DataStax Reports Strong Q1 Momentum with Global Adoption of its Astra DB Cloud Database

Company sees over 350% year-over-year Astra DB growth as enterprises including Freshworks, Recruiter.com and Trigyn select its serverless database to scale real-time data without limits on any cloud

May 31, 2022

SANTA CLARA, Calif.–(BUSINESS WIRE)–DataStax, the real-time data company, announced a strong Q1 FY23, highlighting over 350% year-over-year sales growth for Astra DB, its award-winning serverless, multi-cloud database. In addition, over 50% of DataStax’s new annual recurring revenue was attributed to Astra DB as organizations from around the globe look to its scale, performance and pay-as-you-grow affordability to deliver the real-time applications that fuel their business.

DataStax also recorded nearly 120% net dollar expansion and over 90% gross dollar retention year-over-year, a strong testament to the company’s award-winning customer service and trust in its unified open stack.

“Delivering stellar customer experiences is no longer a luxury, but a mandate,” said Prasad Ramakrishnan, CIO of Freshworks. “Our 50,000+ customers around the globe turn to Freshworks to understand the experiences their customers have when engaging with their brand. With Astra DB, we have the global-scale, high-performance and zero-downtime we need and our customers have the gold mine of customer experience data they need to create delightful experiences at scale.”

“We live in a time when real-time applications are the engines of innovation,” said Chet Kapoor, DataStax chairman and CEO. “Software developers are on the front lines tasked with bringing these applications to life – only hindered by their imaginations and the technologies available to them. Astra DB is unlocking developer creativity with access to the world’s best and most scalable cloud data stack that makes the data available in real time and empowers them to build the digital experiences that are driving businesses forward.”

According to IDC FutureScape: Worldwide Data and Content Technologies 2022 Predictions, by 2024¹, net-new production-grade cloud-native apps will increase to 70% of all apps because of the adoption of technologies such as microservices, containers, dynamic orchestration, and DevOps. This represents a fundamental shift in business strategy — moving beyond product differentiation and pricing toward ecosystem-based value creation and the transformation into digital-native enterprises.

For Q1 FY23, DataStax inked new and expansion deals with leading enterprises from around the globe, including: CEVA Logistics, Commonstock, Enovos Luxembourg SA, EOS Smart Connectivity, Freshworks, Janus Henderson Investors, Jooycar, Loyalty Communication, MegaZebra GmbH, Rambus, Recruiter.com, text+, Trigyn, Uniphore Software Systems, Zendesk, and Zonar Systems.

DataStax Q1 Highlights

In its fiscal Q1, DataStax was recognized as a great place to work and delivered several technology advancements that validate the company’s unique approach in helping businesses unlock the value of real-time data.

• Astra DB change data capture (CDC) for connected, real-time data pipelines powered by streaming
• New security features in Astra DB help protect sensitive PII data
• DataStax added multi-cluster support for Apache Cassandra on Kubernetes for real-time applications that require high availability on Kubernetes, across multiple regions
• DataStax customer service won the NorthFace ScoreBoard Service Award for the second year in a row and the company was recognized by Comparably as a great place to work

Resources

• Watch DataStax CEO, Chet Kapoor, talk about creating an awesome developer experience
• Learn more about DataStax Astra DB in action
  • Ankeri’s path to providing real-time telemetry data from ships’ fleets
  • Barracuda Networks’ journey from MySQL to managed Apache Cassandra
  • Endowus invests for high growth with Astra DB
  • ESL Gaming relies on DataStax for critical real-time global gaming service delivery
  • WellAware avoided big database headaches with Astra DB

¹ Oct 2021, Doc # US48082521, IDC FutureScape: Worldwide Data and Content Technologies 2022 Predictions

Source: Business Wire