Mimecast, the leading supplier of cloud-based e-mail archiving, continuity and security for Microsoft Exchange, has announced a 56% rise in revenues for the fiscal year ended 31 March 2011.
During the same period, Mimecast’s global customer base grew from 2 700 to almost 4 000. The company also saw a surge in user numbers as the company’s average deal size rose, adding 346 000 users to the grid to reach a total of 906 000. The company expects to pass the million-user mark in the first quarter of this fiscal year.
Notable South African wins include Sanlam, Santam, SuperGroup, Adcock Ingram, Aspen Pharmacare and Dimension Data. Recent wins in South Africa have shown large and small organisations alike are embracing cloud technology to solve relevant business issues.
Mimecast, founded in the UK in 2003, offers cloud-based e-mail archiving, continuity and security for Microsoft Exchange and Exchange Online, delivered through a single unified platform. This approach, called unified e-mail management (UEM), reduces the cost, complexity and risk of managing e-mail systems, and facilitates pain-free migration from older versions of Exchange.
The company is currently working on a range of incentives to help existing and potential customers migrate to Exchange 2010 and Office 365 faster, and without service disruptions.
“This year, with IT teams increasingly looking to the cloud to simplify their existing e-mail environments and improve the economics of their IT operations, we’ve been able to create advantages for more companies than ever, alongside our fantastic network of partners," comments Peter Bauer, Mimecast’s CEO and co-founder.
"We are delighted with the progress our teams have made globally in the past year, for example in North America where we increased our customer base by 73%. We are keen to build on this success in the coming year, and will be aiming to increase our market share internationally while continuing to invest in our technology across the board.”
“The steady adoption and acceptance of cloud computing as a reliable and secure alternative to many onsite IT models has played a definite role in our consistent growth,” says Garth Wittles, senior VP and GM, Mimecast South Africa.
“Mimecast is now a trusted vendor in an increasingly trusted market. Instead of having to convince our prospective customers of both the reliability of cloud and Mimecast, we now only need to prove that we will deliver on our promises. With a decade-long track record and our ever-growing number of enterprise clients and partners, there is more confidence in Mimecast’s reputation as ‘a vendor that delivers’ than ever.”
Mimecast’s recent successes have also been recognised in a number of awards. The company was placed in the top 10 of the Guardian’s Tech Media Invest, in second place in the Sunday Times Tech Track 100 and fifth in the Deloitte EMEA Fast 500. The company was also identified by analyst firm Gartner as the fastest growing archiving company in the USA.