Overland Bets Big On Provision-Free Storage
October 12, 2011: Financially, Overland Storage can barely be seen in the rear-view mirrors of the top five disk storage vendors, but, technically, the company is staking a claim in the SMB and distributed enterprise markets. The company is introducing SnapServer DX, a unified NAS and iSCSI SAN device that eliminates the need to provision storage capacity.
Available in both 2U and 1U configurations, the device is expandable to 288 Tbytes; includes enterprise-class features like snapshots, replication and remote management; and costs a tenth of competitive solutions, says Overland. For the fiscal year ended June 30, Overland net revenue was $70.2 million and the operating loss was $15.599 million. In contrast, the top five disk vendors–EMC, HP, IBM, Dell and NetApp–reported second quarter revenues that ranged from $1.621 billion to $720 million (IDC).
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