iXsystems Surpasses $100 Million in Bookings in 2022

iXsystems, Inc. announced growth milestones over the past 12 months, as the company surpassed $100 million in bookings and saw a 51% increase in the Exabytes of TrueNAS storage deployed worldwide.

This growth in the adoption of TrueNAS Enterprise appliances and Open Storage software overall is evidence that more enterprises are choosing the benefits of Open Source Economics to store and protect their valuable, business-critical data.

In 2022, the company grew 4x faster than the enterprise storage market, which according to IDC is forecasted to grow by 6%. The TrueNAS family of enterprise appliances comes with highly-rated support, offering an enterprise storage experience plus the benefits of Open Source Economics. With a 4.8 out of 5 star rating, TrueNAS ranked 6th among primary storage vendors on Gartner Peer Insights, with the only “100% would recommend” score among the top 15 highest rated products due to its quality and reliability. Customers have consistently praised TrueNAS Enterprise for its robust feature set, easy-to-use interface, and performance.

TrueNAS Open Storage software had milestone releases of TrueNAS CORE and TrueNAS SCALE with 660,000 downloads in 2022, eclipsing the 15 million download mark deployed in 200 countries and territories worldwide. In 2022, TrueNAS users also rated their experience with a record high Net Promoter Score that was 62% higher than the industry average for B2B software companies. TrueNAS SCALE, the first Linux-based NAS software from iX, quickly grew to over 40,000 users with nearly 1EB under management in only 10 months following its first release. The maturity of these releases earned several top ratings on major review sites, including the highest ranking and most reviews for AFAs on G2, and the highest rating and most customer-verified reviews on the site for NAS on TrustRadius.

Milestones achieved over the past 12 months include:

• Business
  • Achieved 2022 bookings target of $100 million
  • Maintained over 50% CAGR for the last 4 years, with 25% revenue growth in 2022
  • Ranked 6th in ratings among primary storage vendors on Gartner Peer Insights
  • Opened the TrueNAS Innovation Center campus in Tennessee
  • Grew company headcount by 35% to over 200 employees
• Technical
  • Launched TrueNAS SCALE with Linux, Kubernetes, KVM, and Docker containers
  • Delivered first Petabyte-scale AFAs
  • Launched All-NVMe TrueNAS R30 and high-capacity modular TrueNAS R50
  • Delivered TrueNAS CORE 13.0, the most robust release in TrueNAS history
  • Created cost-effective Globally Distributed Storage for backup with iX-Storj
• Community
  • 51% increase in the exabytes of TrueNAS storage deployed WW
  • More than 40,000 users of TrueNAS SCALE and 1EB under management
  • 62% higher Net Promoter Score than the industry average for B2B software
  • 32% increase in TrueNAS Community engagements, over 7.7 million total
  • Surpassed 15 million TrueNAS software downloads

“In my conversations as a storage reseller with organizations who run TrueNAS open source software, more of them are choosing to invest in TrueNAS Enterprise for their business-critical applications,” said Jonathan Chubb, Managing Director, Esdebe Ltd. “TrueNAS appliances have proven to exceed the high expectations customers have for performance and reliability, helping customers better manage their storage costs and invest the savings elsewhere in their infrastructure.”

These milestones were validated by accolades from technology research firm DCIG as one of the Top Five Block Storage Solutions. Ongoing industry recognitions include CRN MES Matters, CRN Channel Chief Awards, Best in Biz Awards, and the Storage, Datacenter, Cloud (SDC) Awards.

“We are very pleased with the business momentum and technology milestones we achieved from the hard work that iXsystems has put into making our users and customers successful,” said Michael Lauth, president and CEO, iXsystems. “While no longer a small enterprise, our commitment to customer focus as a profitable private company remains at the heart of our core purpose of spreading the benefits of True Data Freedom to the world.”