In 2016, we started VAST with a singular vision of simplifying every aspect of data storage, management and processing. By bringing real invention to the table that could ‘defy gravity’, we realized we weren’t just creating a category killer…but a broad ambition was also forming that we hope will result in a killer of categories in the future. Innovation is core to our mission, and we believe that the markets we’re playing in are so entrenched in tradeoffs and so accepting of conventional wisdom that there is only a massive opportunity for a nimble and inventive challenger to upend the status quo and build both a gravity defying product and business success story that entirely transforms the data infrastructure industry.
Today, we are pleased to share that for the first time VAST Data has been recognized in the 2022 Gartner® Magic Quadrant™ for Distributed File Systems and Object Storage. VAST Data has been recognized as a Challenger in this report.
How did we do this?
1. Deliver outsized value to customers and take them to an utterly simple end state.
Up to 100x faster application run times (read the Forbes article on VAST customer Invitae)
75% less acquisition cost than leading alternatives
Recommended by 100% of VAST customers (check out Gartner® Peer Insights™)
Up to 90% lower power, guaranteed lowest vs any alternative (VAST Sustainability Report)
2. Solid execution of a plan built on a vision that is both anchored on the future of computing as well as pragmatic in terms of its potential to be executed upon. Rome was not built in a day, and while we’ve been moving at an unprecedented pace - we’ve also consciously placed a series of incremental bets that create a flywheel effect on our business:
We create game changing innovation that fuels unprecedented market adoption
Our unprecedented market adoption pays for our innovation engine
Innovation creates demand for new capabilities and enhanced demand for existing products
And the flywheel spins as our business grows
In our opinion, maybe the most important aspect of this recognition is how all of the effort measured in the 2022 Magic Quadrant is from a time period from May 2021 through April 2022. Our flywheel keeps spinning, and while we grow we still have so many advantages we plan to bring to the table in the form of new partners, new cloud investments and whole new product dimensions that we’re working hard to align to meet our customer needs.
*Gartner, “Magic Quadrant for Distributed File Systems and Object Storage”, October 19, 2022.
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