Scale Computing Announces Record Software Revenue with 45% Growth and Achieved Profitability
INDIANAPOLIS - January 27, 2021 -Scale Computing, a market leader in edge computing, virtualization and hyperconverged solutions, today announced both reaching profitability and delivering record sales in 2020, driven by its edge computing technology platform, OEM, channel partnerships, and the launch of its business resilience offering, resulting in a total software revenue growth rate of over 45%. Scale Computing recorded the best year in the company’s history, expanding worldwide edge computing platform sales with customers in healthcare, education, manufacturing, transportation, grocery, and retail. The company saw strength in strategic partnerships, channel growth, award recognitions and the introduction of the industry’s first edge computing trial program.
In 2020, Scale Computing responded to the changing global landscape with the announcement of its business resilience solution, built around the highly available HC3 edge computing platform. Building off of its record Q1 momentum, Scale Computing launched the first of a new class of HC3 appliances designed to enhance support for performance-intensive use cases such as database analytics and high density Virtual Desktop Infrastructure (VDI) deployments, and new HC3 infrastructure appliances that deliver the extra processing power of Nvidia GPUs, improving performance for remote workers from the data center to the edge. The company also secured a $30 million funding round led by Elevate Ventures.
Edge computing sales was an important driver for Scale Computing in 2020, with edge deployments growing by 110% year-over-year.
“2020 was a banner year for Scale Computing. In spite of the macro conditions, we delivered record revenue, reached profitability, and emerged as the leader in edge computing. If 2020 taught us anything, it’s that business resilience is essential, and our HC3 platform is providing that, whether in the traditional datacenter, or at the edge,” said Jeff Ready, CEO and co-founder of Scale Computing. “We have put ourselves in position for rapid growth in 2021 as a leader in both edge computing and core hyperconverged solutions. With edge computing, I believe we are only now seeing the start of what will be a 20-year industry trend. With our unique technology, large customer base, and growing ecosystem of partners, this new industry category is one we will continue to lead for years to come.”
Scale Computing delivered edge computing with high availability, increased reliability and ease of use across the healthcare industry.
Goodwill Central Coast, a regional chapter of the wider Goodwill nonprofit retail organization, implemented Scale Computing’s HC3 Edge platform for its IT infrastructure for in-store across its 20 locations.
TechTarget’s Storage Magazine & SearchStorage.com selected Scale Computing as a finalist for its annual Products of the Year Awards for 2020 for the HE150 in Hyper-converged & Composable Infrastructure.
TrustRadius recognized Scale Computing with a 2021 Best Feature Set Award, a 2021 Best of Customer Support Award, and a 2021 Best Usability Award. This trifecta of awards highlights the few companies with outstanding feature sets that have gone above and beyond to delight their users. The company ranked first in all three categories.
Scale Computing was recognized for the fourth consecutive year in the December 2020 Gartner Magic Quadrant for Hyperconverged Infrastructure.
Scale Computing HE150 was named a 2020 CRN® Product of the Year winner in the Internet of Things category. The HE150 was also announced as the winner in the Edge Infrastructure category for CRN’s 2020 Tech Innovator Award.
For the second consecutive year, CRN®, a brand of The Channel Company, named Scale Computing a winner in both the Edge Computing category, newly added this year, and the Converged/ HyperConverged Infrastructure category, of the 2020 CRN Annual Report Card (ARC) Awards.
About Scale Computing
Scale Computing is a leader in edge computing, virtualization, and hyperconverged solutions. Using patented HyperCore™ technology, the company’s HC3 self-healing platform automatically identifies, mitigates, and corrects infrastructure problems in real-time, enabling applications to achieve maximum uptime, even when local IT resources and staff are scarce. Edge Computing is the fastest growing area of IT infrastructure, and industry analysts have named Scale Computing an outperformer and leader in the space, including being named the #1 edge computing vendor by CRN. Scale Computing’s products are sold by thousands of value-added resellers, integrators, and service providers worldwide. When ease-of-use, high availability, and TCO matter, Scale Computing HC3 is the ideal infrastructure platform. Read what our customers have to say on Gartner Peer Insights, Spiceworks, TechValidate and TrustRadius.
Scale Computing Named a Finalist in Storage Magazine, SearchStorage 2020 Products of the Year Awards