Chris,
One interesting thing said in that article (we discussed it a few days ago on NPI as it linked to a much more detailed technical article on the subject - that gives the much longer details as to how and why PSTG does what it does where the other vendors could not) is that one of the analysts says that in 2-3 years he expects FlashBlade to be the leading revenue producer for PSTG.
I am not sure of the details of how this analyst is making this claim. But since sales are currently $80 million, that implies geometric growth over the next 2-3 years to get to $1 billion or beyond, as that is what FlashArray is doing in sales presently.
I am not sure if we should take this particular analysts opinion seriously, or if it was just a slip and he meant eventually or in 3 to 5 years or something.
If FlashBlade takes off like this analyst is predicting, PSTG share price is going to go through the roof.
In the end, Nvidia is doing most of the heavy work in the partnership. It is amazing the depth of NVDA’s expertise and how they maximize throughput and AI processing. FlashBlade was able to get all the NVDA GPUs up to 95% capacity by making software tweaks and the native hardware capability of FlashBlade. No other competitor came close.
There comes a time when what looks like a competitive field actually is not. With PSTG it is starting to look like FlashBlade is really a product with no real comparables from competitors.
Talend may have a similar offering with its ability in the cloud and combining this with one piece of software to combine cloud and on-premise that it seems no other serious competitor offers. So yet another place where this time, Talend, may not have any real competition in a field that otherwise looks like it is full of competitors.
Under the radar functional monopolies, at least in specific, material, product segments.
Would love to know if his analyst was misquoted, crazy, or if he has a real basis for the implication in his quote that FlashBlade will do a billion + in business in 2 to 3 years.
Tinker