The storage router we provide takes care of this in a way that it virtualizes the namespace, so that from the client it looks like the data sits where you left it.īeneath it is a migration engine that moves the data to where it needs to go. It takes a lot of costly hours to move all these terrabytes of data and a lot of downtime as well. After talking to some customers we realized this is one of the most painful and costly processes. Sooner or later your NAS device will fill up. That is a large problem we think no one has adressed yet. The third and maybe most prominent proposition is data migration. We looked at deduplication and compression to leverage the existing storage capacity. The second opportunity is to look at extending the life of the NAS you have, beyond accelerating the performance. The first opportunity we saw in the market is that NAS vendors have gone in the direction of inclusing SSDs to make the NAS go faster, but many SMB customers might not be in the position to make the capital investment required. The third thing that got us really excited is that the technology is so much more simple than block attached storage. We decided we wanted to look into the NAS market because first of all it has a large penetration and second it still has problems that are of interest. That whole process took about three weeks, after which we started designing and building the storage router. From there we developed our thoughts into concrete plans for the storage router. The idea to focus specifically on SMB customers came into existing after we did our competitor analysis and we came up with this being the sweet spot. When we launched Parsec we looked at the storage market and realized that there was an opportunity to go into the NAS market and drive some innovation there. How did the positioning of your product come about? I interviewed Walter Angerer to find out about the company and how they position the product. Walter’s background in storage comes from his time at Symantec and Quest. Parsec Labs aim to launch their Alpha product by January 2014 and have their product commercially available at the end of Q1 2014. The company was founded in april 2013, funded by Toba Capital. Parsec Labs pricing policy is based on a monthly fee that covers the storage router plus support on the hardware and software. Secondly, they add a migration engine that is able to migrate data live and they provide their customers with a cloud backend to allow them to migrate data off-premise. The storage router accelerates performance with its SSD layer and adds de-duplication and compression technology to leverage your existing NAS storage capacity. Parsec Labs targets the SMB market with a Storage router that sits between your NAS systems and your clients. For an SMB customer, migrating to a larger and faster NAS represents a large capital investment and migrating data from the old to the new NAS is a painful process. Innovation in the NAS market has focused on performance acceleration through usage of SSD technology. What developments in the market did they see that inspired them to build their company? How will the market develop from here? These questions are on most of our minds, and I am keen on asking leaders in the industry for their views. Parsec Labs, interview with Walter AngererĪs a part of a larger series, I am interviewing CEOs that lead companies in the field of Storage, Virtualization and Networking.
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