Komprise July Update: Product, People and News
Ah yes, it is summertime. Between the baseball games, backyard barbecues and boating, there’s plenty of back-office deal-making going on. Here’s what we know and also what’s going on at Komprise lately.
Big Enterprise tech deals of 2022…so far.
ComputerWorld reports on top tech company acquisitions so far this year. Hugely controversial and not yet approved by shareholders, Elon Musk’s $44 billion bid for Twitter is one of the largest. Microsoft’s massive cash deal of $68.7 billion for Activision Blizzard, a gaming content provider, is one that investors will be watching with a close eye. Other notables include Google’s purchase of cybersecurity provider Mandiant for $5.4 billion, Intel’s bid for Tower Semiconductor for the same price and Kaseya’s $6.2B snap up of security company Datto.
Slower market for storage tech deals.
Storage Newsletter covered the activity so far in 2022 for storage industry acquisitions, which it noted was cooler than previous years. The industry publication reported 19 acquisitions in the first 6 months of 2022, compared to 15 for the same period in 2021, 20 in 2020 and 24 in 2019. The record of 52 acquisitions was set in 2006. This year’s deal highlight was the jaw-dropping $61 billion paid by Broadcom to acquire VMware from Dell—which also makes it one of the tech industry’s biggest deals overall.
Public cloud landscape: the majors and the minors.
In related news, here’s the latest lineup of top public cloud storage providers globally with their respective market share, as reported in Dgtl Infra. The list also details leading small cloud service providers — by no means small companies — which include Baidu AI Cloud, Softbank, Fujitsu, Salesforce, SAP, Rackspace, HPE and VMWare among others.
Tech industry hiring gets unpredictable.
There’s been some volatility in the usually-resilient tech labor market. As reported on CNBC: “Companies including Uber, Meta, and Microsoft have announced that they’re slowing down hiring as inflation rages and talk of a recession intensifies. Redfin, Netflix and Klarna are among the companies that have announced layoffs. And in a complete reversal of the white-hot labor market of the past year, Twitter, Redfin, and Coinbase are rescinding job offers they’ve made, citing the turmoil in the economy.” Yet the unemployment rate for tech occupations is 1.3%, its lowest level since June 2019 and about one-third of the current national unemployment rate (3.6%), according to CompTIA. Keeping all this in perspective, it’s safe to say that the tech industry will remain one of the hottest sectors for recruiting top talent.
Komprise In the News
New Gartner Hype Cycle Includes Komprise
Gartner includes Komprise in the Management Software-Defined Storage section of the new Gartner Hype Cycle for Storage and Data Protection Technologies 2022. (registration required)
2022 SaaS Awards
Komprise was shortlisted in the 2022 SaaS Awards program for the category: Best Data-Driven SaaS Product. Now in its seventh year of celebrating software innovation, the Software Awards program accepts entries worldwide, including the US, Canada, Australasia, EMEA and UK. The organization will announce finalists and winners later this summer.
eWeek Interview with Komprise COO
eWeek Editor-in-chief, James McGuire, interviewed Komprise COO, Krishna Subramanian, on unstructured data management trends. You can listen to the podcast or watch the video interview!
Unstructured Data Management Maturity
devmio: Krishna shares a new model for Unstructured Data Management Maturity with 5 stages to plan for as organizations move from a storage-centric to a data-centric practice that focuses on right-placing data and attaining long-term value.
Smart Data Migration Webinar Series
Finally…in June we got busy talking to experts about smart cloud data migrations. Click directly below to access the on-demand webinars: