Surge in Demand for Dynamic Content Infrastructure Propels DataDirect Networks into Deloitte’s Technology Fast 500™
Scalable Product Portfolio and Leadership Team Expansion Credited for Remarkable Performance
CHATSWORTH, CA — (October 28, 2010) — DataDirect Networks (DDN), the leading data infrastructure provider for the world’s most scalable, content-intensive enterprises, today announced its inclusion in Deloitte’s 2010 Technology Fast 500™, a ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America, for the third time in four years. This award is another validation of the overwhelming reception to DDN technology across content-intensive markets – in fact, DDN is also distinguished as the only storage company named to both the Inc. 500|5000 and Deloitte’s Technology Fast 500™ in 2010.
“We are very pleased to be included in Deloitte’s Technology Fast 500™ for the third time in four years,” said Alex Bouzari, CEO and co-founder, DataDirect Networks. “DDN has successfully developed and deployed a set of highly enabling products and technologies which solve the problems of the next era of content and information management for our customers – this is an era defined by an incalculable growth in the creation of information, and DDN is here to store and manage this deluge of information efficiently and intelligently.”
The Technology Fast 500™ is based on percentage of fiscal year revenue growth during the period from 2005-2009. DDN grew 176 percent during this period, thanks both to expansion in its core high-performance computing and rich media markets, and the emergence of new markets whose needs also are uniquely met by the revolutionary performance, scalability, storage efficiency and uncompromised data protection of DDN technology, including video surveillance, cloud storage, and life sciences.
“DDN’s inclusion on prestigious industry growth lists illustrates the extent to which we are successfully solving the complex technology challenges faced by our customers, and are uniquely positioned to become the next major player in the technology industry,” Bouzari said. “We look forward to continuing our rapid growth as the need to store and manage content and information in every market, industry and geography continues to grow by leaps and bounds.”
“DDN and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S. technology, media and telecommunications leader. “Deloitte commends DDN for this impressive accomplishment.”