Talon Makes Significant Gains in Global Momentum in 2017

MOUNT LAUREL, N.J., Feb. 05, 2018 -- Talon, the leading provider of enterprise-class file sharing solutions for distributed locations, today announced 2017 was a year of numerous customer wins, new partnerships, strong numbers, and another year of record growth at the level of over 150% from January 2017– December 2017.

Talon’s 2017 growth was due to several factors:

• YoY growth 150% in Talon FAST™ business
• Key partnership with NetApp, which allows the extended value of the NTAP data fabric to distributed enterprises leveraging Talon FASTä.
• Customers: Talon continued to develop its customer base. Big wins in 2017 included Sweco, Arup, Simpson StrongTie, Cochram, United Technologies, JD Power Associates, Cope Health, SwissRE, and BorgWarner.     
• Growth: 60% growth Y-o-Y in sites that have deployed Talon FAST™ software globally.
• This represents one of the strongest install bases in the market.

• 30% percent of EMEA revenue came from new customers.
• 40% growth of Americas revenue came from new customers.

• Products: Talon to GA release FAST™ version 5.0  in Q2 2018

• This major release will introduce significant FAST™ updates allowing enterprises to manage consolidated and centralized storage more efficiently through various data modes.

• Channel: Talon’s Channel Program continues to focus on the software defined storage market, storage services enablement and consolidation. 

• A revamp program allows Talon’s channel to benefit from above industry standard margin, and annual recurring subscription renewals.           

“The combination of a changing marketplace and deep relationships translated into a strong 2017 for Talon,” said Shirish Phatak, CEO, Talon. “We are hitting our stride as the market matures to understand the value proposition Talon FAST™ offers to the market. Our price point is reasonable, our technology elegantly and transparently answers the enterprise’s distributed storage needs. We look forward to accelerated momentum into 2018 and beyond.”

Talon’s flagship offering Talon FAST™ creates a global fabric that eliminates complexity and backups at the branch and allows organizations to manage data at a single location while delivering high performance file services at geographically dispersed locations. Talon FAST™ is storage agnostic and transparently fits into any IT setting. Talon FAST™ effectively extends the value of central storage in a distributed corporate environment.

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About Talon

Talon, a leader in next generation software-defined storage solutions, enables enterprises to centralize and consolidate IT storage infrastructure, while bringing data closer to their users, enabling enterprise global file sharing and collaboration. This results in streamlined IT management and improved end user productivity. From its headquarters in Mount Laurel, NJ and its global locations, Talon serves the largest Global 2000 organizations including the most established architectural, construction, engineering, energy, offshore and manufacturing companies.

Talon FAST™ is a trademark of Talon Storage Solutions, Inc. All other trademarks are the property of their respective owners.

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