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Delphix accelerates growth for a second consecutive year

Delphix accelerates growth for a second consecutive year

REDWOOD CITY, Calif., May 3– Delphix, the industry leader in DevOps test data management, announced its closing fiscal year 2022 with a second consecutive year of accelerated revenue growth and profitability at a scale well over $100M in annual recurring revenue.

With increasing activity from hostile nation states and ransomware gangs, companies around the world need a solution to automate and secure test data for enterprise applications. As a result, the company also reported 36% faster year-over-year growth of its large, enterprise customer base driven by increasing data risks.

Delphix’s growth comes as companies around the world continue to invest in innovative DevOps solutions to accelerate application delivery, modernize legacy infrastructure, and move applications across the multicloud. Delphix offers the only DevOps TDM platform that automates the delivery of secure, compliant data for test and development, enabling up to 10x faster innovation.

“Enterprise applications all need test data for fast, quality releases,” said Jedidiah Yueh, Delphix Founder and CEO. “But test data has traditionally been slow, complex, and filled with risk. Delphix helps companies like Banco Carrefour, The University of Manchester, and BNP Paribas release applications quickly while improving data security and compliance.”

Delphix DevOp

Banco Carrefour in Brazil utilizes the Delphix DevOps Data Platform to accelerate application releases while ensuring data security and compliance with privacy regulations such as Brazil’s General Data Protection Law (LGPD). Delphix empowers development teams with 320x faster data availability for financial reporting and analytics, enables faster application releases, and helps save 70% on storage.

Delphix delivers an innovative API-first data platform that transforms application delivery with comprehensive data controls. By automating data delivery into test environments, Delphix helps software developers innovate faster while reducing compliance and security risk.

Delphix also helps companies recover faster from ransomware attacks by continuously protecting data and making historical data immutable.

“We selected Delphix, because we like the technology as a tool to move data efficiently from one place to another, to reconstruct, to travel to the past,” said Yves Caseau, Group Chief Digital & Information Officer at Michelin. “If we look at what we’ve done, we used Delphix to move data from our Exadata server legacy to community Linux servers to get more scalability and lower cost.”

“We are also using Delphix as a way to accelerate innovation and set up new test and development environments faster. We can get all the appropriate data very fast with a few pointers and a few clicks and have a virtual transfer of the data as opposed to a physical one,” Caseau added.

Test data management is a critical component of application development but is often slow and manual. The Delphix DevOps Data Platform enables teams to create, manage, and automate hybrid cloud-based data environments to support CI/CD pipelines and train AI/ML algorithms.

“Compliant test data is the lifeblood of DevOps and ensuring continuous access to it is key for enterprises to accelerate application delivery,” said Jim Mercer, Research Director of DevOps and DevSecOps at IDC. “With digital transformation becoming increasingly essential for enterprises to compete across today’s marketplaces, we continue to see the need for modern TDM solutions across multiple industries.”

Delphix Growth Highlights

Delphix also introduced multiple innovations across the company’s product offerings in last fiscal year, including: