Global Hybrid Cloud Growth Accelerates Demand for Cirrus Data Mobility
SYOSSET, N.Y., Oct. 13, 2022 (GLOBE NEWSWIRE) — Cirrus Data Solutions (“CDS”), the market leader in block data mobility technology and services, announced it has achieved record results in the third quarter and year-to-date for fiscal 2022.
“Cirrus Data outperformed across all areas of our business during the third quarter and for the year-to-date 2022,” said Wayne Lam, Chairman and CEO of Cirrus Data Solutions. “We unlocked new addressable markets by delivering industry-leading data mobility capabilities for hybrid cloud deployments in some of the most mission critical data centers in the world. Global bookings increased 318% year-to-date 2022 compared with 2021, all leading to rapidly increasing profitability and cash flow growth.”
Third Quarter Company Highlights:
“2022 is another dynamic period for organizations around the globe as they balance the dramatic growth in data and digital services with concerns about the macro economy,” said Ron Croce, Executive Vice President, Worldwide Sales & Marketing and Chief Revenue Officer at Cirrus Data Solutions. “Our cloud data mobility solutions offer customers outstanding ROI, leading to rapid adoption of this cloud storage cost optimization enabler. Cirrus Migrate Cloud solution was in a stealth marketing mode for the last year as early adopters began deploying the software-only solution and achieving outstanding results. With a year of record results, we are excited to lift the veil and begin sharing more exciting news about the rapid adoption of this Data Mobility-as-a-Service offering that has quickly become one of the world’s leading block data mobility solutions.”
More information on Cirrus Migrate Cloud is available at https://www.cirrusdata.com/cloud-migration/.
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