CTERA Reports Rapid Growth in 2020 Amid Increased Demand for the Multi-Cloud Global File System

Published: 03 March 2021

CTERA, the edge-to-cloud file services leader, today announced strong growth in 2020 driven by continued demand for its multi-cloud global file system. CTERA enters 2020 having realised a 47 percent year-over-year annual recurring revenue increase in its edge-to-cloud solutions. CTERA today delivers the most broadly implemented enterprise cloud file storage solution, deployed in over 50,000 sites in 110 countries and utilised by millions of corporate users daily.

As organisations worldwide close large campuses in favour of regional branches and satellite or work-from-home offices, they are prioritising global file system technologies that centralise data access and deliver an HQ-grade experience from any edge location or device. Additionally, they are leveraging the global file system’s built-in security and data protection tools to stop the proliferation of ransomware and other cybercrime attacks through increasing remote file access channels.

CTERA’s business growth capped an impressive year highlighted by new Fortune 500 customer wins,including leading global brands such as W.L. Gore and Festo, state governments including the State of Texas and the State of Florida, as well as prominent U.S. federal civilian and militarywins driven by CTERA’s U.S. DoD Approved Product List (APL)-certified private cloud solution.

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