MARKHAM, Dec. 18, 2018 (GLOBE NEWSWIRE) — Densify, the leader in the Cloud Optimization software market, today announced the results and completion of its fiscal year ending October 31, 2018. With demand for its software exceeding company expectations, the growth in its hybrid cloud annual contract value (ACV) increased over 300% year-over-year. Additionally, Densify saw a 100% increase in inbound market interest as measured by software trial requests.
“Cloe, our ‘Cloud-Learning Optimization Engine,’ has been a runaway success from a hybrid cloud market interest and adoption standpoint,” said Gerry Smith, CEO at Densify. “The Densify team continues to do an extraordinary job at both innovating and bringing much-needed cloud optimization products to market. And, we thank our customers and partners for their continued assistance and support.”
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