SOURCE: Sonian

Sonian

September 28, 2010 10:20 ET

Sonian Drives Explosive Growth in 2010

Company Shows Significant Market Traction Over Past Three Quarters

NEEDHAM, MA--(Marketwire - September 28, 2010) -  Sonian, the pioneering provider of cloud-powered archiving services, has experienced explosive growth since the beginning of 2010. With large increases in its customer base, total revenue and data under management, Sonian has captured significant market traction versus competitors during the period. This success highlights the appeal of Sonian's simple and affordable service and validates the Company's partner-driven business model.

The Company has achieved the following since January of this year:

  • Expanded customer base by 107 percent, to 4100, during the nine-month period
  • Increased revenue 147 percent versus the same period in 2009
  • Increased the number of mailboxes under management by 124 percent
  • Increased data under management from 12.7 TB to 41.7 TB, a growth of 228 percent
  • Expanded the Sonian team by 69 percent

"As a relative newcomer to the data management space, with only three years of market experience under our belts, we are seeing tremendous growth that reflects the strength of our vision and our execution," said George Nichols, CEO of Sonian. "The traction we have achieved to date in 2010 underscores the fact that our service is a simple, powerful way to effectively meet the archiving needs of businesses today. Our fixed price model, unlimited storage capacity and sub-second search capability are attracting companies facing storage, compliance and eDiscovery challenges."

This year, Sonian has announced key partnerships, introduced IM and social media archiving abilities and was named one of 40 vendors to watch by Information Management Magazine. This traction, in addition to the solution's scalability and flexibility, has helped to propel the Company forward over the past three quarters.

"Sonian is emerging as one to watch in the cloud-based data archiving space," said Simon Robinson, research director for storage at independent IT analyst firm The 451 Group. "With an offering that is tailored for SMBs, hosted in the cloud and searchable, Sonian is delivering some of the key criteria required to take advantage of this opportunity."

About Sonian
Sonian delivers on-demand archiving services that enable organizations to address eDiscovery needs, achieve regulatory compliance, and reduce IT costs. Sonian's services can be deployed in minutes, require no hardware or software, and are compatible with many email, instant messaging, and social media platforms. Sonian provides the only archiving offerings in the market built from the ground up using advanced cloud computing technologies. Over 4000 customers benefit from Sonian's industry-leading security, performance, and usability. Boasting strong partnerships with the world's leading technology companies, Sonian combines innovative technology with deep archiving expertise to satisfy customers of all sizes and industries. For more information, please visit www.sonian.com.

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