2020 was a very good year for the company showing strong growth despite the Covid pandemic. Henri Richard joined the board of directors, Data Dynamics acquired Infintus for content indexing and search strengthening its data governance aspect and Lenovo partnership skyrockets.
StorageX 8.3 was released recently as a minor release essentially with improved performance. The product continues to be the preferred choice for data management for scalable NAS for everything related to data replication, distribution, collaboration, protection or optimization of cost and storage. Recent developments were made around object and cloud storage therefore S3 and Azure Blob to integrate seamlessly in the data movement workflow.
StorageX had demonstrated for more than a decade its unique capabilities illustrated by NetApp and Lenovo oem deals.
Data Dynamics insists also on the platform notion of StorageX as a major differentiator against other market tools or products. A tool is just for very limited task during a limited portion of time and then you forget it. A product is better in terms of usages, it is more larger and can reside longer but it's still limited to very limited usages. Therefore to deliver consistent regular efficient data services and more globally IT services, administrators have to multiple tools and products and by effect creates obviously some complexity that increases costs and degrades performance and efficiency finally. A platform is a radical new and different approach, it is resident, you build services around it and therefore it structures how administrators manage services as it delivers multiple key functions from the same solution. Its role is central and paramount and used everyday representing a strategic IT service asset to sustain business.
The StorageX companion is Insight AnalytiX built on the Infintus content indexing and analysis engine to extend data management towards data governance with regulations alignments and compliance and therefore contribute to limit risk exposure.
2021 should be a new year of market success and penetration for Data Dynamics, we expect some revenue progress but also new partnerships especially around hyperscalers.
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