Fusion-io Reports Record Q2

Company doubles customers for the second consecutive quarter and triples overall sales

January 8, 2009

1 Min Read
NetworkComputing logo in a gray background | NetworkComputing

SALT LAKE CITY -- Fusion-io, a leading provider of enterprise solid-state technology and high-performance I/O solutions, today announced that the company experienced record sales performance in fiscal Q2 09. For the months beginning September ’08 through November ’08, Fusion-io added 151 customers across the Fortune 1000 and recorded several million dollars in new customer sales. The numbers validate Fusion-io's strategy to address the enterprise market with a high-performance silicon storage product.

Since June 1, 2008, Fusion-io has brought its total number of customers to more than 300; the company also tripled the previous quarter’s revenues. Fusion-io’s acquisition of a record number of customers demonstrates that IT departments need a new type of solution to address their growing data performance requirements, while also lowering their total cost of ownership and operating expenses—essential during an economic downturn.

“Our sales team did an excellent job of winning accounts and proving that a company with the right product offerings and price point can quickly win the business of these highly coveted Fortune 1000 enterprises,” said Dixon R. Doll, Jr., senior vice president of sales and corporate development for Fusion-io. “Enterprise IT desperately needs superior I/O speeds and reliability from their storage infrastructure in order to meet the demand to constantly process increasingly complex data sets at greater speeds. This need has produced pent up demand and, alongside fiscal concerns and shrinking budgets, has led to a rapid enterprise marketplace adoption rate for Fusion-io. The credit goes to our field sales teams for their outstanding execution.”

Fusion-io Inc.

SUBSCRIBE TO OUR NEWSLETTER
Stay informed! Sign up to get expert advice and insight delivered direct to your inbox

You May Also Like


More Insights