Part of big data is exploding data inside of the enterprises. Ed Walsh draws our attention to a specific problem domain: Copy Data Management.
Sramana Mitra: Let’s start with introducing yourself as well as Catalogic Software so that our audience has a little bit of context about this conversation.
Ed Walsh: I’m the CEO of Catalogic Software. This is my fourth VC-backed CEO engagement. To provide a little history, I was the CEO of a company called Avamar. It’s now a $800 million business inside EMC. The next one was Virtual Iron Software. It was a late stage venture-backed startup providing server virtualization software. The last one is Storwize, which was acquired by IBM. I started my current business about six months ago. It’s a spin-out and its technology is by a company called Catalogic Software. We focused on the overall challenge of copy data management. That might be a new word. It is basically the challenge of enterprise storage infrastructure with data growing 35% year to year. It’s hard to keep up with.
Underneath this, the copies of the primary data have been growing exponentially. As a result, the enterprises have two big challenges. One is, they can’t keep up with their private cloud economics. Two is, even when they try to use hybrid cloud, they’re not able to use and leverage as much as they need. Copy Data Management became an entry buzzword in the last 18 months or so to leverage this.
There was a study that identified copy data management as a $44 billion problem. It’s consuming 60% of the disk capacity and 65% of the storage spend on just copies of your primary data—analytics, resiliency, backup recovery. You need to get a handle on that overall challenge. We have a copy data management platform. It’s software only. We help clients with their existing storage. They bought their existing storage for good reasons and we add our software on top, which is very easy. It’s very simple to run. It’s to manage, orchestrate, and analyze all that copy data across your environment and drive data leverage. We take your storage, add our software, and you’re able to do four unique use cases that allow organizations to get the economics in the private cloud and be prepared for what people do in the public or hybrid cloud. How do you leverage people’s copies of their primary data? These are application-consistent snapshots, which look exactly like your environment. This is all based on our software on the underlying storage that people already own.