Company: Komprise, Campbell, CA
Company Description: Komprise is unstructured data management and mobility software that frees enterprises to easily analyze, mobilize, and monetize the right file and object data across clouds without shackling data to any vendor. With Komprise Intelligent Data Management, you can cut 70% of enterprise storage, backup and cloud costs while making data easily available to cloud-based data lakes and analysis.
Nomination Category: New Product & Service Categories - Business Technology
Nomination Sub Category: Data Tools & Platforms
 Nomination Title: Komprise's Intelligent Data Management
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:
A new feature/update to Komprise Intelligent Data Management called Storage Insights, released in September 2023.
- If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):
Total 347 words used.
Komprise Intelligent Data Management is a pioneering solution tackling enterprise challenges of managing petabytes of unstructured data across data silos, which is critical for leveraging AI technologies which depend upon large volumes of unstructured data. In 2023, Komprise introduced Storage Insights, a new console which unifies data centric and storage centric metrics, saving IT managers time and hassle to understand data across storage and determine the best plans for cost savings and right placing it for analytics initiatives. Storage architects can view dozens of metrics on data growth, costs and usage by storage vendor or share/site and execute plans to move, copy, delete or tier data to new storage.
Without this capability, storage professionals must login separately to each storage product and attempt to reconcile metrics. The Storage Insights feature gives IT deep insights into all their data to make informed decisions about storage optimization, data movement and resource allocation—in one place. Komprise also continues to release new shareable reports so departments can understand their own data usage and costs, opportunities for improved compliance (finding and deleting orphaned data) and deleting duplicate and unneeded data.
Komprise delivers enterprise IT teams rich visibility on their data so they can optimize storage for both cost savings and long-term business value. For instance, our customers’ R&D teams use Komprise to quickly identify data sets they want copied to cloud data lakes for analysis to support new research. Finding the right data sets to mine is the lion’s share of time spent on research; data scientists need to preserve their efforts on analysis and recommendations.
With AI programs often relying on diverse and unstructured data sources, effective governance is also paramount. Komprise addresses these needs in various ways. Komprise Smart Data Workflows allows IT users to create custom, automated processes to find, tag for context, and move distinct data sets to the cloud or other locations for use in AI applications or to segregate and prevent sensitive data sets from use in AI. Komprise can integrate these workflows with third-party AI tools to enrich the metadata to further classify data sets.
- If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):
Total 349 words used.
The automation of unstructured data discovery and movement will be increasingly important as enterprises struggle to cost-effectively manage their data while also safely leveraging it for AI workloads. Komprise is a private company and does not disclose financials but for the past three years, our ARR has doubled annually. We have a 120% net dollar retention (NDR) showing world-class customer retention and expansion, even during challenging economic times. Komprise has been included on the Inc. 5000 and Deloitte Fast 500 for two years running—demonstrating the company’s industry-leading growth. One third of the company’s revenues comes from expansions, indicating strong customer satisfaction and loyalty. One year ago, Komprise announced a $37 million investment round, one of the largest deals of the year in the data storage industry.
https://www.storagenewsletter.com/2024/01/10/2023-retrospective-on-storage/
Komprise has customers across many sectors including life sciences, healthcare, semiconductors, public sector, higher education and energy. An oil and gas customer, Lummus Technology, chose Komprise Intelligent Data Management for its granular reporting and analytics on unstructured data usage to inform decisions in the company’s move to an all-cloud strategy. Migrating from NetApp Azure to Windows File Server on Azure and Azure Files is saving Lummus roughly 80% on storage/backups annually by identifying cold data suitable for archiving. “I was sold on Komprise because of the Deep Analytics insight that helps us understand business usage,” said Lonnie Brown, IT manager with Lummus Technology.
https://www.komprise.com/resource/energy-technology-company-saves-80-and-improves-data-lifecycle-management/
District Medical Group of Arizona, needed to be efficient and strategic with its unstructured data management so the company could succeed with analytics initiatives across its practices. “We try to keep the first three years of active data in the production system so that’s available to the docs,” CIO Kevin Rhode said. Previously, decades of data and reports stored within DMG’s internal data systems was on drives that DMG was backing up nightly. Komprise allowed the healthcare provider to safely move data as it ages to less expensive Wasabi cloud storage. DMG saved $100,000 in the first phase and will experience more savings over time.
https://www.cio.com/article/403487
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
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