System News
OpenStorage
6 Jun 2012
#26531
Nexenta CEO Positive at OpenStorage Summit
Sees Revenue Overtaking NetApp in Five Years

Nexenta CEO Eval Powell projects $1 billion in partner sales in 2013 and $2 billion in 2014, reports Chris Mellor for The Register. Powell expects the company will reap revenues of $100 million and $200 million respectively in those years. Recently qualified STEC SSDs are expected to exceed a nearly double sustained write IOPS performance -- 500,000 IOPS -- at low latency, Powell noted. Version 4.0 of Nexenta Elastic Framework is expected in Q312 and version 5.0 in 2013. Nexenta technology, says Powell, is ready for exadata levels of data. Within five years, Powell predicts, Nexenta will overtake NetApp.
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