"Karl has resigned and the company is running on fumes," says another source close to the company, who requested anonymity. "The bridge loan only lasts through February, and no one is buying the product. The sales team was given objectives by potential investors; those objectives have not been met."
Zambeel has already gone through one round of layoffs: In August 2002, the company cut 25 percent of its staff, leaving it with about 90 employees (see 30 Zambeelians Get Pink Slips).
Schubert came to Zambeel from Dell Computer Corp. (Nasdaq: DELL), where he served most recently as CTO. While at Dell, he defined technology and product directions for its enterprise servers and storage systems. Prior to Dell, Schubert spent 14 years at IBM Corp. (NYSE: IBM) in various technical roles.
Since it launched its distributed NAS system last summer, Zambeel has landed two paying customers: the National Energy Research Scientific Computing Center (NERSC) at Lawrence Berkeley National Laboratories and the University of Wisconsin-Madison. However, according to our sources, those customers paid less than half what the hardware cost (see Zambeel Slams Windows Shut and Research Lab Picks Zambeel
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.
