NetApp revenue surges as competitors struggle
NetApp revenue rose 5 percent for Q3 FY24 on the back of record all-flash array sales.
It reported $1.6 billion in revenues with profits of $313 million versus $65 million...
Dell eyes AI-fueled revival after fiscal 2024 downturn
Strong sequential growth in storage revenues at Dell was not enough to prevent an 11 percent revenue fall for the final fiscal 2024 quarter as the company waits in...
Snowflake replaces CEO as losses widen
After reporting growth in both annual revenues and losses in its latest results, Snowflake chairman Frank Slootman decided to replace Snowflake CEO Frank Slootman, and appointed SVP Sridhar Ramaswamy...
Cohesity pushes out RAG-enhanced Gaia GenAI backup search chatbot
Cohesity has announced a Gen AI chatbot called Gaia that can search through a customer’s backups to find answers to conversational questions.
This builds on its Turing AI/ML gateway initiative...
Mechanical Orchard updates mainframe migration with AI
Two-year-old startup Mechanical Orchard migrates mainframe apps to the public cloud using generative AI technology.
Mainframe systems are used by 44 out of the top 50 banks, ten out of...
VAST Data: From storage solutions to unified AI platform
Analysis. VAST Data is climbing its way up the AI stack from its commodity storage base to provide a single converged AI Stack system. That's the sense of a...
The Own Company and fragmented SaaS app backup
Analysis. The Own Company provides SaaS app backup, and its growth rate testifies to an over-supplied SaaS app backup market and fragmented customer buying patterns.
Update. HYCU R-Graph comment added...
Keepit has a unique approach to SaaS data protection
Backup-as-a-Service outfit Keepit features blockchain and private datacenters with a single disk storage tier and no archiving. How did this come about?
The Keepit Group was founded in 1996 in...
Hammerspace claims fastest file system for AI training
Data orchestrator Hammerspace claims its Hyperscale NAS is the world’s fastest file system for enterprise AI, machine learning, and deep learning (AI/ML/DL).
The Hammerspace Global Data Environment (GDE) is based...
Catching up with Hitachi Vantara after strategic overhaul
Five months ago Hitachi Vantara was reorganized with a spun-off services unit, new direction, and new CEO. What has happened since then?
Hitachi Vantara was the US-based storage and IT...
Clumio pockets $75 million D-round
AWS cloud backup protector Clumio has pulled in $75 million of additional funding.
The company, founded in 2017, protects data in S3, EC2, EBS, RDS, SQL on EC2, DynamoDB, and...
Nasuni adds ‘AI-ready’ data management to cloud file services
Nasuni is adding a data management capability to its distributed cloud-based file services, pitched as a way to get unstructured data ready for use by AI processes.
The File Data...