IBM looks to M&As after pancake-flat Q1
IBM revenues grew just 0.4 percent year-on-year in Q1 2023, held back by its Infrastructure business unit but with storage hardware a bright spot. It sees M&A possibilities ahead...
Volumez swells thanks to $20M A-round
SaaS-based storage orchestrator Volumez has raised $20 million.
This A-round of funding was led by Koch Disruptive Technologies, with participation from existing investors Viola Ventures and Pitango. Viola and Pitango's...
IDrive speeds cloud object storage with SSDs
Cloud and backup storage provider IDrive has launched an all-flash version of its e2 object storage service, with fast access to files stored as objects.
Up until now, all-flash object...
Zadara hires new CEO in bid to keep cloud edge
Yoram Novick has been hired as the new Zadara CEO and president replacing co-founder Nelson Nahum, who is stepping sideways to a CTO role and upwards to chairman of...
Equalum talks up its ETL, change data capture-fed, real-time data streamer
Israeli startup Equalum, an ETL company, talked about its tech at a recent IT Press Tour, explaining how it captures database and other changes in realtime and pushes them...
Impossible Cloud skips crypto in Web3 storage
German startup Impossible Cloud says it wants to bridge the traditional and Web3 storage worlds with its generally available, decentralized product – paid for in real money, not cryptocurrency...
Storage news ticker – April 14
Managed infrastructure solutions provider 11:11 Systems announced GA of the fully-managed 11:11 Managed SteelDome in partnership with SteelDome Cyber. This provides secure, scalable and cost-efficient storage of customers’ unstructured,...
Databricks wheels in Dolly chatbot
Lakehouse shipper Databricks has updated its open-source Dolly ChatGPT-like large language model to make its AI facilities available for business applications without needing massive GPU resources or costly API...
WANdisco wins two contract renewals
Crisis-hit WANdisco has announced two contract renewals for its live data replication software and has revealed customer names and revenue numbers.
WANdisco is investigating "massive" and "potentially fraudulent" sales reporting...
OpenAI operating on Cohesity data structures
Data protector Cohesity is going to provide its data structures to OpenAI so that generative AI can be applied to threat and anomaly detection, potentially combating the ransomware plague.
Microsoft...
DataCore positions AI-enabled Perifery as its edge
Multi-protocol storage SW supplier DataCore is setting up a Perifery edge division with AI+ services it says provide preprocessing tasks at the edge of media and entertainment company workflows.
DataCore...
Storage news ticker – April 11
Wall Street analyst Aaron Rakers reckons that AMD’s Pensando DPU adoption will be mostly driven by hyperscale cloud deployments and there is a $5-6 billion total addressable market for...