Horse Sense!
"'growth at all costs' is not tenable" - This guy seems to have a clue. Companies exist to make money for the owners by providing a service/product that others value. He must not have an MBA because he seems to make sense.
Hyper-converged software supplier Atlantis has cut its staff numbers. This follows on from Panasas and Tegile trimming their head counts last week. Atlantis supplies software that started out using DRAM caching to accelerate virtual desktop instances in its ILIO product. This code evolved into its USX form to accelerate any …
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“We had hired 60 new people in the past few months. These changes are in the normal course of running our business which is well on its way to achieving profitability."
And those 60 are thinking what now? Naively carried on recruiting even though the numbers aren't there.
3 years at least away from making a profit, FY extended a month to try and produce respectable numbers, hit expectations?, Hyperscale needs help on every deal, not scaleable, Nutanix laughing all the way to IPO. lay offs in 2014, lay offs now, pattern developing?
Wow, nice spin that CEO is trying to pull.
Dude, if everything was ok and business as usual, you wouldn't be firing 10% of your workforce. Period.
Not profitable after 10 years? Holy shit.
And then going into the price fights?
Prediction: you won't be making any profit in the future either. Time to let the city sink as it's supposed to.
"While our competitors focus on us, We are focusing on our customers". This makes sense, FUD and BS responses on articles like this doesn't make sense and makes clear to me some people within Nutanix doesn't t have the right mindset to represent the organization and their culture. As a partner I have witnessed the culture or Nutanix my self, I am not impressed about it - arrogant - so work to do here.
What makes you so sure these comments are just from Nutanix people? Could be anybody in the storage/SDS space. Atlantis made a lot of enemies with their price drops, even VMware doesnt like them that much since they keep pushing XenServer support.
I think the culture of Atlantis is really messed up if that picture of the cat thing is true. If a CEO pulled that stunt on me, I'd be his eternal enemy and my sole mission in life would be to make him suffer.
Luckily I'm not in vendor land. Sounds like a fun place to be though.
Not sustainable business, with many regions now gone it becomes a California and UK business only. very sad as they had some cool tech that will send off selling cheap, 10 years and no profit, how much longer can it survive?
Very competitive market and these guys seem way too chameleon in changing strategy to suit the wind change.
If you are looking for HCI you have to play safe and bet on Nutanix, unless Dell or HP save this before they sink.