“doing over $1B in annualized sales and are cash flow positive.”
Original source: Dropbox files for IPO — and their numbers are looking solid
Container networking and storage is hella-complicated. Check out this conversation with Usha Ramachandran, Richard Seroter, and myself on the topic, including a discussion of why it’s so complicated and how Cloud Foundry addresses the problems.
For one, it looks like HP Helion OEM’s SwiftStack, which is a nice partnership. Two, their CEO points towards going after enterprise storage:
SwiftStack founder and CEO Joe Arnold said all enterprise applications will eventually rely on object storage to keep up with growth of data and access points required by users. ”It’s the only way enterprises will be able to compete today and in the future,” he said.
I don’t cover storage too closely, but the cloud storage space seems like it’s going to be a rough street fight between the forces of customers not knowing if and how they should use it, Red Hat, the incumbent storage folks (EMC, NetApp, Dell, Oracle, etc.), and all the little startups like SwiftStack. Get some popcorn.
SwiftStack 2.0, used by HP Helion, going after enterprise storage
“Dropbox is super expensive compared to other data storage options.” (via @mims)
See the big ol’ write-up of various options and considerations.
A good overview of what the software-heavy enterprise storage company does, including this assessment on market segment targeting:
SolidFire is very honest about not being built for the mid-market, as it feels that most of the middle of the market is headed toward cloud providers anyhow. Some may consider this a weakness, but I consider it a great strength. It has allowed SolidFire to focus on the pain points of organizations with large storage and storage performance needs, to do so with great scale, and to do so in a way that greatly reduces operational complexity and all the mental friction that usually accompanies that scale.
Nice overview of SolidFire
My overview of the Red Hat Summit is up now, for clients only of course. Here’s the 451 Take:
Like many infrastructure companies, Red Hat used its recent annual summit to point out the importance of developers as the driver for the next wave of IT spending: namely, developers writing new software on top of cloud platforms, often using devops-like practices. We, of course, think paying attention to this space is wise as companies seek to become digital enterprises, using custom applications and cloud-based IT to instrument and boost their business processes. It’s tempting to suggest a headline like “we’re working on it” to sum up many of the announcements at Red Hat Summit. However, because it runs its product management primarily in an open source fashion, Red Hat announcements are often about starting projects (with calls for community participation), not just the final, fully productized 1.0 version of the product when it’s released.
Read the full report at 451, ore apply for a trial if you’re not already a client.
I thought it was a good show with some nice announcements. As the title suggests, I think Red Hat is picking up on the right trends (that is, new technologies and practices that to incorporate into their product suite that will help their customers).
As I noted (well, quoted from another story) in my post on the Summit last week, Red Hat gets about 80% of it’s $1.3bn in revenue from RHEL subscriptions. Over the coming years, the company will need to diversify even more, of course. Like SUSE, they’re looking towards enterprise storage (they bought Gluster, for example) which is a whole new business unit with, possibly, significant revenue, for both companies.
Red Hat jumps on all the right cloud bandwagons, focusing on new application trends (451 Report)