According to IDC, the worldwide converged systems market grew 12.1% to $2.9 billion in Q2 2016. #Hyperconverged sales grew 137.5% to $480.62 million or 16.2% of the converged systems market. Riding on this hypergrowth, #SimpliVity (NYSEMKT:SIM) entered the Billion-Dollar #Unicorn Club and was recently acquired by Hewlett-Packard Enterprise (NYSE: #HPE). SimpliVity's Journey Westborough, Massachusetts,-based SimpliVity was founded in 2009 by Doron Kempel with a mission to simplify IT, especially the modern data center. SimpliVity converges the traditional compute, storage and network switching in an x86 server form factor to provide lots of functionality in a much smaller footprint. This simplifies device management and helps customers achieve economies and ease of scale. Its flagship OmniCube platform was launched in April 2013. By mid-2015, deployments of SimpliVity's hyperconverged infrastructure totaled more than 2000, with about 550 large and mid-sized enterprise customers, nearly 380% year over year growth. At the end of 2016, SimpliVity had 750 employees worldwide and had shipped more than 4,000 systems globally since 2013. SimpliVity's business model was 100% indirect and its solutions and professional services were sold through its network of resellers and distributors. It had a reseller network of more than 1,000 partners in 73 countries, enabling the company to generate 50% of its sales outside of the Americas.
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