Category Archives: Cloud Storage
Concert tickets and your couch: Online streaming platforms keep performers and venues in business | Opinion – PennLive
What does art look like during a pandemic?
Not asking for a half-baked quote about how Shakespeare wrote King Lear during the bubonic plague, I mean to ask something that actually impacts people today: how do we enjoy art, performances, or concerts when we cant come together for a show?
The performance industry has effectively frozen in place for the duration of the coronavirus lockdown. Looking down the line to when Pennsylvania begins to reopen, returning to normal will be a long process. For those of us who make our living putting together large gatherings of people, finding a way to survive during this time isnt easy. But by using digital platforms to bring performances to our audiences online, weve managed to find a way to push forward.
Managing The Fire, an independent, grass-roots rock club in Philadelphia, this time has meant uncertainty, and by necessity creativity. Weve had to close and cancel our shows for the foreseeable future, but being creatives at heart, we knew that the desire to put on a show or to experience live music and art wouldnt stop because in-person concerts shut down. If we could find a way to bring our concerts to the community online, we could use the proceeds to help support our employees, and thats exactly what we did.
On April 18, we hosted our first-ever International Stay at Home Fest, an online celebration of music in the time of coronavirus. We organized bands from across the world, streaming performers all the way from Japan, Morocco, Italy, and even Thailand as well as a local Philly band. The show went live on YouTube and was a success, and we were able to give back to our employees throughout this time of hardship. We have since started hosting open-mic performances every Monday, and plan to host another virtual music festival, the Rock Goddess Fest, on June 13.
Running a business, especially one that cannot easily transition to remote work or an online business model, is difficult in times of crisis. But online digital tools like YouTube make it easier to think creatively. Using programs like Google Docs and the G-Suite of free organization and communication services have allowed us to share our plans and build an online music festival on short notice with performers scattered across time zones and separated by oceans.
You never know when crisis will strike, and transitioning online can be a lifesaver like it was for us. Thats something that the tech world knows theyve made it easier than ever for anyone to use free services like YouTube and cloud storage, and our states lawmakers would be astute to recognize and encourage that growth. Thats why I recently signed a letter to Governor Wolf urging his administration to avoid making any policy decisions that would make it more difficult, or costly, for business owners like me to access digital technology platforms. The letter was organized by the Connected Commerce Council, the same organization who just released timely research that found 30% of businesses nationwide would be out of business without access to digital tools during the pandemic.
While COVID-19 has presented businesses like ours with serious challenges, it has also spotlighted the way that even the most face-to-face businesses and organizations can use aspects of internet technology to create new and exciting ways to support their business. And we know, even when things get back to normal, Pennsylvanias businesses will rely more on digital technologies than ever before, so they must be affordable, accessible, and supported by cognizant policy.
Today, treat yourself by going for a fun night in, and take advantage of the technologies that venues have at our disposal to keep the show going even when we cant be together. Artists are the fabric that knits our communities together, and until we can be side by side again, we value the little moments online we can use to keep our community connected.
Karen Lauria Saillant, owner of The Fire, a Philadelphia music venue at 412 W Girard Ave.
Samsung’s Galaxy M11 takes the fight to the Redmi Note 8 in India – Android Central
Samsung today launched two new budget-friendly Galaxy M series phones in India: the Galaxy M11 and Galaxy M01. While the Galaxy M11 quietly made its global debut in March, the Galaxy M01 is an all-new phone.
The Galaxy M11 comes with a 6.4-inch HD+ Infinity-O display and is powered by the three-year old Snapdragon 450 processor, paired with up to 4GB of RAM and 64GB storage. It has a triple-camera setup at the rear featuring a 13MP primary sensor, 5MP ultra-wide-angle lens, and a 2MP depth sensor. For selfies, the phone offers an 8MP camera with an f/2.0 aperture. It also includes a rear-mounted fingerprint sensor and a 5,000mAh battery with 15W fast charging.
The Samsung Galaxy M11 will be going on sale in India via leading e-commerce platforms including Flipkart and Amazon from 3 PM today. Samsung has priced the 3GB/32GB version of the phone at 10,999 ($145), while the 4GB/64GB version will retail for 12,999 ($172). As for color options, the M11 will be available in Black, Violet, and Metallic Blue. Samsung is pitting the Galaxy M11 against phones like the Redmi Note 8 and the recently launched Realme Narzo 10, which offer significantly more impressive specs and better value for money.
Samsung's Galaxy M01 features a smaller 5.7-inch HD+ display with a 5MP selfie camera housed inside the V-shaped notch at the top. Under the hood is an outdated Snapdragon 439 chipset, coupled with 3GB of RAM and 32GB storage. The phone has a dual-camera setup on the back with a 13MP primary shooter and a 2MP depth sensor. While it doesn't include a fingerprint sensor, the phone supports face unlock. Keeping the lights on is a 4,000mAh battery. Both the Galaxy M11 and M01 run Android 10 out of the box with Samsung's One UI on top.
The Galaxy M01 is also slated to go on sale in India across all major e-commerce portals and offline stores starting today. It has been priced at 8,999 ($119).
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Samsung's Galaxy M11 takes the fight to the Redmi Note 8 in India - Android Central
Microsoft works with WANdisco to shift on-premises data lakes to the Azure cloud – Blocks and Files
Microsoft is prepping a data lake migration service for Azure, with the help of WANdisco replication software.
Two WANdisco services are available as a limited customer preview. They are LiveData Migrator for Azure, which performs a single scan migration of data, and LiveData Plane for Azure, which captures any data changes and applies them at target sites to ensure data consistency. They work in conjunction to establish an active:active data plane between locations.
WANdiscos LiveData Platform services and billing are integrated in the Azure customer portal and the company says more turnkey Azure services are planned.
Dave Richards, CEO and chairman of WANdisco, said: The LiveData Platform service [is] the culmination of joint engineering work between WANdisco and Microsoft, with the objective of creating a new native Azure service built around data movement and data consistency.
Tad Brockway, Microsoft corporate VP for Azure Storage, Media and Edge, said: Customers have a significant opportunity to optimise costs and expand analytics and insights capabilities by moving their on-premises data lakes to the cloud. WANdisco Live Data Migrator and LiveData Plane are the first offerings to provide a fully integrated and turnkey experience for customers migrating Hadoop data into Azure Data Lake Storage seamlessly and without business disruption.
The two companies envisage the migration of petabyte-scale data lakes from on-premises data centres to Azure, using WANDiscos LiveData Platform technology. Such migrations take time and the data lake are active during the process. If data is sent to Azure and then updated back at a source site then we have unreliable data two versions of the truth. WANdiscos Distributed Coordination Engine (DConE) uses consensus technology which resolves this data version disparity.
Microsoft and WANdisco are initially seeking 50-plus customers with 200-300 exabytes of data on-premises that could migrate to the Azure cloud. They have sized the market at more than $1bn.
UK-based WANdisco has OEM deals with IBM and Dell Technologies and reselling deals with Amazon Web Services, Cisco, Google Cloud, HPE, Microsoft Azure and Oracle for its LiveData Platform software.
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Microsoft works with WANdisco to shift on-premises data lakes to the Azure cloud - Blocks and Files
Cloud Robotics Market 2020 Size, Share, Trends, Top Manufacturers, Regional Analysis, Business Growth, Applications, Emerging Opportunities And…
Cloud robotics is an emerging field of robotics rooted in cloud computing, cloud storage, and other Internet technologies centered around the benefits of converged infrastructure and shared services. It allows robots to benefit from the powerful computational, storage, and communications resources of modern data centers. In addition, it removes overheads for maintenance and updates, and reduces dependence on custom middleware.The global Cloud Robotics market will reach xxx Million USD in 2020 with CAGR xx% 2020-2025. The main contents of the report including:
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Global market size and forecastRegional market size, production data and export & importKey manufacturers profile, products & services, sales data of businessGlobal market size by Major End-UseGlobal market size by Major Type
Key manufacturers are included based on company profile, sales data and product specifications etc.:FANUCKUKAABBYaskawaMitsubishiIrobotSoftBankHit Robot GroupSIASUNFenjin
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Major applications as follows:IndustrialProfessional ServicePersonal Service
Major Type as follows:HardwareSoftwareServices
Regional market size, production data and export & import:Asia-PacificNorth AmericaEuropeSouth AmericaMiddle East & Africa
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Table of Contents
1 Global Market Overview1.1 Scope of Statistics1.1.1 Scope of Products1.1.2 Scope of Manufacturers1.1.3 Scope of End-Use1.1.4 Scope of Product Type1.1.5 Scope of Regions/Countries1.2 Global Market SizeFig Global Cloud Robotics Market Size and CAGR 2015-2019 (Million USD)Fig Global Cloud Robotics Market Size and CAGR 2015-2019 (Volume)
Fig Global Cloud Robotics Market Forecast and CAGR 2020-2025 (Million USD)Fig Global Cloud Robotics Market Forecast and CAGR 2020-2025 (Volume)2 Regional Market2.1 Regional SalesTab Regional Sales Revenue 2015-2019 (Million USD)Tab Regional Sales Volume 2015-2019 (Volume)2.2 Regional DemandTab Regional Demand and CAGR List 2015-2019 (Million USD)Tab Regional Demand and CAGR List 2015-2019 (Volume)Tab Regional Demand Forecast and CAGR 2020-2025 (Million USD)Tab Regional Demand Forecast and CAGR 2020-2025 (Volume)2.3 Regional TradeTab Regional Export 2015-2019 (Million USD)Tab Regional Export 2015-2019 (Volume)Tab Regional Import 2015-2019 (Million USD)Tab Regional Import 2015-2019 (Volume)3 Key Manufacturers3.1 FANUC3.1.1 Company InformationTab Company Profile List of FANUC3.1.2 Product & Services3.1.3 Business Data (Capacity, Sales Revenue, Volume, Price, Cost and Margin)
Continued.
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Cloud Robotics Market 2020 Size, Share, Trends, Top Manufacturers, Regional Analysis, Business Growth, Applications, Emerging Opportunities And...
Managing the capacity for remote work – ITWeb
Anthony Njoroge, Product Manager at Comstor Africa.
More companies across Africa are now deploying digital transformation as a result of ongoing global events that have forced them to become innovative as to where their workloads reside. Within this, there is a clear need to get additional capacity from an ICT environment, to support the sudden increase in remote workers, as well as concern around the management of data centres when physical access to infrastructure is limited.
This has resulted in a shift in customer buying patterns as more organisations are continually gearing up for the workload demands on critical applications. For its part, NetApp is working with its partners to help ensure products get to where they are needed most.
It is a brave new world, which has shifted the conversation of when digital transformation will happen to how it is happening. Our recently launched Inspire Africa programme is placing workloads within the digital realm under the microscope. Not only must we partner with vendors like NetApp on how to support customers, but we as Comstor need to be inventive in how we deliver solutions to partners," says Anthony Njoroge, Product Manager at Comstor Africa.
It is a workload tango, between the cloud and on-premises solutions, and organisations need to optimise their existing investments fully. When it comes to NetApp, the vendor is providing the built-in tools that support data security, remote access and virtual desktop infrastructure. It also offers reliability, performance and the availability of data and applications as a core component of its offering. In short, it is offering companies the tools they need to equip the vast amounts of remote workers with a foundation built on reliable infrastructure that supports them, while also delivering on the basic expectations for performance.
Work demands
Research shows most companies plan on moving at least 5% of their previously on-site workforce to permanently remote positions in the post-lockdown landscape. This indicates how decision-makers are realising that technology and society have evolved to make this a more viable option. It also helps mitigate the risks associated with companies unable to physically open their doors but still having productive employees who can keep operations going from their homes.
However, this means that inferior technology and infrastructure are the most significant barriers to effective remote working.
"Comstor Africa is working with NetApp to develop solutions that can help address this challenge. And we are achieving this by understanding the requirements of linking remote work infrastructures with end-user computing (EUC) and virtual desktop infrastructure (VDI) applications and supporting the overall application landscape. For example, Azure NetApp Files and Cloud Volumes Service assist a company in managing shared storage resources across cloud vendors and regions.
Furthermore, NetApp and Cisco have partnered to deliver FlexPod VDI, an on-premises solution that includes all the hardware components needed to support virtual desktop and learning environments. This secure platform is already used by many large companies to support remote workers. A business can start with a solution to support 500 concurrent users and then scale up to support thousands.
Understanding risk
Additionally, existing NetApp customers can log in to the NetApp Active IQ to take advantage of new predictive risk models for systems that are reaching performance or capacity limits. With this, key learnings will help decision-makers identify where the business might be vulnerable to new security threats, among other things.
Once the company understands where the hotspots are (both from security and operational perspectives), the NetApp product stack can assist in rationalising the data and infrastructure, move data between on-premises and cloud storage, and help deliver data availability across multi-cloud environments. It is a case of true hybridity.
People have been bandying the phrase the new normal around quite liberally. And yet, massive changes await businesses, employees and customers as countries across the continent look to jumpstart their economies and grow. However, this means embracing a fresh outlook and not falling prey to just returning to traditional ways of working. The cloud and the related infrastructure will become indispensable allies in this regard, concludes Njoroge.
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Managing the capacity for remote work - ITWeb
Tech Q&A: Reaching the limits of unlimited storage in Google Photos – telegraphherald.com
Question: For years, Ive been storing my camera and phone pictures to my online Google Photos account. (I download the camera photos to my PC and upload them to Google Photos from there.)
But for the last couple of months I either havent been able to upload the camera photos from my PC, or could only upload some photos but not others.
Meanwhile, photos I take with my phone are being uploaded to Google Photos. (I dont think this is caused by a shortage of online storage space, because Google Photos is set to free unlimited storage.) Whats wrong? R.S. Roseville, Minn.
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Answer: I think you have two problems: The Google Photos settings on your PC dont match those on your phone, and your unlimited storage does have a limit.
Normally, Google Photos must share its 15 gigabytes of free online storage with your email (Gmail) and cloud data storage (Google Drive.) One advantage of this sharing arrangement is that Google stores your photos at their original quality they retain the amount of data they had when you took them.
But, as youve discovered, Google also offers another choice called high quality, which comes with the promise of free unlimited storage. Under this option, Google Photos uses a technique called data compression that discards some of the data in each photo you store, permanently lowering the photos visual quality (a 10-megabyte photo will be shrunk to 2 or 3 megabytes.)
Because these compressed photos take up less storage space, Google gives you something in return: Your high quality photos will no longer count against your 15 gigabytes of shared storage; this essentially gives you unlimited photo storage.
Heres where the settings on your PC and phone come in. They connect to Google Photos in different ways, so you must choose the high quality photo storage option on each device. While your PC is using the high quality method, I suspect that your phone is not.
As a result, your phone is storing photos online in original quality, which uses up a larger and larger portion of your 15 gigabytes of shared storage. If youve been doing this for years, your shared storage may be approaching zero. Once your Google account is full, you wont be able to store any more data even your unlimited photo storage will stop.
Running low on storage could show up in a couple of ways:
If your 15-gigabyte allotment is nearly used up, you might be able to upload a limited number of additional pictures to Google Photos. This would explain why, on some days, you could upload some photos and not others.
Your remaining available storage might fluctuate daily as a result of adding or deleting data from Photos, Gmail or Drive. As a result, you might be able to store additional photos one day but not the next. This would explain the times that you couldnt upload photos.
What can you do? Delete some data, or buy additional storage capacity (Google charges $2 per month for 100 gigabytes.)
Alternatively, you can reclaim some storage space by using the Google Photos recover storage button (below and to the right of the high quality box youve already checked.)
That will downsize your existing original quality photos to high quality so that they arent counted against your 15-gigabytes of shared storage. You should also change your phones Google Photos setting so that, in the future, it stores photos online at high quality instead of original. (To change the Google Photos picture quality on any device, see tinyurl.com/yc3hcuf7).
Contact Johnson at Tech Q&A, 425 Portland Ave. S., Minneapolis, Minn. 55488-0002; email: steve.j.alexander@gmail.com. Include a full name, city and phone number.
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Tech Q&A: Reaching the limits of unlimited storage in Google Photos - telegraphherald.com
Impact of Covid-19 Outbreak on Cloud Storage Market 2020 Trends, Growth Opportunities, Demand, Application, Top Companies and Industry Forecast 2026 -…
A report, added to the extensive database of verified Market Research titled Cloud Storage Market 2020 by Manufacturer, Region, Type and Application, Forecast up to 2026, is intended to highlight first-hand documentation of all the best implementations in the industry. The report contains an in-depth analysis of current and future market trends, segmentation, industrial opportunities and the future market scenario, taking into account the forecast years 2020 to 2026. It contains extremely important details on the key players in the Cloud Storage market as well as growth-oriented practices, that they normally use. The report examines a number of growth drivers and limiting factors. The key forecast information by region, type and application with sales and revenue from 2020 to 2026 is included in this report.
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Top 10 Companies in the Cloud Storage Market Research Report:
Competitive landscape:
The report examines the major players, including the profiles of the major players in the market with a significant global and / or regional presence, combined with their information such as related companies, downstream buyers, upstream suppliers, market position, historical background and top competitors based on the Sales with sales contact information.
Regional Description:
The Cloud Storage market was analyzed and a proper survey of the market was carried out based on all regions of the world. The regions listed in the report include: North America (United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina , Colombia etc.), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa). All these regions have been studied in detail and the prevailing trends and different possibilities are also mentioned in the market report.
Sales and sales broken down by application:
Sales and sales divided by type:
In addition, the report categorizes product type and end uses as dynamic market segments that directly impact the growth potential and roadmap of the target market. The report highlights the core developments that are common to all regional hubs and their subsequent impact on the holistic growth path of the Cloud Storage market worldwide. Other valuable aspects of the report are the market development history, various marketing channels, supplier analysis, potential buyers and the analysis of the markets industrial chain.
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Table of Content
1 Introduction of Cloud Storage Market
1.1 Overview of the Market1.2 Scope of Report1.3 Assumptions
2 Executive Summary
3 Research Methodology of Verified Market Research
3.1 Data Mining3.2 Validation3.3 Primary Interviews3.4 List of Data Sources
4 Cloud Storage Market Outlook
4.1 Overview4.2 Market Dynamics4.2.1 Drivers4.2.2 Restraints4.2.3 Opportunities4.3 Porters Five Force Model4.4 Value Chain Analysis
5 Cloud Storage Market, By Deployment Model
5.1 Overview
6 Cloud Storage Market, By Solution
6.1 Overview
7 Cloud Storage Market, By Vertical
7.1 Overview
8 Cloud Storage Market, By Geography
8.1 Overview8.2 North America8.2.1 U.S.8.2.2 Canada8.2.3 Mexico8.3 Europe8.3.1 Germany8.3.2 U.K.8.3.3 France8.3.4 Rest of Europe8.4 Asia Pacific8.4.1 China8.4.2 Japan8.4.3 India8.4.4 Rest of Asia Pacific8.5 Rest of the World8.5.1 Latin America8.5.2 Middle East
9 Cloud Storage Market Competitive Landscape
9.1 Overview9.2 Company Market Ranking9.3 Key Development Strategies
10 Company Profiles
10.1.1 Overview10.1.2 Financial Performance10.1.3 Product Outlook10.1.4 Key Developments
11 Appendix
11.1 Related Research
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Impact of Covid-19 Outbreak on Cloud Storage Market 2020 Trends, Growth Opportunities, Demand, Application, Top Companies and Industry Forecast 2026 -...
Global Cloud Storage Market: Leading Segments and their Growth Drivers 2020-2026 – ITResearchBrief.com
The study titled Global Cloud Storage Market Research Report includes a detailed research undertaken by analysts as well as an in-depth analysis of the global market. A detailed, highly extensive study of this market alongside pivotal aspects that may impact the commercialization graph of this industry has been given in the study.
The increasing demand for big data storage also boosts the cloud storage market growth. Companies need to store huge data and cloud-based services provide a reliable platform for the storage of data. The penetration of mobile and wireless networks further drives the need for enterprise mobility. Employees are adopting flexible work environment by working from home and working while traveling, accelerating the cloud storage market as it connects the out-of-office workers to the enterprise environment.
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An extremely definite evaluation of the global market in terms of qualitative as well as quantitative analysis has been covered in this report. The myriad aspects of this industry, having considered its historical and forecast data have been enlisted in the study. Also, the research report is inclusive of substantial details with regards to an efficient SWOT analysis, PESTEL analysis, and Porters five force model of the market.
The Cloud Storage market report coverage includes numerous aspects like the market size, geographical growth opportunities, important vendors in the market, driving factors and constraints, segmental evaluation, and competitive landscape.
The report intends to enlist myriad updates and data with regards to the market alongside various growth opportunities which may help the global industry expand at an appreciable rate. An in-depth summary of the Cloud Storage market combined with a well-defined set of market definitions as well as outline of the industry have been given in the report.
In the report, the abstract section is inclusive of information on the market dynamics. This section is further categorized into driving factors propelling the market growth, industry hinderances, trends characterizing the market growth, as well as the business opportunities prevalent in the industry.
The report contains information on the product pricing as well as the value chain analysis. Furthermore, historic figures as well as estimates pertaining to the expansion of this industry over the projected duration have been included in the study.
The Cloud Storage market report also contains information pertaining to the anticipated CAGR of the global business through the forecast period. In addition, many technological developments and innovations that may possibly boost the industry outlook over the anticipated period are also mentioned in the study.
Top Companies
Microsoft Corporation, HP Enterprise Company, Amazon Web Services, IBM Corporation, EMC Corporation, Google, Oracle Corporation, Rackspace Hosting, SkyDrive, Dropbox, and AT&T
Split by product type, the market has been divided into
private, public, and hybrid.
The report is inclusive of commendable information with respect the production, individual segmental growth rate, valuation, pricing, as well as segmental market share.
Split by application, the market is divided into
training and consulting, managed services, cloud integration and migration services, and support and maintenance
This study is inclusive of in-depth information with respect to the consumption of the product as well as application segment market share, in tandem with the growth rate likely to be registered by every application segment.
The regional segmentation covers
North America, U.S., Canada, Europe, UK, Germany, France, Italy, Spain, APAC, China, Japan, Australia & New Zealand (ANZ), South Korea, India, Latin America, Brazil, Mexico, Argentina, MEA, South Africa, UAE, Saudi Arabia, Israel
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What are the key highlights of this report?
A systematic pricing analysis has been done on the sources of the product, application, as well as regional categories
A detailed analysis of the vendor matrix, important companies that will help better understand the competitive situation of the global business
Important, insightful data on the regulatory status of the market, as well as the investment scenario for instance, how many stakeholders have invested in the market and so on
A deep-dive understanding of the various aspects propelling the overall market growth graph, as well as their influence on the worldwide market projections and dynamics
A systematic roadmap depicting the numerous growth opportunities in the worldwide market coupled with the identification of vital factors
An extensive evaluation of the various trends prevailing in the global industry that would help identify the various developments in the market from a global perspective
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Cloud Storage Market: Leading Segments and their Growth Drivers 2020-2026 - ITResearchBrief.com
Pure Storage CEO On Why The Firm Was ‘Well Positioned’ Before COVID-19 Hit And What’s Next – CRN: Technology news for channel partners and solution…
Riding A Wave Of Software, Services For Storage Growth
Pure Storage continues to grow its storage business with a focus on the company's software and especially its Pure-as-a-Service subscription service. However, CEO Charles Giancarlo also makes it clear that hardware, whether sold by Pure Storage or in an Amazon Web Services cloud, is important for storage, given that that software and services need someplace to run.
The Mountain View, Calif.-based all-flash storage pioneer this week released its first fiscal quarter 2021 financials, reporting a year-over-year 12-percent growth in total revenue, a 37-percent growth in subscription services revenue, and a big drop in its expected net loss. After the financial report was released, Giancarlo talked to CRN about the results and about what can be expected from Pure Storage for the rest of 2020. He also outlined some of what to expect at the virtual Pure Accelerate conference in early June, and offered Pure's take on Dell Technologies' new PowerStore midrange storage line.
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Pure Storage CEO On Why The Firm Was 'Well Positioned' Before COVID-19 Hit And What's Next - CRN: Technology news for channel partners and solution...
Wasabi CEO David Friend: New $30 Million Funding Round Comes From ‘Family Offices,’ Not Venture Capital – CRN: Technology news for channel partners…
Funding For Growth
Wasabi, a Boston-based developer of cloud storage technology, this week unveiled a new round of funding that brought it $30 million, bringing total funding to $110 million.
Wasabi was founded by David Friend, a serial entrepreneur who was best known as one of the co-founders of Carbonite. Friend is taking an unusual route in fundraising, depending on family offices instead of venture capital investors as a way to keep control of the company in local hands and be more able to focus on long-term plans.
Friend recently spoke with CRN about the investment, the competitive cloud storage environment the company faces, and the positive and negative impacts it is seeing from the COVID-19 coronavirus pandemic.
Here is how this fast-growing company is faring and what it expects going forward.
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Wasabi CEO David Friend: New $30 Million Funding Round Comes From 'Family Offices,' Not Venture Capital - CRN: Technology news for channel partners...