FREMONT, CA, February 14, 2008
3PAR® (NYSE Arca: PAR), the leading global provider of utility storage , announced today that the 3PAR InServ® S800 Storage Server was cited most frequently as a "Most Exciting Product in Use" by midsize enterprise storage end users in Wave 10 of the TheInfoPro's ™ (TIP) Wave 10 Midsize Enterprise (MSE) Storage Study. In addition, 3PAR was cited as the leader in "Customer Fulfilment," and in sustaining the highest level of customer loyalty, with 100% of current 3PAR users indicating they would not consider switching vendors. 3PAR was also cited as one of the top "Most Exciting Storage Vendors" for the midsize enterprise, which TIP defines as companies with revenues between $150 Million and $1 Billion. Many of 3PAR's customers in this segment include service providers and Internet/Web 2.0 companies.
Additionally, the Wave 10 MSE Storage Study indicates that 3PAR has the largest percentage of new customers in this market, with 50% of those interviewed indicating they switched to 3PAR within the last 12 months. When asked to rate storage vendors on a scale of 1 to 4, participants ranked 3PAR as "excellent" (4 out of 4) in the areas of technical innovation, product quality, product performance, delivery as promised, sales force, and ease of doing business.
"The vendors that top our list have remained relatively unchanged over the past four waves of our Storage Study," said Robert Stevenson, Managing Director of Storage Research for TIP. "However, new results in Wave 10 indicate that innovative new vendors such as 3PAR are enjoying accelerating momentum."
"From the Wave 10 findings it's clear that our track record of lowering the total cost of storage for customers, combined with our innovative products such as 3cV and Virtual Domains, are not just attractive to large enterprises, but also to medium-sized enterprises including service providers and Internet/Web 2.0 companies," said David Scott, 3PAR President and CEO. "We are extremely excited to see the benefits of 3PAR Utility Storage catching on within an increasing number of these organizations in TIP's Wave 10 study."
TIP is an independent research network and leading supplier of market intelligence for the Information Technology (IT) industry. Created by alumni of Gartner, EMC, Giga, and Bell Labs, TIP produces fundamental, objective, "grass roots" research on markets, vendors, issues, future adoption plans, and investor confidence. TIP's Wave 10 Storage Study is comprised of multiple market studies based on direct customer feedback on key issues, hot new storage technologies, spending plans, and vendor ratings.
To view a rich media presentation of TheInfoPro Wave 10 Storage Study findings, visit this link.
About 3PAR
3PAR® (NYSE: PAR) is the leading global provider of utility storage, a category of highly virtualized, tightly clustered, and dynamically tiered storage arrays built for utility computing. Organizations use utility computing to build cost-effective virtualized IT infrastructures for flexible workload consolidation. 3PAR Utility Storage gives customers an alternative to traditional arrays by delivering resilient infrastructure with increased agility at a lower total cost to meet their rapidly changing business needs. As a pioneer of thin provisioning — a green technology developed to address storage underutilization and inefficiencies — 3PAR offers products designed to minimize power consumption and promote environmental responsibility. With 3PAR, customers have reduced the costs of allocated storage capacity, administration, and SAN infrastructure while increasing adaptability and resiliency. 3PAR Utility Storage is built to meet the demands of open systems consolidation, integrated data lifecycle management, and performance-intensive applications. For more information, visit the 3PAR Website at: www.3PAR.com.