The Fusion-io IPO today is the second most exciting thing to happen in storage this week. The first of course was the Hyper ISE Launch! Having said that, we see the Fusion-io IPO as an important validation for the need for speed. The market rewarded Fusion-io with a healthy surge with a near $2B market cap. The Wall St Journal did point out the good and the bad — one point is Fusion-io gets 91% of their revenue from just 10 customers. And analyst Steve Duplessie isn’t a big fan.
One customer that selected Hyper ISE over Fusion-io told us that we gave him the high performance they required AND the capacity he needed for his application. Additionally, their high performance application was also mission-critical and our reliability and high availability was requisite. On top of that he didn’t want a point solution but something that he could use for multiple applications. When you added it all up it was a no-brainer for this customer.