REDWOOD CITY, CA -- (Marketwired) -- 05/13/14 -- Coraid Inc., a leading storage solutions vendor for public cloud service providers and large enterprise private clouds, today announced that it has been selected by AlwaysOn as one of the OnDemand Top 100 winners. Inclusion in the OnDemand 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. This marks the fourth consecutive year Coraid has been honored by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.
Coraid and the OnDemand Top 100 companies will be honored at AlwaysOn's OnDemand event on June 4, 2014, at Draper University in San Mateo, Calif. This exclusive event treats attendees to a high-level debate and discourse on top trends and opportunities in the SaaS, cloud, on-demand, and mobile enterprise sectors.
"This year, the top cloud infrastructure, SaaS, and on-demand software players are making serious inroads into the enterprise and business community. Cloud storage wars and excellent software offerings are making the cloud an even more attractive place to do business. Both business and consumer users are migrating to the cloud in droves, bringing us into a new digital age filled with opportunity," says Tony Perkins, founder and editor of AlwaysOn. "This year's OnDemand 100 winners list is jam packed with companies that are using the cloud to create and host imaginative, versatile apps. Mobile, business, consumer -- the on-demand universe is propelling the entire Global Silicon Valley into an interdependent, connected, and mobile future."
The OnDemand 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2014 list.
Coraid provides solutions that are purpose built to meet the needs of cloud environments. Key capabilities include just-in-time scaling, managed QOS, and greater operational effectiveness through manageability of and visibility into large-scale storage environments. Recognized as a visionary innovator in storage, Coraid also provides world-class expertise to help design, implement, and support the deployment of large cloud environments.
"Coraid is committed to delivering storage that meets the unique needs of public cloud service providers and large private clouds," said Coraid CEO Dave Kresse. "Our customers are experiencing rapid and unpredictable growth, multiple and dynamic workloads, and the need to manage a large-scale environment with limited resources. These present a very different set of challenges to the traditional data center and require a purpose-built solution. We'd like to thank AlwaysOn for once again recognizing the disruptive nature of our unique approach to solving the challenges facing both public and private cloud environments."
A full list of all the OnDemand 100 winners can be found on the AlwaysOn website at: http://aonetwork.com/.
AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins in 2003, AlwaysOn's mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.
Coraid provides storage solutions for cloud service providers and enterprises that are experiencing rapid, unpredictable data growth. Coraid leverages Layer 2 Ethernet to elevate network performance and improve operational effectiveness for companies deploying dynamic, large-scale, multi-workload environments. With its modular, pay-as-you-grow architecture and easy-to-use software, as well as proven support, design, and implementation, Coraid partners with customers to enable just-in-time scaling and versatility with a quick return on investment. For more information please visit www.coraid.com.