Company to introduce industry's first microservices-based container-native storage platform leveraging proven IP to deliver Instant application mobility and rich data management capabilities
SHANGHAI and TEL AVIV, Israel, June 18, 2019 /PRNewswire/ -- Reduxio announced the start of customer evaluations of their container-native cloud storage and data management platform with its breakthrough microservices architecture that provides enterprises deploying stateful container applications never-before-available capability and flexibility for Kubernetes-based private, hybrid, and multi-cloud infrastructure.
To meet the growing demand for robust cloud-native enterprise cloud solutions, Reduxio's Magellan Cloud Data Platform will be generally available in the fall of 2019. Magellan combines new patent-pending IP for data mobility with proven data management capabilities in a microservices-based platform. Magellan will help organizations overcome limitations in data and application portability and mobility to get more from multi-cloud strategies while accelerating application modernization and digital transformation. Reduxio is supported by leading investors including Intel Capital, JVP and C5 Capital.
"Cloud storage will be a $97 billion market[i] worldwide in just three years, driven in large part by the shift to cloud-native applications, but deployments are still far too burdened by the technologies of the past," said Ori Bendori, CEO of Reduxio. "Reduxio is delivering the next generation of storage today, combining container-native storage with instant data and application mobility that allows instant access and movement whether on-prem, in the cloud, or across clouds. The Reduxio Magellan platform helps simplify the data center of the future, driving down costs and eliminating lock-in."
The continuing adoption of multi-cloud IT strategies is being accelerated by the deployment of containers. Cloud-native applications like Cassandra and MongoDB, data processing applications like Apache Hadoop and Spark, continuous deployment/continuous integration (CI/CD) methodologies and the shift to GPU computing for AI/ML workloads are further driving growth of the container-native storage market. Today, however, many of these containerized applications are being run on storage systems originally created for on-premise workloads and retrofitted to support containers and clouds, resulting in a siloed and inflexible infrastructure.
"With organizations adopting container and cloud technologies for their workloads, there's tremendous room for growth for cloud-native platform technologies," said Intel Capital Managing Director Yair Shoham. "Reduxio is addressing the explosion in data storage and processing systems required to analyze, store and share large amounts of data with its microservices-based cloud data platform, at a time when IT teams are seeking the utmost in efficiency and performance."
Reduxio is working with select customers and partners as part of its early-access evaluation program, engaging organizations that are looking to use Kubernetes and stateful containers in production. Reduxio is also partnering with select Cloud Service Providers to improve the efficiency and economics of their infrastructure and enable them to expand their service offerings.
"Containers and Kubernetes represent the next transition in infrastructure technology, and as a cloud technology leader Netease aims to expand the use of both containers and Kubernetes to be more competitive,", said Mr. Chen E (陈谔), Deputy GM (副总经理) of NetEase Cloud's Basic Services business (网易云基础服务) from Netease. "Netease is part of the Magellan evaluation program and has observed instant data mobility firsthand. We are excited about how this capability can advance the benefits of multi-cloud environments and look forward to the production release of Magellan later this year."
As part of its strategy to enable the cloud-native ecosystem, Reduxio has joined the Linux Foundation and Cloud Native Computing Foundation. "Cloud Native Storage is an evolving and innovative space and is essential to the successful deployment of stateful applications on containers," said Dan Kohn, Executive Director of CNCF. "We are thrilled Reduxio has joined the Foundation and we look forward to their contributions."
With its unique capabilities to accelerate data access for GPUs in AI/ML workloads, Reduxio also has joined the NVIDIA Inception program, a virtual accelerator program designed to nurture startups revolutionizing industries with advancements in AI and data sciences. Inception members get a custom set of ongoing benefits, from hardware grants and marketing support to training with deep learning experts.
Reduxio will showcase its cloud data platform at KubeCon-Shanghai 2019, between June 24-26, in booth SE6.
For more information on Reduxio and Magellan, visit www.reduxio.com.
About Reduxio:
Since 2012 Reduxio has redefined data management and data protection, and the company has evolved its mission to deliver the first microservices-based container-native storage and data platform for stateful applications. Reduxio's cloud data platform for Kubernetes pairs high performance software-defined container-native storage and data management with data mobility to enable customers to build a single data cloud for their applications across all their infrastructure, anywhere. Reduxio is backed by Intel Capital, C5 Capital Cloud Partners and Jerusalem Venture Partners (JVP).
[1] Allied Market Research, Global Cloud Storage Market: Opportunities and Forecast," https://www.alliedmarketresearch.com/cloud-storage-market.
