Nutanix IPO filing wraps up big year for storage

Storage isn’t the sexiest topic in technology, but with the explosion of data funneling through corporate data centers, there’s no shortage of action. As 2015 comes to a close, storage companies are all over the tech headlines. Nutanix , a provider of so-called converged storage, filed to go public on Tuesday, with tentative plans to raise $200 million. A day earlier, NetApp agreed to buy flash storage maker SolidFire for $870 million. And there’s daily noise around the mammoth $67 billion Dell- EMC deal, which was announced in October, the same month that flash provider Pure Storage debuted on the stock market. The Hewlett-Packard Enterprise business , which includes storage, is now separate from the computer company’s consumer unit. At the highest level, the $47 billion storage market is being uprooted, because the old systems weren’t designed for the types and amount of data that enterprises are now creating and digesting. The proliferation of video, cloud services and smartphones are forcing companies to dramatically expand their storage capabilities but without buying a bunch of bulky, high-priced machines. “The scale of the data and the computing problems we’re seeing today are unlike anything we’ve seen in the last 20 years,” said Andres Rodriguez , CEO of cloud storage vendor Nasuni. The emerging companies “all cater to the fundamental scale problem.” Storage developers are serving up different types of solutions, but the key piece is intelligent proprietary software running on commodity hardware. One approach — flash — replaces the old mechanical discs with technology on a chip, dramatically boosting speed while saving space. EMC and NetApp have acquired their way into the market, while Pure is 100 percent flash and Nimble Storage sells a hybrid model. Nutanix takes a different approach by combining storage and computing into a single platform that […]