Copy Data Management Leader Recognized for Enterprise IT Innovation and Leadership in the New England Region
WALTHAM, MA – June 27, 2013 – Actifio™, the radically simple copy data storage company, today announced that its founder and chief executive officer, Ash Ashutosh, was named by Ernst & Young as the 2013 Entrepreneur of the Year for the New England region at a gala celebration held last night at the Renaissance Waterfront Hotel in Boston. Ashutosh was selected among the 32 finalists who represented the region’s top executives across, all major industry groups.
The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in innovation, financial performance, and personal commitment to their businesses and communities. Considered among the world’s most prestigious business awards, the Entrepreneur of the Year honor adds Ashutosh to a lifelong community of America’s most accomplished and successful entrepreneurs. Ernst & Young comments, “the honorees not only create and build market-leading businesses, they also help take the standard of excellence to new heights, transfer the face of their industry, create jobs and contribute to the vibrancy of communities.”
In founding Actifio, Ash recognized that unchecked data growth – a problem consistently among business-minded CIO’s top priorities – had its roots in the very architectures that defined the storage industry. Actifio’s founding insight was that while every established enterprise storage technology had been optimized to manage production data, a system purpose-built to address the unique requirement of “copy data” would truly solve the problems created by the storage explosion, including unmet SLA’s, extended recovery times, complex IT environments, and labor intensive IT management requirements.
Under Ash’s direction, Actifio has since become the fastest growing enterprise storage firm ever from inception. 2012 saw Actifio achieve a record 700 percent year-over-year growth (and seven consecutive quarters of quarterly year-over-year growth over 500 percent). Actifio has grown from 2 to 220 employees since Ash founded the company in 2009. IDC recognized Actifio as leading an entirely new category of enterprise storage called Copy Data Storage and sized the market opportunity at $44 billion in 2013.
Actifio has also enjoyed great recognition from the industry including being named to Gartner’s 2013 Magic Quadrant Storage Magazine “Product of the Year” winner, and being selected as one of the 50 most promising companies in America by Forbes magazine.
“I am humbled to accept this award on behalf of Actifio,” said Ash Ashutosh. “The foundations of this honor lie in the relentless focus on delighting our users and a deep-rooted culture of customer-centricity across Actifio. With the strong support of our users, we are on a mission to transform the the $44billion copy data storage market and change the underlying economics of the storage industry on its head.”
Now in its 27th year, the Entrepreneur Of The Year® Program has expanded to recognize business leaders in more than 140 cities in more than 50 countries throughout the world. Award winners in several national categories, as well as the Ernst & Young National Entrepreneur Of The Year® Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 16, 2013.
Actifio is radically simple copy data management. Our copy data storage platform lets businesses recover anything instantly, for up to 90 percent less. Actifio eliminates siloed data protection applications, virtualizing data management to deliver an application-centric, SLA-driven solution that decouples the management of data from storage, network and server infrastructure. Actifio has helped liberate IT organizations and service providers of all sizes from vendor lock-in and the management challenges associated with exploding data growth. Actifio is headquartered in Waltham, Mass., with offices around the world. For more information, please visit https://www.actifio.com/ or email firstname.lastname@example.org.
About Ernst & Young
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About Ernst & Young Entrepreneur Of The Year®
Ernst & Young Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.
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