Breaking the cycle of bad financial stories we’ve ran such as Nimble Storage and Violin Memory missing expectations in their third quarter reports, Pure Storage is reporting record revenue. For their third quarter Pure reported revenue of $131.4 million up from $49.2 million a year ago or up 167% year to year. This number also comes in higher than analysts expected,
The VNXe1600 is a 2U storage array supporting 10G iSCSI and 16Gb FC from EMC that integrates VNX2 controllers and hybrid storage into a package offered at street prices below $9,000. These prices are unprecedented for a complete VNX storage solution, marking another step deeper into the SMB market for EMC. This direction was first
Violin Memory Inc. has announced that is adding two new arrays to its Flash Storage Platform (FSP) 7000 series, the FSP 7600 and the FSP 7250. Different workloads demand a vast range of performance and capacity demands. Up until now Violin only offered a few configurations in its FSP 7000 series. Now they offer another
ExaGrid has announced that it is partnering with Zerto combining the two companies' technologies in order to deliver complementary solutions. The companies state that they can jointly offer continuous data protection along with long-term archiving that will greatly improving performance and cost efficiency in IT datacenters. This will give joint customers a cost-effective, offsite, disk-based
HPE announced today a new composable infrastructure, HPE Synergy. This new platform will run both traditional and cloud native applications by leveraging fluid resource pools, software defined intelligence, and a unified API. HPE Synergy will help enterprises tackle new services and markets while reducing overprovisioning and lower costs.
Nimble Storage reported its third quarter earnings Thursday and the news wasn’t exactly terrific. While their revenue was up 37% over this same quarter last year it was about $7 million under analysts expectations. Nimble also reported a greater loss than expected at $11 million. And the final bit of bad news was that fourth
Recently Dell Inc. announced a new solution to support to the growing customer demand of in storage requirements for video surveillance, Fluid File Video Solution. Video surveillance and cameras are creeping into every place imaginable, whether it is for security or analytical purposes. Not only are their cameras almost everywhere, they are using better and
Today Netlist, Inc. announced that they have entered into a five year Joint Development and License Agreement with Samsung Electronics Co., Ltd., to produce a new class of memory solution, NVDIMM-P (NV-P). NV-P is based off of Samsung’s NAND Flash and DRAM technology and Netlist’s pioneering work on HyperVault. This new technology is aimed at
Cloudian has announced a partnership with Quanta Cloud Technology (QCT) aimed at deploying HyperStore smart data storage software in order to bring object-based storage to QCT’s customers. In this collaboration, QCT will integrate HyperStore software (currently in version 5.2) within its Intel-powered storage appliances, indicating that customers will benefit from hyperscale in both business and operational
Today Pure Storage announced innovations that are aimed at dramatically simplifying storage ownership. Pure is announcing a predictive customer support with Pure1 Global Insight, new 3D TLC NAND flash technology, and its FlashStack Converged Infrastructure now also includes solutions for Oracle and SAP. Pure States that these new innovations will increase customer loyalty and the
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