A sign of health in the storage business

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Panasas’ corner, anyway. The storage business has been as damaged as the server business by the downturn, but Panasas reports today that they’re doing alright

Panasas, Inc., the leading provider of high-performance storage for the world’s most data-intensive applications, today announced that the company increased sales by 48 percent in the first half of 2009, ending June 30th, as compared to the same period in 2008. This compare to an overall decline in the storage industry noted by industry research firm IDC, whose recent report indicated a year-over-year decrease of 18.2 percent in worldwide sales for storage vendors in the first quarter of 2009. Panasas attributes its accelerated growth to a series of new product introductions and enhancements as well as broader customer and channel adoption.

Note that Panasas is a private company, so we don’t have the kinds of independently audited data you get with a (US-based) public company. We’re seeing a lot more partnerships at all levels of the ecosystem these days, and Panasas calls thems out by name as a part of their success

Over half of Panasas sales in the most recent quarter were transacted via the company’s growing reseller partnerships, including both Dell and SGI globally, and regional partnerships that include CSC, Penguin Computing, Verari, Appro, CTCSP, SSTC, ModernTech, BVS, E4, SouthPole, PanAmerica Computers, VX technologies, and ClusterVision. Panasas also added several new resellers this quarter including JRT, Advanced Technology Group, and Aspen Systems.


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