The startup, which was spun out from financial services ASP Zantaz in February 2002, says that its box automatically recognizes, reads, and interoperates with any application used to create digital content, and is compatible with a wide range of applications through such standards as SOAP, SMTP, IMAP4, and HTTP. In addition, the appliance can manage both structured and nonstructured content and offers "self-healing" features, built-in mirroring, and fault tolerance, the company says.
The technology, according to OBrian, supports more than 500 simultaneous queries, and allows users to retrieve their documents in less than 3 seconds.
"They offer excellent search capabilities," Radicati says. "Its important to be able to find the data once youve stored it."
The 40-person company received an $11 million funding round in February 2002 from ComVentures, ArrowPath Venture Capital, Red Rock Ventures, and Athena Technology Ventures. "Were still working off that [funding]," OBrian says, but adds, "Were always working on another round." As for when it will reach the break-even point, the company says it has set its sights on the first quarter of 2005.
Persist's AppStor appliance starts at $45,000 per terabyte, with quantity discounts available.
To realize the benefits of cloud-native software, an application must actually be cloud-native—designed to run in the cloud, interacting with disaggregated cloud services, fully manageable as code—to deliver the expected benefits.
By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
