Saturday, 30 April 2022

FOR SECOND CONSECUTIVE YEAR, DELPHIX SPEEDS UP GROWTH, PROFITABILITY

KUALA LUMPUR, April 29 (Bernama) -- Delphix, the industry leader in DevOps test data management (TDM), has announced closing fiscal year 2022 with a second consecutive year of accelerated revenue growth and profitability at a scale well over US$100 million in annual recurring revenue (ARR). (US$1 = RM4.355)

With increasing activity from hostile nation states and ransomware gangs, companies around the world need a solution to automate and secure test data for enterprise applications.

As a result, the company also reported 36 per cent faster year-over-year growth of its large, enterprise customer base driven by increasing data risks.

Delphix’s growth comes as companies worldwide continue to invest in innovative DevOps solutions to accelerate application delivery, modernise legacy infrastructure, and move applications across the multicloud. 

“Enterprise applications all need test data for fast, quality releases. But test data has traditionally been slow, complex, and filled with risk,” said Delphix Founder and CEO, Jedidiah Yueh in a statement.

“Delphix helps companies like Banco Carrefour, The University of Manchester, and BNP Paribas release applications quickly while improving data security and compliance.”

Delphix delivers an innovative API-first data platform that transforms application delivery with comprehensive data controls. By automating data delivery into test environments, Delphix helps software developers innovate faster while reducing compliance and security risk.

Test data management is a critical component of application development but is often slow and manual. The Delphix DevOps Data Platform enables teams to create, manage, and automate hybrid cloud-based data environments to support CI/CD pipelines and train AI/ML algorithms.

Delphix Growth Highlights include expanded large enterprise customer base; and, appointed new additions to the global leadership team. Delphix also introduced multiple innovations across the company’s product offerings in the last fiscal year.

Among new additions to the global leadership team include Robert Stevenson, VP of Japan Operations; Josh Harbert, Chief Marketing Officer; and, Pritesh Parekh, Chief Trust & Security Officer, VP of Engineering.

Delphix has introduced Continuous Vault, a ransomware-specific capability that boosts the Delphix platform’s data isolation capabilities and strengthens data protection for enterprises; and, Data Control Tower, which provides a single point of control for API-driven test data automation across development pipelines at scale.

More details at www.delphix.com.

-- BERNAMA

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