CTERA's Growth Accelerates in 2019 Amid Soaring Enterprise Demand for Edge-to-Cloud File Services
WPP plc American Depositary Shares (WPP)
US:NYSE Investor Relations:
wpp.com/wpp/investor/financialnews
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Source: PR Web
NEW YORK (PRWEB) March 10, 2020 CTERA, the edge-to-cloud file services leader, today announced strong growth in 2019 driven by the continued demand for its enterprise file services platform. CTERA enters 2020 having realized a 60 percent year-over-year annual recurring revenue increase in its edge-to-cloud solutions, which today power more than 50,000 enterprise locations and millions of corporate devices in 110 countries. CTERA's global file system is trusted by McDonald's, Humana, WPP, the U.S. Department of Defense, and many other leading organizations. Enterprise IT leaders are tired of the headaches involved with distributed data management. End users and devices generate massive amounts of unstructured data every day, and traditional NAS and file servers quickly reach capacity limits creating silos of information across remote sites. Data replication and backups across sites require complex processes. Multi-site collaboration is limited or non-existent. Full-time IT personnel a
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