3PAR (NYSE: PAR), the leading global provider of utility storage, has been named one of the top 150 fastest-growing companies on the Technology Fast 500, Deloitte LLP's ranking of 500 of the fastest-growing technology, media, telecommunications, life sciences, and clean technology companies in North America.
Rankings are based on percentage of fiscal year revenue growth during the five-year period from 2004 to 2008. 3PAR grew 1.236% during this period.
“Securing a spot in the top 150 fastest growing companies on Deloitte's Technology Fast 500 is evidence that 3PAR's hyper-efficient, autonomic approach to storage is the ideal fit for virtual data centres and public cloud deployments, both of which have been on the rise as organisations have continued to seek shelter from cost pressures while also seeking to develop new lines of business,” said David Scott, President and CEO of 3PAR.
“Continued investment in research and development has strategically positioned 3PAR for the long-term and helped establish our utility storage arrays as the de facto standard for the virtual data centre and public cloud computing deployments. 3PAR continues to bring to market pioneering new technologies that drive this success.”
“3PAR continues to gain market acceptance in South Africa, mirroring the global growth of 3PAR, while achieving local expansion in the traditionally niche enterprise storage space; this accolade is a further testament to what we are achieving in a tough sector,” adds Adam Day, Storage Product manager at SYSDBA.
Technology Fast 500 selection, qualifying criteria
Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500 Web site, and public company database research conducted by Deloitte LLP. Technology Fast 500 award winners for 2009 are selected based on percentage fiscal year revenue growth during the five-year period from 2004 to 2008.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenue. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenue.
Technology Fast 500 award eligibility requirements include a base-year operating revenue of at least $50 000 or CD, and current-year operating revenue of at least $5 million or CD. Additionally, this revenue must have more than doubled between 2004 and 2008. Also, companies must be in business for a minimum of five years, and be headquartered within North America.
3PAR utility storage is available in South Africa exclusively via SYSDBA. Further information on the 3PAR utility storage is available at www.sysdba.com or contact Adam Day directly on 011 287 2909 or via email at adam.day@sysdba.com for further details on what benefits 3PAR can bring to your organisation.
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SYSDBA
Founded in 1996, SYSDBA specialises in utility storage, consolidation and virtualisation. SYSDBA focus on providing solutions and services that help to optimise utilisation of resources within the data centre across servers, storage and networks. In designing solutions SYSDBA has chosen products, defined as visionary by the industry analysts and offer significant value over traditional solutions.
3PAR
3PAR (NYSE: PAR) is the leading global provider of utility storage, a category of highly virtualised and dynamically tiered storage arrays built for public and private cloud computing. Our virtualised storage platform was built from the ground up to be agile and efficient to address the limitations of traditional storage arrays for utility infrastructures. As a pioneer of thin provisioning and other storage virtualisation technologies, we design our products to reduce power consumption to help companies meet their green computing initiatives, and to cut storage total cost of ownership. 3PAR customers have used our self-managing, efficient, and adaptable utility storage systems to reduce administration time and provisioning complexity, to improve server and storage utilization, and to scale and adapt flexibly in response to continuous growth and changing business needs. For more information, visit the 3PAR Website at: www.3PAR.com.