Innovative data management company ranks third and continues to climb the ranks having doubled down on Data Management as a Service, data security in a multicloud world and partnerships
Cohesity, a leader in innovative data management, announced today that it has been insert in the Forbes 2022 Cloud 100, the definitive ranking of the 100 best private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures.
Over the past year, Cohesity has brought innovative new Data Management as a Service (DMaaS) offerings to market that give enterprise and midsize customers another radically simple way to manage, protect and recover their data, while enjoying exceptional choice and flexibility. These SaaS offerings are operated by Cohesity and hosted on Amazon Web Services (AWS). Cohesity has also continued to expand the regions where DMaaS offerings are available globally. Key announcements include:
- Cohesity goes beyond the Zero Trust paradigm with new SaaS solutions designed to tackle increasingly sophisticated ransomware attacks
- Cohesity announces Disaster Recovery as a Service, an automatic disaster recovery service that minimizes application downtime and data loss
Cohesity and Rackspace also announced a partnership strategica to provide managed multicloud backup and recovery solutions to Rackspace Technology customers globally.
Cohesity continues to be recognized as an innovator, disruptor and market leader in innovative data management for the multicloud era. In addition to the Forbes ranking, Cohesity recently earned the following recognitions:
- for the third consecutive year it was included among CRN's 100 Coolest Cloud Companies
- è stata nominata “Leader” e “Outperformer” in due report di GigaOm Radar: GigaOm Radar for Hybrid Cloud Data Protection: Large Enterprise e GigaOm Radar for Hybrid Cloud Data Protection: Small and Medium-Sized Enterprises. This is the third time Cohesity has been named a “Leader” in the Large Business Report.
“Cohesity sits at the intersection of three of today's most pressing business problems – cloud, security and data management – and is trusted by four of the top 10 Fortune 500, five of the top 10 U.S. banks and two of the top five global pharmaceutical organizations,” he says Sanjay Poonen, CEO and President of Cohesity.
"Our ranking in the 2022 Forbes Cloud 100 – which has improved by 32 places in the last two years alone – confirms that we are empowering many of the world's largest companies to leverage our technology to improve data security and dramatically simplify data management in a hybrid and multicloud world. On behalf of the entire Cohesity team, I would like to thank Forbes, Bessemer and Salesforce Ventures for the Forbes 2022 Cloud 100 recognition," he added Poonen.
For the seventh consecutive year, the Cloud 100 report annually reviews applications from hundreds of cloud startups and private companies. The Cloud 100 evaluation process involves ranking companies based on four factors: market leadership (35%), estimated valuation (30%), operational criteria (20%) and people & culture (15%). When it comes to market leadership, the Cloud 100 enlists the help of a panel of CEOs from public cloud companies who help evaluate and rank their peers from private companies.
“The companies on the Cloud 100 list represent the best and brightest private companies in this rapidly growing sector,” he said Alex Konrad, Senior Editor at Forbes. "Each year it becomes more and more difficult to make this list, which means that the companies that make it are even more elite. Congratulations to all the 2022 Cloud 100 honorees."
"Public markets may be in turmoil, but private Cloud 100 valuations continue to rise. All 2022 Cloud 100 companies have reached the $1 billion valuation milestone, and the average valuation has risen to $7.4 billion," he said Mary D’Onofrio, Partner di Bessemer Venture Partners. “Despite the market correction in 2022, our confidence in the cloud economy continues to grow: today, more than 70% of companies included in the 2022 Cloud 100 have reached or exceeded $100 million in annual recurring revenues, making them “Cloud Centaurs”. An additional 10% of companies on the list are expected to reach this milestone by the end of the year, confirming our belief that this year's honorees truly represent the best cloud companies globally”.
“Great companies are born in all environments, and it's exciting to see the cloud industry continue to grow,” he said Alex Kayyal, Managing Partner di Salesforce Ventures. “The companies on this list have passed a rigorous selection process and join an esteemed list of companies previously named to the Cloud 100. As the need for digital transformation continues to drive innovation and efficiency across all industries, we can look to these companies as the absolute best in cloud computing.”
The Forbes 2022 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100. Highlights from the list appear in the magazine's August/September 2022 issue Forbes.
This year, CEOs of The Cloud 100 and 20 Rising Stars companies will be honored with digital content launches and an exclusive “Cloud 100 Celebration” hosted by Bessemer Venture Partners, Salesforce Ventures and Forbes. Special thanks to the event sponsors: Amazon Web Services (AWS), Bank of America, Cooley, Fuel a McKinsey Company, Goldman Sachs, J.P. Morgan, Morgan Stanley, Nasdaq and Silicon Valley Bank.
