Australian businesses doubtful that current storage environments can handle innovation
Announcement posted by LEWIS Global Communications 17 Nov 2015
Violin Memory Poll: 49 per cent believe their current storage environment cannot sustain business needs over the next 10 years
Sydney, Australia — 16 November 2015 — Violin Memory®, Inc., (NYSE: VMEM) a global pioneer of award-winning all flash storage platform solutions for primary storage and active workloads, today released findings from a recent survey conducted at the Gartner Symposium ITxpo 2015 in Gold Coast, Australia. Based on data from almost 200 attendees between 27 and 28 October 2015, the survey sought to assess the sustainability of current storage environments, key drivers for deploying flash storage and factors driving the demand for additional storage.
Violin Memory polled senior IT executives and CIOs with an average of more than 11 years of experience across government, financial services, IT, healthcare, and telecommunications sectors amongst others.
Key findings include:
“As businesses continue to evolve, organisations need to consider new approaches to data storage. Importantly, business leaders need to realise that the days of the spinning disks as the primary IT data storage medium are done. We’re now seeing a fast shift to flash storage as the concept of the all-flash data centre becomes a reality for businesses in competitive markets,” expressed Lynch.
Note to editors:
The survey was conducted at Gartner Symposium ITxpo 2015 in the Gold Coast, Australia from 27-28 October, and involved a total of 196 respondents.
About Violin Memory
Business in a Flash. Violin Memory, the industry pioneer in All Flash Arrays, is the agile innovator, transforming the speed of business with enterprise-grade data services software on its leadership Flash Storage Platforms™. Violin Concerto™ OS 7 delivers complete data protection and data reduction services and consistent high performance in a storage operating system fully integrated with Violin's patented Flash Fabric Architecture™ for cloud, enterprise and virtualised business and mission-critical storage applications. Violin Flash Storage Platforms are designed for primary storage applications at costs below traditional hard disk arrays and accelerate breakthrough CAPEX and OPEX savings while helping customers build the next generation data centre. Violin Flash Storage Platforms and All Flash Arrays enhance business agility while revolutionising data centre economics. Founded in 2005, Violin Memory is headquartered in Santa Clara, California. Visit Violin Memory at www.violin-memory.com and follow us @twitter.com/violinmemory
Violin Memory Forward-looking Statement
This public announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future prospects for the flash storage market, potential technology, business and financial benefits to customers resulting from the use of Violin Memory's products, and Violin Memory's business plans and strategy. There are a significant number of risks and uncertainties that could affect Violin Memory's business performance and financial results, including those set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in Violin Memory's Quarterly Report on Form 10-Q for the second quarter of fiscal year 2016, which was filed with the U.S. Securities and Exchange Commission, and which is available on the Violin Memory's investor relations website at investor.violin-memory.com and on the SEC's website at www.sec.gov. All forward-looking statements in this public announcement are based on information available to Violin Memory as of the date hereof, and Violin Memory does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
Violin Memory polled senior IT executives and CIOs with an average of more than 11 years of experience across government, financial services, IT, healthcare, and telecommunications sectors amongst others.
Key findings include:
- Majority (70 percent) of respondents surveyed believe flash storage plays a critical role in delivering IT services, yet only 28 percent have a strategy in place.
- Almost half or 49 percent believe that their current storage environment cannot sustain business needs over the next 10 years, while 27 percent remain uncertain.
- At least 28 pe cent of respondents currently have a flash storage strategy in place, while 6 percent plan to deploy the technology within the next 12 months.
- Key reasons that would influence the decision to move to flash storage are capability and execution of the product (29 percent), performance (27 percent), followed closely by price (26 percent).
- Interestingly, 53 percent of respondents believe complex business analytics are driving the demand for additional storage, followed by new applications (34 percent).
- A majority of respondents were from the government (30 percent) and financial services (15 percent) sectors; followed by healthcare and telecommunications at 6 percent each.
“As businesses continue to evolve, organisations need to consider new approaches to data storage. Importantly, business leaders need to realise that the days of the spinning disks as the primary IT data storage medium are done. We’re now seeing a fast shift to flash storage as the concept of the all-flash data centre becomes a reality for businesses in competitive markets,” expressed Lynch.
Note to editors:
The survey was conducted at Gartner Symposium ITxpo 2015 in the Gold Coast, Australia from 27-28 October, and involved a total of 196 respondents.
About Violin Memory
Business in a Flash. Violin Memory, the industry pioneer in All Flash Arrays, is the agile innovator, transforming the speed of business with enterprise-grade data services software on its leadership Flash Storage Platforms™. Violin Concerto™ OS 7 delivers complete data protection and data reduction services and consistent high performance in a storage operating system fully integrated with Violin's patented Flash Fabric Architecture™ for cloud, enterprise and virtualised business and mission-critical storage applications. Violin Flash Storage Platforms are designed for primary storage applications at costs below traditional hard disk arrays and accelerate breakthrough CAPEX and OPEX savings while helping customers build the next generation data centre. Violin Flash Storage Platforms and All Flash Arrays enhance business agility while revolutionising data centre economics. Founded in 2005, Violin Memory is headquartered in Santa Clara, California. Visit Violin Memory at www.violin-memory.com and follow us @twitter.com/violinmemory
Violin Memory Forward-looking Statement
This public announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future prospects for the flash storage market, potential technology, business and financial benefits to customers resulting from the use of Violin Memory's products, and Violin Memory's business plans and strategy. There are a significant number of risks and uncertainties that could affect Violin Memory's business performance and financial results, including those set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in Violin Memory's Quarterly Report on Form 10-Q for the second quarter of fiscal year 2016, which was filed with the U.S. Securities and Exchange Commission, and which is available on the Violin Memory's investor relations website at investor.violin-memory.com and on the SEC's website at www.sec.gov. All forward-looking statements in this public announcement are based on information available to Violin Memory as of the date hereof, and Violin Memory does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.