(soft music) >> Welcome back to Sin City, guys and girls we're glad you're with us. You've been watching theCUBE all week, we know that. This is theCUBE's live coverage of AWS re:Invent 22, from the Venetian Expo Center where there are tens of thousands of people, and this event if you know it, covers the entire strip. There are over 55,000 people here, hundreds of thousands online. Dave, this has been a fantastic show. It is clear everyone's back. We're hearing phenomenal stories from AWS and it's ecosystem. We got a great customer story coming up next, featured on the main stage. >> Yeah, I mean, you know, post pandemic, you start to think about, okay, how are things changing? And one of the things that we heard from Adam Selipsky, was, we're going beyond digital transformation into business transformation. Okay. That can mean a lot of things to a lot of people. I have a sense of what it means. And I think this next interview really talks to business transformation beyond digital transformation, beyond the IT. >> Excellent. We've got two guests. One of them is an alumni, Scott Mullins joins us, GM, AWS Worldwide Financial Services, and Brad Peterson is here, the EVP, CIO and CTO of NASDAQ. Welcome guys. Great to have you. >> Hey guys. >> Hey guys. Thanks for having us. >> Yeah >> Brad, talk a little bit, there was an announcement with NASDAQ and AWS last year, a year ago, about how they're partnering to transform capital markets. It was a highlight of last year. Remind us what you talked about and what's gone on since then. >> Yeah, so, we are very excited. I work with Adena Friedman, she's my boss, CEO of NASDAQ, and she was on stage with Adam for his first Keynote as CEO of AWS. And we made the commitment that we were going to move our markets to the Cloud. And we've been a long time customer of AWS and everyone said, you know the last piece, the last frontier to be moved was the actual matching where all the messages, the quotes get matched together to become confirmed orders. So that was what we committed to less than a year ago. And we said we were going to move one of our options markets. In the US, we have six of them. And options markets are the most challenging, they're the most high volume and high performance. So we said, let's start with something really challenging and prove we can do it together with AWS. So we committed to that. >> And? Results so far? >> So, I can sit here and say that November 7th so we are live, we're in production and the MRX Exchange is called Mercury, so we shorten it for MRX, we like acronyms in technology. And so, we started with a phased launch of symbols, so you kind of allow yourself to make sure you have all the functionality working then you add some volume on it, and we are going to complete the conversion on Monday. So we are all good so far. And I have some results I can share, but maybe Scott, if you want to talk about why we did that together. >> Yeah. >> And what we've done together over many years. >> Right. You know, Brian, I think it's a natural extension of our relationship, right? You know, you look at the 12 year relationship that AWS and NASDAQ have had together, it's just the next step, in the way that we're going to help the industry transform itself. And so not just NASDAQ's business transformation for itself, but really a blueprint and a template for the entire capital markets industry. And so many times people will ask me, who's using Cloud well? Who's doing well in the Cloud? And NASDAQ is an easy example to point to, of somebody who's truly taking advantage of these capabilities because the Cloud isn't a place, it's a set of capabilities. And so, this is a shining example of how to use these capabilities to actually deliver real business benefit, not just to to your organization, but I think the really exciting part is the market technology piece of how you're serving other exchanges. >> So last year before re:Invent, we said, and it's obvious within the tech ecosystem, that technology companies are building on top of the Cloud. We said, the big trend that we see in the 2020s is that, you know, consumers of IT, historically, your customers are going to start taking their stacks, their software, their data, their services and sassifying, putting it on the Cloud and delivering new services to customers. So when we saw Adena on stage last year, we called it by the way, we called it Super Cloud. >> Yeah. >> Okay. Some people liked the term but I love it. And so yeah, Super Cloud. So when we saw Adena on stage, we said that's a great example. We've seen Capital One doing some similar things, we've had some conversations with US West, it's happening, right? So talk about how you actually do that. I mean, because you've got a lot, you've got a big on-premises stay, are you connecting to that? Is it all in the Cloud? Paint a picture of what the architecture looks like? >> Yeah. And there's, so you started with the business transformation, so I like that. >> Yeah. >> And the Super Cloud designation, what we are is, we own and operate exchanges in the United States and in Europe and in Canada. So we have our own markets that we're looking at modernizing. So we look at this, as a modernization of the capital market infrastructure, but we happen to be the leading technology provider for other markets around the world. So you either build your own or you source from us. And we're by far the leading provider. So a lot of our customers said, how about if you go first? It's kind of like Mikey, you know, give it to Mikey, let him try it. >> See if Mikey likes it. >> Yeah. >> Penguin off the iceberg thing. >> Yeah. And so what we did is we said, to make this easy for our customers, so you want to ask your customers, you want to figure out how you can do it so that you don't disrupt their business. So we took the Edge Compute that was announced a few years ago, Amazon Outposts, and we were one of their early customers. So we started immediately to innovate with, jointly innovate with Amazon. And we said, this looks interesting for us. So we extended the region into our Carteret data center in Northern New Jersey, which gave us all the services that we know and love from Amazon. So our technical operations team has the same tools and services but then, we're able to connect because in the markets what we're doing is we need to connect fairly. So we need to ensure that you still have that fairness element. So by bringing it into our building and extending the Edge Compute platform, the AWS Outpost into Carteret, that allowed us to also talk very succinctly with our regulators. It's a familiar territory, it's all buttoned up. And that simplified the conversion conversation with the regulators. It simplified it with our customers. And then it was up to us to then deliver time and performance >> Because you had alternatives. You could have taken a more mature kind of on-prem legacy stack, figured out how to bolt that in, you know, less cloudy. So why did you choose Outposts? I am curious. >> Well, Outposts looked like when it was announced, that it was really about extending territory, so we had our customers in mind, our global customers, and they don't always have an AWS region in country. So a lot of you think about a regulator, they're going to say, well where is this region located? So finally we saw this ability to grow the Cloud geographically. And of course we're in Sweden, so we we work with the AWS region in Stockholm, but not every country has a region yet. >> And we're working as fast as we can. - Yes, you are. >> Building in every single location around the planet. >> You're doing a good job. >> So, we saw it as an investment that Amazon had to grow the geographic footprint and we have customers in many smaller countries that don't have a region today. So maybe talk a little bit about what you guys had in mind and it's a multi-industry trend that the Edge Compute has four or five industries that you can say, this really makes a lot of sense to extend the Cloud. >> And David, you said it earlier, there's a trend of ecosystems that are coming onto the Cloud. This is our opportunity to bring the Cloud to an ecosystem, to an existing ecosystem. And if you think about NASDAQ's data center in Carteret, there's an ecosystem of NASDAQ's clients there that are there to be with NASDAQ. And so, it was actually much easier for us as we worked together over a really a four year period, thinking about this and how to make this technological transition, to actually bring the capabilities to that ecosystem, rather than trying to bring the ecosystem to AWS in one of our public regions. And so, that's been our philosophy with Outpost all along. It's actually extending our capabilities that our customers know and love into any environment that they need to be able to use that in. And so to Brad's point about servicing other markets in different countries around the world, it actually gives us that ability to do that very quickly, very nimbly and very succinctly and successfully. >> Did you guys write a working backwards document for this initiative? >> We did. >> Yeah, we actually did. So to be, this is one of the fully exercised. We have a couple of... So by the way, Scott used to work at NASDAQ and we have a number of people who have gone from NASDAQ data to AWS, and from AWS to NASDAQ. So we have adopted, that's one of the things that we think is an effective way to really clarify what you're trying to accomplish with a project. So I know you're a little bit kidding on that, but we did. >> No, I was close. Because I want to go to the like, where are we in the milestone? And take us through kind of what we can expect going forward now that we've worked backwards. >> Yep, we did. >> We did. And look, I think from a milestone perspective, as you heard Brad say, we're very excited that we've stood up MRX in production. Having worked at NASDAQ myself, when you make a change and when you stand up a market that's always a moment where you're working with your community, with your clients and you've got a market-wide call that you're working and you're wanting to make sure that everything goes smoothly. And so, when that call went smoothly and that transition went smoothly I know you were very happy, and in AWS, we were also very happy as well that we hit that milestone within the timeframe that Adena set. And that was very important I know to you. >> Yeah. >> And for us as well. >> Yeah. And our commitment, so the time base of this one was by the end of 2022. So November 7th, checked. We got that one done. >> That's awesome. >> The other one is we said, we wanted the performance to be as good or better than our current platform that we have. And we were putting a new version of our derivative or options software onto this platform. We had confidence because we already rolled it to one market in the US then we rolled it earlier this year and that was last year. And we rolled it to our nordic derivatives market. And we saw really good customer feedback. So we had confidence in our software was going to run. Now we had to marry that up with the Outpost platform and we said we really want to achieve as good or better performance and we achieved better performance, so that's noticeable by our customers. And that one was the biggest question. I think our customers understand when we set a date, we test them with them. We have our national test facility that they can test in. But really the big question was how is it going to perform? And that was, I think one of the biggest proof points that we're really proud about, jointly together. And it took both, it took both of us to really innovate and get the platform right, and we did a number of iterations. We're never done. >> Right. >> But we have a final result that says it is better. >> Well, congratulations. - Thank you. >> It sounds like you guys have done a tremendous job. What can we expect in 2023? From NASDAQ and AWS? Any little nuggets you can share? >> Well, we just came from the partner, the partner Keynote with Adam and Ruba and we had another colleague on stage, so Nick Ciubotariu, so he is actually someone who brought digital assets and cryptocurrencies onto the Venmo, PayPal platform. He joined NASDAQ about a year ago and we announced that in our marketplace, the Amazon marketplace, we are going to offer digital custody, digital assets custody solution. So that is certainly going to be something we're excited about in 2023. >> I know we got to go, but I love this story because it fits so great at the Super cloud but we've learned so much from Amazon over the years. Two pieces of teams, we talked about working backwards, customer obsession, but this is a story of NASDAQ pointing its internal capabilities externally. We're already on that journey and then, bringing that to the Cloud. Very powerful story. I wonder what's next in this, because we learn a lot and we, it's like the NFL, we copy it. I think about product market fit. You think about scientific, you know, go to market and seeing that applied to the financial services industry and obviously other industries, it's really exciting to see. So congratulations. >> No, thank you. And look, I think it's an example of Invent and Simplify, that's another Amazon principle. And this is, I think a great example of inventing on behalf of an industry and then continually working to simplify the way that the industry works with all of us. >> Last question and we've got only 30 seconds left. Brad, I'm going to direct it to you. If you had the opportunity to take over the NASDAQ sign in Times Square and say a phrase that summarizes what NASDAQ and AWS are doing together, what would it say? >> Oh, and I think I'm going to put that up on Monday. So we're going to close the market together and it's going to say, "Modernizing the capital market's infrastructure together." >> Very cool. >> Excellent. Drop the mic. Guys, this was fantastic. Thank you so much for joining us. We appreciate you joining us on the show, sharing your insights and what NASDAQ and AWS are doing. We're going to have to keep watching this. You're going to have to come back next year. >> All right. >> For our guests and for Dave Vellante, I'm Lisa Martin. You're watching theCUBE, the leader in live enterprise and emerging tech coverage. (soft music)

>>from around the globe. It's the Cube with digital coverage of Red Hat. Summit 2020 Brought to you by Red Hat. >>Hi, I'm stupid, man. And this is the Cube's coverage of Red Hat Summit. Of course, it's happening digitally. We're interviewing Red Hat executives, customers and partners from around the globe who can are gonna be part of this event. And happy to welcome back to the program. One of our Cube alumni, Joe Fitzgerald, who is the vice president and general manager of the management business unit at Red Hat. Last time I caught up with Joe is that answerable fest last year. And, uh, Joseph, fourth year in a row, You've been on the Cube here at Red Hat Summit. Thanks so much for joining us again. >>Thanks for having me back. Still, I'm happy to be here, >>All right, So, Joe, I think it actually makes sense for us to kind of pick up the conversation where we left off and answer both best last year, so answerable fast. It's all about automation. You're really helping with digital transformation. What companies are going through in today's day and age automation and being able to be more agile. Of course, everybody, for the most part, is working from home, being able to enable things remote. The adoption of cloud is even more consideration. So what part there? And since we last talked, you know, obviously things have changed for everyone some, but give us the latest from your organization. >>Thanks to you know, when we met and so fast in Atlanta last fall, we were talking about strategic use of our nation. Um, in today's current crisis, if you will. There's a lot of folks who are leaning on automation in a much more immediate and tactical way. We're seeing a lot of automation being used by folks to the boy, either the infrastructure they need to deal with capacity and surge demand that they have. Right now, we're seeing people use it for things like working from home because they can't get access to gear we're seeing for bursting to public clouds because they can add more physical equipment, perhaps in the data center. So last year we were excited to talk to you about strategic automation. That's still really important. But right now a lot of folks have more pressing matters in terms of automating to get through the current crisis coming to you from northern New Jersey, which is certainly a hot spot on, but certainly a lot appreciation for the folks on the front lines. They're taking care of us and protecting us and things like that. We want to do everything we can as a company, as red hat, to enable folks to do whatever they need to do to be able to get through this crisis. >>Yeah, absolutely. Joe Ah, very important topics there. In the keynote for Red Hat Summit, there's discussion of your group, and of course, management has always been a critical piece of how we look at overall i t. When I first became an analyst, the joke was, Well, you know, security and management. We can always kind of okay, those pillars is two things we need to do is an industry to make things better. Ah, specifically, we've been talking for years about the growth of container ization and kubernetes. Of course, Red hat, strong leadership position with open shift. My understanding that if I heard right from the keynote, it's the advanced cluster. Management is the new piece. Can you give us a little bit about, you know, the team, the technology, how this fits into the overall red hat portfolio. >>Sure, so we're super excited around advanced cluster management. It turns out that you know, we have a lot of customers that are running open shift to other container based applications, and as they evolve, they inevitably end up with multiple clusters based on separation of duties or lines of business, perhaps for distributed availability zones and things like that with their clusters, so they inevitably back into a multi cluster scenario. What we've done is working with IBM would develop some very rich technology around advanced management for multi cluster environments built from scratch for container environments and kubernetes. We worked with IBM. We move that technology over to Red Hat. But when the process of doing two things one is we're announcing tech preview here at Summit of that technology and where the process we're open sourcing that technology because we're red hat and everything we do is open source. We're going to take some of the most advanced container management cluster management technology in the world that we've gotten from IBM, and we're going to open source that we're excited here is that we're gonna provide this red hat, offering advanced cluster management to help people who are struggling with managing clusters. >>Yeah, Joe, absolutely a super important point point. Anybody that's watched this space for the last few years, simplicity has not been the word that people have used for it. And over the last year there's been a lot of announcements from some of the major players in the industry about how do I manage those multiple cluster environment? So, Joe, if I think back two years ago Ah, it was, you know, here's the best way to run kubernetes. And when you talk to a lot of customers, it was well, they were starting with often spinning their own because that was what was available. And the number one choice that I usually heard from customers was, Oh, if I'm a Red Hat customer, started using open shift and start using open ships everywhere, fast forward to where we are today. Of course, you have lots of customers running open shift, but also in the public clouds. If I'm using Amazon, Google, Microsoft, other platform environments, often there's a native kubernetes, and I need to manage across those environments. So do I understand right? ACM Is that going toe? Help me not only with my open shift but as it moves forward. Also, manage some of those other kubernetes environment. And how does Red Hat approach this kind of the same or differently? From what I hear from from Microsoft with Arc with VM Ware with Andrew >>So ACM vessels Management from Red Hat supports any standard kubernetes environment. One of the advantages we have working in an open shift environments Open shift has a lot of functionality sides Kuban aids. In other words, it's already a layer of sophistication built on top of kubernetes, so open shift itself provides a lot of management automation. Now you had advanced cluster management on top of that, which will be able to import other communities clusters from other environments. But the ability for its take advantage of the sophistication that's already in open shift and then leverage things like Hansel Automation and then some of the management. SAS Services cloud at red dot com We're connected customer experience the ability to proactively look at open shift clusters and be ableto some cases tell people about problems they're having before they even realize they have the problem. That combination of management automation on top of the already rich open shift environment really puts us. A couple of you know, runs up in terms of capabilities. I'll be on a standard kubernetes vanilla. Our >>yeah, so one of the reasons I was looking forward to this conversation is one of the things that we've been looking at for the last few years is how is multi cloud the same or different from what we have done back, You know, 10 15 years ago with multi vendor. And I think anybody that's been around long enough and you talk about management in a multi vendor environment and you think about the leading tools from a software standpoint. We're out there and it gives us a little bit of flashbacks, and it's not. Not in a good way. So what have we learned as an industry? And, you know, you talked about it, you know, integration with answerable all the automation, you know, how do we make sure that we aren't repeating the sins of the past with these new generation of management tools? >>Well, what we've seen is that enterprises are inherently going to be hybrid and multi cloud red has been talking about open hybrid cloud for almost eight years. Right? So our CTO Paul Cormier, you know, sort of anticipated this, which was pretty insightful eight years ago because everybody thought and people gonna move exclusively cloud it would have any data centers and maybe hardware anywhere. That's why you've got data centers edge multiple public clouds with services that are all over those different footprints. We believe that, you know, unlike the past when you had heterogeneous systems management, right where you have different platforms that we're trying to manage is the lowest common denominator is a common platform. Now what Red hat is offering is open shift, which will run on all the public clouds, as well as on your physical and virtual hardware in the data centers at the edge. So it basically provides the consistency, which means that the management can then talk to a consistent environment, provided much higher level hybrid cloud management and trying to either have silos of different management tools by cloud by vendor by environment, um, and then try to Federated at the lowest common denominator. You'll see kubernetes management tools, for example, that have to use the lowest, you know, sort of common denominator, which is the straight kubernetes AP eyes. We could take advantage of those, but also the additional functionality That open shift brings in, for example, with the other kids abilities. It allows us to have a higher level of management but provide that consistency by having the same hybrid cloud platform this case. Coburn's shift run across those different environments. >>Yeah, so what? One of the things that also consumer concerns me a little bit as the industry when they talk about kubernetes. It's very much a discussion of the infrastructure piece, but we know this move to cloud native is very much about the application and the application development. So help me understand a little bit how that overall story for kind of the app Dev see I CD all those pieces fit into your story. I was one of the major points of discussion. You know, the best. >>Yeah, so So it is really all about the application. People really don't want to think about the infrastructure. They don't think about the application. That's really what's driving their business and their differentiation in the case of open shift, but open shift provides application. Lifecycle management for kubernetes environments are advanced. Cluster management sort of takes that a step further and allows you to extend that life cycle so that you can deploy applications based on policy to different environments based on your needs. Keeps compliance. All those things enforce regardless of how many different places the traction application. So it's not just a Z Z as taking an application to going into one location. People want to be able to continuously update their applications and deploy it to all of the places that it needs to be there based on availability, a proximity security environments and things like that represents a hard challenge. And so that's why some of the tools, like Advanced cluster Management, are exactly designed to help those kind of new applications. Yeah, >>all right, Joe, you talked about that. Some of the technology for for ACM came from the IBM side. Give us the update. When you look at the IBM Cloud portfolio, how is your group really interacting and supporting and working with the overall IBM solutions? >>So IBM has a very robust portfolio and they have you know a number of the cloud packs in their portfolio that address things like applications and data management, things like that. So IBM, in this case, I developed some advanced cluster management technology, but it was not open source. It wasn't available to other folks. One of the challenges with that is that we believe, as red Hat that the innovations happening in open source. If you develop something in a closed, proprietary way, maybe the best thing in the world today, a year, two years, three years from now there are other projects and there are other technologies have being collaborated on open that are going to make. But we leave you behind, right? So we think open is the future. So in this case, and working with IBM, we took some very advanced technology. We moved it over to Red Hat, and now we're in the process of open sourcing it, as well as providing an enterprise consumable version. More technology in Red Hat Advanced Cluster Management for kubernetes, IBM again has to support a much broader, diverse environment, right in terms of everything from mainframes to edge and containers and V M's and physical machines applications that span decades, So they have a much bigger sort of, you know, target environment that they have to work in. Red Hat's focused on the future. We're really sort of skating to where the puck is, if you will use a you know, hockey analogy where basically, we're trying to anticipate what enterprises are going to need and address that with not only the platforms with management automation, you're going to need to be successful with the cloud. >>Yeah, Joe, I want I want you to bring it into your customers and you talk about all these changes that are happening in the landscape and how they manage it. Any insight you can give as to, you know, organizational structures. You know, I remember last year at Summit I talked to a number of companies going through digital transformation. And, you know, we know that there is as much if not more organizational change that needs happen along with the technology pieces. So from your world, you know who's kind of leading the charge, what skill sets do people need to either, you know, bring to it or learn new on And you know, our companies, you know, taking advantage of >>Well, as they say, developers are sort of the new kingmakers, right? In some ways. And so you know the tools that you've always said people process and technology, right? And I know as software companies get very, very excited about technology, but it turns out that the people, the process here way people building their applications, Way Dev ops and see I CD. It's a very, very sort of different environment for management automation tools, you know and sort of. The relationship between teams has changed and will change more, by the way. And so one of things we're trying to do. You see this with answerable, but you're also seeing this with Advanced Cluster Management is ability to delegate and give different kinds of operational and management capabilities to the teams, whether it's like business developers, QE teams. So it's fundamentally changing the way that the processes were working. That requires that the tools map to those new team structures. There's no new processes on, and that's what I think's going on it fundamentally different, and one of things I think you're going to see is management tools that were built in the past for these were the old style organizing are not going to fare well in the new World, where these processes and the team structures are changing. >>All right, So, Joe, before I want to get some feedback from you on how your technologies and teams they're helping with the code 19 piece. But let's just wrap up the ACM discussion before we do that. So you said it's a tech preview. S 01 of things that really nice is when you move things to open source, the community gets pretty good visibility as to when things were getting releases. New features down the pike. So what should we be looking for as an industry for ACM? When that rolls out, how two people start getting their hands on it and you know, what does that look like? >>So there's really two paths there. One is from a tech preview point of view. You know, customers can get access to the technology right and see it in their environment and give us feedback. The fact that it's been developed for the past two years probably constitutes hundreds of years of developer, um, you know, time in it. It's not Alfa technology. It's pretty robust. So even though we're calling a tech preview, we anticipate that it's going to be production ready in short fashion. It will take us a little bit of time to open. Source. The technology's red hat has a history of open sourcing technologies that we acquire. Each one varies in terms of what's in the code licenses, how it's structured, how it should be open source. We just don't back the truck up and take a bunch of code and put in a repository is actually a thoughtful process about the way that's projects or set up a communities they should be in. We're going through that process now, but customers will be able to take advantage of it in short fashion, and I think they're gonna find a very high level of maturity, given how long and how much. I mean it's work of this, >>you know, a really important piece is there. The other one closed the discussion with how we started off. Obviously, you know, workers and companies are having to make changes and be more flexible than ever in response to the Kobe 19 endemic. What are some of the pieces of technologies and services Ah, that that you want to highlight as toe that are helping companies really adjust to what is happening in today's world. >>Well, Red Hat is always been a very conscientious company. And in my particular area, one of things we're doing is with sensible. We're trying to enable folks to use automation providing free workshop, free workshops and access to code playbooks and things for different environments. If you think about the different kinds of industries right now, some are struggling with no smaller workforces work at home. Other ones are under tremendous pressure to deliver services to help keep us safe and protect us. So we're trying to provide as much a so we can in terms of automation, enabling people to use free, open source innovation on automation to enable work from home to do everything from creative TVNZ toe, you know, set their statuses and communicate between teams in this new environment, but to burst into a lot of clouds in some cases because somewhere trying to scale because their business is now change but is under tremendous pressure. You see that delivery services and things like that. So we're trying to to help as much as we can with automation is something that could be immediately helpful and has been some of these other projects. You know, somebody's doing a transformation, and they're designing new applications as much longer. Burn to it. Whereas automation is needed today by companies under duress, you can help them accelerate, um, and connect the their their new work at home environments. Sweetie Automation. Helping a lot. The other thing I want to mention is that we have free capabilities like red hat insights that can actually access systems for security. The last thing you need is a security breach or some other problem. Why you're dealing with fighting fires. There are bad actors out there. We've seen a few already eso insides ability to look at systems and tell people what their current posture is. So they immediately, quickly, whether with our tools or some other tool they have. We're trying to do as much as we can to help our customers for this really tough time. >>Well, Joe, thank you so much for the updates. Ah, congratulations to the team on the progress and absolutely very important topics to help customers that need to react even faster than ever in today's time. Extra funding. I'm stew. Minimum lots more coverage from Red Hat Summit on the Cube. Check out the cube dot net. And thank you for watching. >>Yeah, yeah, yeah.

>> Announcer: From the SiliconANGLE Media office, in Boston Massachusetts, it's The Cube! Now, here's your host, Dave Vellante. >> Hi everybody! My name is Dave Vellante. Welcome to this special presentation on The Cube. Infinidat is a company that we've been following since it's early days. A hot storage company, growing like crazy, doing things differently than most storage companies. We've basically been doubling revenues every year for quite some time now. And Brian Carmody is here to help me kick off this announcement and the presentation today. Brian, thanks for coming back on. >> Hey Dave, thanks for having me. >> So, you may have noticed we have a crowd chat going on live. It's crowdchat.net/Infinichat. You can ask any question you want, it's an ask me anything chat about this announcement. This is a bi-coastal program that we're running today between here and our offices in Palo Alto. So, Brian let's get into it. Give us the update on Infinidat. >> Things are going very well at Infinidat. We're just coming out of our 17th consecutive quarter of revenue growth, so we have a healthy, sustainable, profitable business. We have happy, loyal customers. 71% of our revenue in 2017 came from existing customers that were increasing their investment in our technologies. We're delighted by that. And we have surpassed three exabytes of customer deployments. So, things are wonderful. >> And you've done this essentially as a one product company. Is that correct? Yes, so going back to our first sale in the summer of 2013, that growth has been on the back of a single product, InfiniBox, targeted at primary storage. >> Okay, so what's inside of InfiniBox? Tell me about some of the innovations. In speaking to some of your customers, and I've spoken to a number of them, they tell me that one of the things they like, is that from early on, I think serial number 0001, they can take advantage of any innovations that you've produced within that product, is that right? >> Yeah, exactly, so InfiniBox is a software product. It has dumb hardware, dumb commodity hardware, and it has it has very smart intelligent software. This allows us to kind of break from this forklift upgrade model, and move to a model where the product gets better over time. So if you look at the history of InfiniBox going back to the beginning, with each successive release of our software, latency goes down, new features are added, and capacity increases become available. And this is the difference between the software versus a hardware based innovation model. >> One of the interesting things I'll note about Infinidat is you're doing software defined, you don't really use that terminology, it's the buzzword in the industry. The other buzzword is artificial intelligence, machine learning. You're actually using machine intelligence, You and I have talked about this before, to optimize the placement of data that allows you to use much less expensive media than some of the other guys, and deliver more value to customers. Can you talk about that a little bit? >> Yeah, absolutely, and by the way the reason why that is is because we're an engineering company, not a marketing company, so we prefer just doing things rather than talking about them. So InfiniBox is the first expression of a set of fundamental technologies of our technology platform, and the first piece of that is what you're talking about. It's called NeuroCache. And it's our ML and AI infrastructure for learning customer workloads and using that insight in real time to optimize data placement. And the end result of this is driving cost out of storage infrastructure and driving up performance. That's the first piece. That's NeuroCache. The second piece of our technology foundations is INFINISNAP. So this is our snapshot mechanism that allows infinite, lock-free, copy data management with absolutely no performance impact. So that's the second. And then the third is INFINIRAID and our Raz platform. So this is our distributed raid architecture that allows us to have multi pedibytes scale, extremely high durability, but also have extremely high availability of the services and that what enables our seven nines reliability guarantee. Those things together are the basis of our products. >> Okay, so sort of, we're here today and now what's exciting is that you're expanding beyond just the one product company into a portfolio of products, so sort of take us through what you're announcing today. >> Yeah so this is a really exciting day, and it's a milestone for Infinidat because InfiniBox now has some brothers and sisters in the family. The first thing that we are announcing is a new F Series InfiniBox model which we call F6212. So this is the same feature set, it's the same software, it's the same everything as its smaller InfiniBox models, but it is extremely high capacity. It's our largest InfiniBox. It's 8.3 pedibytes of capacity in that same F6000 form factor. So that's number one. Numnber two, we're announcing a product called InfiniGuard. InfiniGuard is pedibytes scale, data protection, with lightening-fast restores. The third thing that we're announcing, is a new product called InfiniSync. InfiniSync is a revolutionary business continuity appliance that allows synchronous RPO zero replication over infinite distances. It's the first ever in this category. And then the fourth and final thing that we're announcing is a product called Neutrix Cloud. Neutrix Cloud is sovereign storage that enable real-time competition between public cloud providers. The ultimate in agility, which is the ability to go polycloud. And that's the content of the portfolio announcement. >> Excellent, okay, great! Thanks, Brian, for helping us set that up. The program today, as you say, there's a cloud chat going on. Crowdchat.net/infinichat. Ask any question that you want. We're going to cover all these announcements today. InfiniSync is the next segment that's up. Dr. Ricco is here. We're going to do a quick switch and I'll be interviewing doc, and then we're going to kick it over to our studio in Palo Alto to talk about InfiniGuard, which is essentially, what was happening, Infinidat customers were using InfiniBox as a back-up target, and then asked Infinidat, "Hey, can you actually make this a product and start "partnering with software companies, "back-up software companies, and making it a robust, "back-up and recovery solution?" And then MultiCloud, is one of the hottest topics going, really interested to hear more about that. And then we're going to bring on Eric Burgener from IDC to get the analyst perspective, that's also going to be on the West coast and then Brian and I are come back, and wrap up, and then we're going to dive in to the crowd chat. So, keep it right there everybody, we'll be back with Dr. Ricco, right after this short break. >> Narrator: InfiniBox was created to help solve one of the biggest data challenges in existence, the mapping of the human geno. Today InfiniBox is enabling the competitive business processes of some of the most dynamic companies in the world. It is the apex product of generations of technology, and lifetimes of engineering innovation. It's a system with seven nines of reliability making it the most available storage solution in the market InfiniBox is both powerful and simple to use. InfiniBox will transform how you experience your data. It is so intuitive, it will inform you about potential problems, and take corrective action before they happen. This is InfiniBox. This is confidence. >> We're back with Dr. Ricco, who's the CMO of Infinidat. Doc, welcome! >> Thank you, Dave. >> I've got to ask you, we've known each for a long time. >> We have. >> Chief Marketing Officer, you're an engineer. >> I am. >> Explain that please. >> Yeah, I have a PhD in engineering and I have 14 patents in the storage industry from my prior job, Infinidat is an unconventional company, and we're using technology to solve problems in an unconventional way. >> Well, congratulations. >> Dr. Ricco: Thank you. >> It's great to have you back on The Cube. Okay, InfiniSync, I'm very excited about this solution, want to understand it better. What is InfiniSync. >> Well, Dave, before we talk about InfiniSync directly, let's expand on what Brian talked about is the foundation technologies of Infinidat and the InfiniBox. In the InfiniBox we provide InfiniSnap, which is a near zero performance impact to the application with near zero overhead, just of course the incremental data that you write to it. We also provide async and we provide syncronous replication. Our async replication provides all that zero overhead that we talked about in InfiniSnap with a four-second interval. We can replicate data four seconds apart, nearly a four second RPO, recovery point objective. And our sync technology is built on all of that as well. We provide the lowest overhead, the lowest latency in the industry at only 400 microseconds, which provides an RPO of zero, with near zero performance impact application as well, which is exciting. But syncronis replication, for those applications while there's values to that, and by the way all of the technology I just talked about, is just as Brian said, it's zero additional cost to the customer with Infinidat. There are some exciting business cases why you'd use any of those technologies, but if you're in a disaster-recovery mode and you do need an RPO of zero, you need to recognize that disasters happen not just locally, not just within your facility, they happen in a larger scale regionally. So you need to locate your disaster recovery centers somewhere else, and when you do that, you're providing additional and additional performance overhead just replicating the data over distance. You're providing additional cost and you're providing additional complexity. So what we're providing is InfiniSync and InfiniSync extends the customer's ability to provide business continuity over long distances at an RPO of zero. >> Okay, so talk more about this. So, you're essentially putting in a hardened box on site and you're copying data synchronously to that, and then you're asynchronously going to distance. Is that correct? >> Yes, and in a traditional sense what a normal solution would do, is you would implement a multi-site or a multi-hop type of topology. You build out a bunker site, you'd put another box there, another storage unit there, you'd replicate synchronously to that, and you would either replicate asynchronously from there to a disaster recovery site, or you'd replicate from your initial primary source storage device to your disaster recovery site which would be a long distance away. The problem with that of course is complexity and management, the additional cost and overhead, the additional communications requirements. And, you're not necessarily guaranteeing an RPO of zero, depending upon the type of outage. So, what we're doing is we're providing in essence that bunker, by providing the InfiniSync black box which you can put right next to your InfiniBox. The synchronous replication happens behind the scenes, right there, and the asynchronous replication will happen automatically to your remote disaster recovery site. The performance that we provide is exceptional. In fact, the performance overhead of a right-to-earn InfiniSync black box is less than the right latency to your average all flasher right. And then, we have that protected, from any man-made or natural disaster, fire, explosion, earthquake, power outages, which of course you can protect with generators, but you can't protect from a communications outage, and we'll protect from a communications outage as well. So the asynchronous communication would use your wide area communications, it can use any other type of wifi communications, or if you lose all of that, it will communicate celluarly. >> So the problem you're solving is eliminating the trade-off, if I understand it. Previously, I would have to either put in a bunker site which is super expensive, I got to a huge telecommunications cost, and just a complicated infrastructure, or I would have to expose myself to a RPO nowhere close to zero, expose myself to data loss. Is that right? >> Correct. We're solving a performance problem because your performance overhead is extremely low. We're solving a complexity problem because you don't have to worry about managing that third location. You don't have to worry about the complexity of keeping three copies of your data in sync, we're solving the risk by protecting against any natural or man-made disaster, and we're significantly improving the cost. >> Let's talk about the business case for a moment, if we can. So, I got to buy this system from you, so there's a cost in, but I don't have to buy a bunker site, I don't have to rent, lease, buy staff, et cetera, I don't have to pay for the telecommunications lines, yet I get the same or actually even better RPO? >> You'll get an RPO of zero which is better than the worse case scenario in a bunker, and even if we lose your telecommunications you can still maintain an RPO of zero, again because of the cellular back-up or in the absolute worse case, you can take the InfiniSync black box to your remote location, plug it in, and it will synchronize automatically. >> And I can buy this today? >> You can buy it today and you can buy it today at a cost that will be less than a telecommunications equipment and subscriptions that you need at a bunker site. >> Excellent, well great. I'm really excited to see how this product goes in the market place. Congratulations on getting it out and good luck with it. >> Thank you, Dave. >> You're welcome, alright, now we're going to cut over to Peter Burris in Palo Alto with The Cube Studios there, and we're going to hear about InfiniGuard, which is an interesting solution. Infinidat customers were actually using InfiniBox as a back-up target, so they went to Infinidat and said, "Hey can you make this a back-up and recovery "solution and partner with back-up software companies." We're going to talk about MultiCloud, it's one of the hottest topics in the business, want to learn more about that, and then Eric Burgener from IDC is coming in to give us the analyst perspective, and then back here to back here to wrap up with Brian Carmody. Over to you, Peter. >> Thanks, Dave I'm Peter Burris and I'm here in our Palo Alto, The Cube studios, and I'm being joined here by Bob Cancilla, who's the Executive Vice President of Business Development and Relationships, and Neville Yates, who's a Business Continuity Consultant. Gentlemen, thank you very much for being here on The Cube with us. >> Thanks, Peter, thanks for being here. >> So, there is a lot of conversation about digital business and the role that data plays in it. From our perspective, we have a relatively simple way of thinking about these things, and we think that the difference between a business and digital business is the role the data plays in the digital business. A business gets more digital as it uses it's data differently. Specifically it's data assets, which means that the thinking inside business has to change from data protection or asset or server protection, or network protection to truly digital business protection. What do you guys say? >> Sure we're seeing the same thing, as you're saying there Peter. In fact, our customers have asked us to spread our influence in their data protection. We have been evaluating ways to expand our business, to expand our influence in the industry, and they came back and told us, if we wanted to help them the best way that we could help them is to go on and take on the high-end back-up and recovery solutions where there really is one major player in the market today. Effectively, a monopoly. Our customers' words, not our own. At the same time, our product management team was looking into ways of expanding our influence as well, and they strongly believed and convinced me, convinced us, our leadership team within side of Infinidat to enter into the secondary storage market. And it was very clear that we could build upon the foundation, the pillars of what we've done on the primary storage side and the innovations that we brought to the market there. Things around or multiple pedibyte scale, with incredible density, faster than flash performance, the extreme ease of use and lowering the total cost of operation at the enterprise client. >> So, I want to turn that into some numbers. We've done some research here now at Wikibon that suggests that a typical Fortune 1000 company, because of brittle and complex restore processes specifically, too many cooks involved, a focus on not the data but on devices, means that there's a lot of failure that happens especially during restore processes, and that can cause, again a typical Fortune 1000 company, 1.25 plus billion dollars revenue over a four year period. What do you say as you think about business continuity for some of these emerging and evolving companies? >> That translates into time is money. And if you need to recover data in support of revenue-generating operations and applications, you've got to have that data come back to be productively usable. What we do with InfiniGuard is ensure that those recovery time objectives are met in support of that business application and it is the leveraging of the pillars that Bob talked about in terms of performance, the way we are unbelievable custodians of data, and then we're able to deliver that data back faster than what people expect. They're used today to mediocrity. It takes too long. I was with a customer two weeks ago. We were backing up a three terabyte data base. This is not a big amount of data. It takes about half and hour. We would say, "Let's do a restore" and the gentleman looked at me and said, "We don't have time." I said, "No, it's a 30 minute process." This person expected it to take five and six hours. Add that up in terms of dollars per hours, what it means to that revenue-generating application, and that's where those numbers come from. >> Yeah, especially for fails because of, as you said, Bob, the lack of ease of use and the lack of simplicity. So, we're here to talk about something. What is it that we're talking about and how does it work? >> Let me tell ya, I'll cover the what it is. I'll let Nevil get into a little bit how it works. So the what it is, we built it off the building block of our InfiniBox technology. We started with our model F4260, a one pedibyte usable configuration, we integrated in stainless, deduplication engines, what we call DBEs, and a high availability topology that effectively protects up to 20 pedibytes of data. We combined that with a vast certification and openness of independent software vendors in the data protections space. We want to encourage openness, and an open ecosystem. We don't want to lock any customer out of their preferred software solution in that space. And, you can see that with the recent announcements that we've made about expanding our partnerships in this space specifically, Commvault and B. >> Well, very importantly, the idea of partnership and simplicity in these of views, you want your box, the InfiniGuard to be as high quality and productive as possible, but you don't want to force a dramatic change on how an organization works, so let's dig into some of that Nevil. How does this work in practice? >> It's very simple. We have these deduplication engines that front end the InfiniBox storage. But what is unique, because there's others ways of packaging this sort of thing, but what is unique is when the InfiniGuard gets the data, it builds knowledge of relationships of that data. Deduplication is a challenge for second tier storage systems because it is a random IO profile that has to be gathered in the fashion to sequentially feed this data back. Our knowledge-building engine, which we call NeuroCache in the InfiniBox is the means by which we understand how to gather this data in a timely fashion. >> So, NeuroCache helps essentially sustain some degree of organization of the data within the box. >> Absolutely. And there's a by-product of that organization that the ability to go and get it ahead of the ask allows us to respond to meet recovery time objectives. >> And that's where you go from five to six hours for a relatively small restore to >> To 30 minutes. >> Exactly. >> Yeah, exactly. >> By feeding the data back out to the system in a pre-organized way, the system's taking care of a lot of the randomness and therefore the time necessary to perform a restore. >> Exactly and other systems don't have that capability, and so they are six hours. >> So we're talking about a difference between 30 minutes and six hours and I also wanted very quickly, Bob, to ask you a question the last couple minutes here, you mentioned partnerships. We also want to make sure that we have a time to value equation that works for your average business. Because the box can work with a lot of different software that really is where the operations activities are defined, presumably it comes in pretty quickly and it delivers value pretty quickly. Have I got that right? >> Absolutely, so we have done a vast amount of testing, certification, demos, POCs, you name it, with all the major players out there that are in this market on the back-up software side, the data protection side of the business. All of them have commented about the better business continuity solution that we put together, in conjunction with their product as well. And, the number one feedback that comes back is, "Wow, the restore times that you guys deliver to the market "are unlike anything we've seen before." >> So, to summarize, it goes in faster, it works faster, and it scales better, so the business truly can think of itself as being protected, not just sets of data. >> Absolutely. >> Agreed. >> Alright, hey Bob Cancilla, EDP of Business Development Partnerships, Neville Yates, Business Continuity Consultant, thanks very much for being on The Cube, and we'll be right back to talk Multicloud after this short break. >> With our previous storage provider, we faced many challenges. We were growing so fast, that our storage solution wasn't able to keep up. We were having large amounts of downtime, problems with the infrastructure, problems with getting support. We needed a system that was scalable, that was cost effective, and allow our business to grow as our customers' demands were growing. We needed a product that enabled us to manage the outward provision customer workloads quickly and efficiently, be able to report on the amount of data that the customer was using. The solution better enabled us to replicate our customers' data between different geos. >> We're back. Joining me now are Gregory Touretsky and Erik Kaulberg, both senior directors at Infinidat, overseeing much of the company's portfolio. Gregory, let's talk Multicloud. It's become a default part of almost all IT strategies, but done wrong, it can generate a lot of data-related costs and risks. What's Infinidat's perspective? >> So yeah, before we go there, I will mention this phenomemon of the data gravity. So we see, as many of our customers report that, as much as amount of data grows in the organization, it becomes much harder for them to move applications and services to a different data center, or to a different oblicloud. So, the more data they accumulate, the harder it becomes to move it, and they get locked into this, so we believe that any organization deserves a way to move freely between different obliclouds or data centers, and that's the reason we are thinking about the multicloud solution and how we can provide an easy way for the companies to move between data centers. >> So, clearly there's a need to be able to optimize your costs to the benefits associated with data, Erik, as we think about this, what are some of the key considerations most enterprises have to worry about? >> The biggest one overall is the strategic nature of cloud choices. At one point, cloud was a back room, the shadow IT kind of thing. You saw some IT staff member go sign up for gmail and spread or dropbox %or things like that, but now CIOs are thinking, well, I've got to get all these cloud services under control and I'm spending a whole lot of money with one of the big two cloud providers. And so that's really the strategic rationale of why were saying, "Organizations, especially large enterprises require this kind of sovereign storage that disagregates the data from the public clouds to truly enable the possibility cloud competition as well as to truly deliver on the promise of the agility of public clouds. >> So, great conversation, but we're here to actually talk about something specifically Neutrix. Gregory, what is it? >> Sure, so Neutrix, is a completely new offering that we come with. We are not selling here any box or appliance for the customers to deploy in their data center. We're talking about a cloud service that is provided by Infinidat. >> We are building our infrastructure in a major colo, partnering with Equinix and others, we are finding data centers that are adjacent public clouds, such as AWS or Azure to ensure very low latency and high bandwidth connectivity. And then we build our infrastructure there with InfiniBox storage and networking gear that allows our customers to really use this for two main reasons. So one use case, is disaster recovery. If a customer has our storage on prem in his data center, they may use our efficient application mechanism to copy data and get second copy outside of the data center without building the second data center. So, in case of disaster, they can recover. The other use case we see is very interesting for the customers, is an ability to consume while running the application in the public cloud directly from our storage. So they can do any first mount or iSCSi mount to storage available from our cloud, and then run the application. We are also providing the capability to consume the sane file system from multiple clouds at the same time. So you may run your application both in Amazon and Microsoft clouds and still access and share the data. >> Sounds like it's also an opportunity to simplify ramping into a cloud as well. Is that one of the use cases? >> Absolutely. So it's basically a combination of those two use cases that I described. The customers may replicate data from their own prem environment into the Neutrix Cloud, and then consume it from the public cloud. >> Erik, this concept has been around for a while, even if it hasn't actually been realized. What makes this in particular different? I think there's a couple of elements to it. So number one is we don't really see that there's a true enterprise grade public cloud storage offering today for active data. And so we're basically bringing in that rich heritage of InfiniBox capabilities and those technologies we've developed over a number of years to deliver an enterprise grade storage except without the box as a service. So that's a big differentiator for us versus the native public cloud storage offerings. And then when you look at the universe of other companies who are trying to develop let's say, cloud adjacent type offerings, we believe we have the right combination of that scalable technology with the correct business model that is aligned in a way that people are buying cloud today. So that's kind of the differentiation in a nutshell. >> But it's not just the box, there's also some managed servces associated with it, right? >> Well, actually, it's not a box, that's the whole idea. So, the entire thing is a consumable service, you're paying by the drink, it's a simple flat pricing of nine cents per gigabyte per month, and it's essentially as easy to consume as the native public cloud storage offerings. >> So as you look forward and imagine the role that this is going to play in conjunction with some of the other offerings, what should customers be looking to out of Neutrix, in conjunction with the rest of the portfolio. >> So basically they can get, as Erik mentioned, what they like with InfiniBox, without dealing with the box. They get fully-managed service, they get freedom of choice, they can move applications easily between different public clouds and to or from the own prem environment without thinking about the egress costs, and they can get great capabilities, great features like snapshots writeables, snapshots without overpaying to the public cloud providers. >> So, better economics, greater flexibility, better protection and de-risking of the data overall. >> Absolutely. >> At scale. >> Yes. >> Alright, great. So I want to thank very much, Gregory, Erik being here on The Cube. We'll be right back to get the analyst perspective from Eric Burgener from IDC. >> And one of our challenges of our industry as a whole, is that it operates to four nines as a level of excellence for example. And what that means is well it could be down for 30 seconds a month. I can't think of anything worse than me having me to turn around to my customers and say, "Oh, I am sorry. "We weren't available for 30 seconds." And yet most people that work in our IT industry seem to think that's acceptable, but it's not when it comes to data centers, clouds, and the sort of stuff that we're doing. So, the fundamental aspect is that can we run storage that is always available? >> Welcome back. Now we're sitting here with Eric Burgener, who is a research vice-president and the storage at IDC. Eric, you've listened to Infinidat's portfolio announcement. What do you think? >> Yeah, Peter, thanks for having me on the show. So, I've got a couple of reactions to that. I think that what they've announced is playing into a couple of major trends that we've seen in the enterprise. Number one is, as companies undergo digital transformation, efficiency of the IT operations is really a critical issue. And so, I'm seeing a couple of things in this announcement that will really play into that area. They've got a much larger, much denser platform at this point that will allow a lot more consolidation of workload, and that's sort of an area that Infinidat has focused on in the past to consolidate a lot of different workloads under one platform, so I think the efficiency of those kind of operations will increase going forward with this announcement. Another area that sort of plays into this is every organization needs multiple storage platforms to be able to meet their business requirements. And what we've seen with announcement is their basically providing multiple platforms, but that are all built around the same architecture, so that has management ease of use advantages associated with that, so that's a benefit that will potentially allow CIOs to move to a smaller number of vendors and fewer administrative skill sets, yet still meet their requirements. And I think the other area that's sort of a big issue here, is what their announcing in the hybrid cloud arena. So, clearly, enterprises are operating as hybrid clouds today, well over 70% of all organizations actually have hybrid cloud operations in place. What we've seen with this announcement, is an ability for people to leverage the full storage mnagement data set of an Infinidat platform while they leverage multiple clouds on the back end. And if they need to move between clouds they have an ability to do that with this new feature, the Neutrix cloud. And so that really breaks the lock-in that you see from a lot of cloud operations out there today that in certain cases can really limit the flexibility that a CIO has to meet their business requirements. >> Let me build on that a second. So, really what you're saying is that by not binding the data to the cloud, the business gets greater flexibility in how they're going to use the data, how they're going to apply the data, both from an applications standpoint as well as resource and cost standpoint. >> Yeah, absolutely. I mean moving to the cloud is actually sort of a fluid decision that sometimes you need to move things back. We've actually seen a lot of repatriation going on, people that started in the cloud, and then as things changed they needed to move things back, or maybe they want to move to another cloud operation. They might want to move from Amazon to Google or Microsoft. What we're seeing with Neutrix Cloud is an ability basically to do that. It's breaks that lock-in. >> Great. >> They can still take advantage to those back end platforms. >> Fantastic. Eric Burgener, IDC Research Vice-President, Storage. Back to you, Dave. >> Thanks, Peter. We're back with Brian Cormody. We're going to summarize now. So we're seeing the evolution of Infinidat going from a single product company going to a portfolio company. Brian, I want to ask you to summarize. I want to start with InfiniBox, I'm also going to ask you "Is this the same software, and does it enable new use cases, or is this just bigger, better, faster?" >> Yeah, it's the same software that runs on all of our InfiniBox systems, it has the same feature set, it's completely compatible for replication and everything like that. It's just more capacity to use, 8.4 pedibytes of effective capacity. And the use cases that are pulling this into the field, are deep-learning, analytics, and IOT. >> Alright, let's go into the portfolio. I'm going to ask you, do you have a favorite child, do you have a favorite child in the portfolio. Let's start with InfiniSync. >> Sure, so I love them all equally. InfiniSync is a revolutionary appliance for banking and other highly regulated industries that have a requirement to have zero RPO, but also have protection against rolling disasters and regional disasters. Traditionally the way that that gets solved, you have a data center, say, in lower Manhatten where you do your primary computing, you do synchronous to a data bunker, say in northern New Jersey, and then you asynchronous out of region, say out to California. So, under our model with InfiniSync, it's a 450 pound, ballistically protected data bunker appliance, InfiniSync guarantees that with no data loss, and no reduction in performance, all transactions are guaranteed for delivery to the remote out-of-region site. So what this allows customers to do, is to erase data centers out of their terpology. Northern New Jersey, the bunker goes away, and customers, again in highly rated industries, like banking that have these requirements, they're going to save 10s of millions of dollars a year in cost avoidance by closing down unnecessary data centers. >> Dramatically sort of simplify their infrastructure and operations. Alright, InfiniGuardm I stumbled into it at another event, you guys hadn't announced it yet, and I was like, "Hmmm, what's this?" But tell us about InfiniGuard. >> Yeah, so InfiniGuard is a multi-pedibyte appliance that's 20 pedibytes of data protection in a single rack, in a single system, and it has 10 times the restore performance of data domain, at a fraction of the cost. >> Okay, and then the Neutrix Cloud, this is to me maybe the most interesting of all the announcements. What's your take on that? So, like I said, I love them all equally, but Neutrix Cloud for sure is the most disruptive of all the technologies that we're announcing this week. The idea of Neutrix Cloud is that it is neutral storage for consumption in the public cloud. So think about it like this. Do you think it's weird, that EBS and EFS are only compatible with Amazon coputing? And Google Cloud storage is only compatible with Google. Think about it for a second if IBM only worked with IBM servers. That's bringing us back to the 1950s and 60s. Or if EMC storage was only compatible with Dell servers, customers would never accept that, but in the Silicon Valley aligargic, wall-garden model, they can't help themselves. They just have to get your data. "And just give us your data, it'll be great. "We'll send a snowball or a truck to go pick it up." Because they know once they have your data, they have you locked in. They cannot help themselves from creating this wall-garden proprietary model. Well, like we call it a walled, prison yard. So the idea is with Neutrix Cloud, rather than your storage being weaponized as a customer to lock you in, what if they didn't get your data and what if instead you stored your data with a trusted, neutral, third party, that practices data neutrality. Because we guarantee contractually to every customer, that we will never take money and we will never shake down any of the cloud providers in order to access our Neutrix Cloud network, and we will never do side deals and partnerships with any of them to favor one cloud over the other. So the end result, you end up having for example, a couple of pedibytes of file systems, where you can have thousands of guests that have that file system mounted simultaneously from your V-Net and Azure, from your VPCs into AWS, and they all have simultaneous, screaming high performance access to one common set of your data. So by pulling and ripping your data from the arms of those public cloud providers, and instead only giving them shared common neutral access, we can now get them to start competing against each other for business. So rather than your storage being weaponized you, it's a tool that you can use to force the cloud providers to compete against each other for your business. >> So, I'm sure you guys may have a lot of questions there, hop into the crowd chat, it's crowdchat.net/infinichat. Ask me anything, ama crowdchat, Brian will be in there in a moment. I got to ask ya couple of more questions before I let you go. >> Sure. >> What was your motivation for this portfolio explansion. >> So the motivation was that at the end of the day, customers are very clear to us that they do not want to focus on their infrastructure. They want to focus on their businesses. And as their infrastructure scales, it becomes exponentially more complex to deal with issues of reliability, economics and performance. And, so we realized that if we're going to fulfill our company's mission, that we have to expand our mission, and help customers solves problems throughout more of the data lifecycle and focus on some of the pain points that extend beyond primary storage. That we have to start bringing solutions to market that help customers get to the cloud faster, and when they get there, to be more agile. And to focus on data protection, which again is a huge pain point. So the motivation at the end of the day is about helping customers do more with less. >> And the mission again, can you just summarize that, multi pedibyte? >> Yeah, the corporate mission of Infinidat is to store humanity's knowledge and to make new forms of computing possible. >> Big mission. >> Our humble mission. >> Humble, right. The reason I ask that question of your motivation, people might say, "Oh obviously, to make more money." But they're been a lot of single-product companies, feature companies that have done quite well, so in order to fulfill that mission, you really need a portfolio. What should we be watching as barometers of success? How are you guys measuring yourselves, How should we be measuring you? >> Oh I think the most fair way to do that is to measure us on successful execution of that mission, and at the end of the day, it's about helping customers compute harder and deeper on larger data sets, and to do so at lower costs than the competitor down the road, because at the end of the day, that's the only source of competitive advantage, that companies get out of their infrastructure. The better we help customers do that, the more that we consider ourselves succeeding in our mission. >> Alright, Brian, thank you, no kids but new products are kind of like giving birth. >> It's really cool. >> So hop into the crowd chat, it's an ask me anything questions. Brian will be in there, we got analysts in there, a bunch of experts as well. Brian, thanks very much. It was awesome having you on. >> Thanks, Dave. >> Thanks for watching everybody. We'll see you in the crowd chat. (upbeat digital music)

>> Narrator: From the SiliconANGLE Media office in Boston, Massachusetts, it's the CUBE. Now, here's your host, Dave Vellante. (electronic pop music) >> Thanks, Peter. We're back with Brian Carmody. We're going to summarize now. So we're seeing the evolution of Infinidat going from a single-product company to a portfolio company. Brian, I'm going to ask you to summarize. I want to start with InfiniBox. I'm also going to ask you, is this the same software, and does it enable new use cases, or is it just bigger, better, faster? >> It's the same software that runs on all of our InfiniBox systems. It has the same feature set, it's completely compatible for replication and everything like that. It's just more capacity. It's 8.4 petabytes of effective capacity. The use cases that are pulling this into the field are deep learning, analytics, and IOT. >> All right, let's go into the portfolio. I'm going to ask you, it's like, "Do you have a favorite child? Do you have a favorite child in the portfolio?" Let's start with InfiniSync. >> Sure. I love them all equally. InfiniSync is a revolutionary appliance for banking and other highly-regulated industries that have a requirement to have 0 RPO but also have protection against rolling disasters and regional disasters. Traditionally, the way that that gets solved is you have a data center, say, in lower Manhattan where you do your primary computing. You do synchronous to a data bunker, say, in northern New Jersey, and then you do asynchronous out of region, say, out to California. Under our model with InfiniSync, it's a 450-pound ballistically-protected data bunker appliance. InfiniSync guarantees that with no data loss and no reduction in performance, all transactions are guaranteed for delivery to the remote, out-of-region site. What this allows customers to do is to erase data centers out of their topology. Northern New Jersey, the bunker goes away. Again, highly-regulated industries like banking that have these requirements, they're going to save tens of millions of dollars a year in cost avoidance by closing down unnecessary data centers. >> And dramatically simplify their infrastructure and operations. >> Absolutely. >> InfiniGuard, I stumbled into it at another event. You guys hadn't announced it yet. I was like, "Hmm, what's this?" Tell us about InfiniGuard. >> InfiniGuard is a multi-petabyte appliance that fits 20 petabytes of data protection in a single rack, in a single system, and it has 10 times the restore performance of data domain at a fraction of the cost. >> Okay, and then the Nutrix cloud ... This is, to me, maybe the most interesting of all the announcements. What's your take on that? >> Like I said, I love them all equally, but Nutrix cloud for sure is the most disruptive of all the technologies that we're announcing this week. The idea of Nutrix cloud is that it is neutral storage for consumption in the public cloud. So think about it like this. Don't you think it's weird that EBS and EFS are only compatible with Amazon computing and Google cloud storage is only compatible with Google? Think about it for a second. If IBM storage only worked with IBM servers, that's bringing us back to the 1950s and '60s. Or if EMC storage was only compatible with Dell servers, customers would never accept that. But in the Silicon Valley oligarchic, walled-garden model, they can't help themselves. They just have to get your data. "Just give us your data. It'll be great. We'll send a snowball or a truck to go pick it up." Because they know once they have your data, they have you locked in. They cannot help themselves from creating this walled-garden proprietary model, or like we call it, a walled prison yard. So the idea is, with Nutrix cloud, rather than your storage being weaponized against you as a customer to lock you in, what if they didn't get your data? What if instead, you stored your data with a trusted, neutral third party that practices data neutrality? Because we guarantee contractually to every customer that we will never take money, and we will never shake down any of the cloud providers in order to get access to our Nutrix cloud network, and we will never do side deals and partnerships with any of them to favor one cloud over the other. So the end result is that you end up having, for example, a couple of petabyte-scale file systems where you can have thousands of guests that have that file system mounted simultaneously from your VNet in Azure, from your VPC's in AWS, and they all have simultaneous screaming high-performance access to one common set of your data. So by pulling and ripping your data out of the arms of those public cloud providers and instead, only giving them shared, common, neutral access, we can now get them to start competing against each other for business. Rather than your storage being weaponized against you, it's a tool which you can use to force the cloud providers to compete against each other for your business. >> I'm sure you guys may have a lot of questions there. Hop into the CrowdChat. It's crowdchat.net/infinichat. Ask Me Anything, AMA CrowdChat. Brian will be in there in a moment. I got to ask a couple of questions before I let you go. >> Brian: Sure. >> What was your motivation for this portfolio expansion? >> The motivation was that at the end of the day, customers are very clear to us that they do not want to focus on their infrastructure. They want to focus on their businesses. As their infrastructure scales, it becomes exponentially more complex. They deal with issues of reliability, and economics, and performance. We realized that if we're going to fulfill our company's mission, that we have to expand our mission and help customers solve problems throughout more of the data lifecycle, and focus on some of the pain points that extend beyond primary storage. We have to start bringing solutions to market that help customers get to the cloud faster, and when they get there, to be more agile, and to focus on data protection, which, again, is a huge pain point. The motivation at the end of the day is about helping customers do more with less. >> And the mission again, can you just summarize that? Multi-petabyte, and ... ? >> The corporate mission of Infinidat is to store humanity's knowledge and to make new forms of computing possible. >> Big mission. (laughs) Okay, fantastic. >> Our humble mission, yes. >> Humble, right. The reason I asked that question of your motivation, people always say, "Oh, obviously to make more money." But there have been a lot of single-product companies or feature companies that have done quite well. In order to fulfill that mission, you really need a portfolio. What should we be watching as barometers of success? How are you guys measuring yourselves? How should we be measuring you? >> I think the most fair way to do that is to measure us on successful execution of that mission. At the end of the day, it's about helping customers compute harder and deeper on larger data sets, and to do so at lower cost than the competitor down the road. Because at the end of the day, that's the only source of competitive advantage that companies get out of their infrastructure. The better we help customers do that, the more we consider ourselves succeeding in our mission. >> All right, Brian, thank you. No kids, but new products are kind of like giving birth. Best I can say. >> I have dogs. They're like dogs. >> So hop into the CrowdChat. It's an Ask Me Anything questions. Brian will be in there, we've got analysts in there, a bunch of experts as well. Brian, thanks very much. It was awesome having you on. >> Thanks, Dave. >> Thanks for watching, everybody. See you in the CrowdChat. (electronic pop music)