteddata.com.
1 As reported by Business Week: http://buswk.co/1h1qUQf
2 McKinsey & Company: http://www.mckinsey.com/insights/business_technology/big_data_the_next_frontier_for_innovation
3 As reported by Markets and Markets: http://www.sbwire.com/press-releases/private-cloud-storage-market-anticipated-to-reach-468-billion-by-2018-at-a-cagr-of-402-246579.htm
