Auspex also has plenty to do on the financial side to regain market share, but things are picking up. For its year ended June 30, 2001, it reported a net loss of $49.4 million, or $1.18 per share, on revenues of $51.8 million, down 36.9 percent from the previous year.
However, the company ended this quarter on a positive note, albeit a very small one. Its net loss for the fourth quarter was $14 million, or $0.31 a share, compared with a net loss of $14.1 million, or $0.31 per share in the prior quarter, an improvement of just 1 percent.
Its also beefing up its sales and distribution channels in Asia and North America through partnerships with Insight Enterprises Inc. and Bell Microproducts.
IDC predicts that the NAS market will more than double in size from $3.09 billion this year to $6.57 billion in 2003, so Auspex has plenty to aim for.
Movers and shakers from more than 100 companies including Network Appliance and EMC will be speaking at StorageNet, Byte and Switchs annual conference, being held in New York City, October 2-5, 2001. Check it out at StorageNet2001
Bob Friday, Chief AI Officer for Juniper Networks, explains how the advanced technology is transforming operations.
Contact center leaders from 8x8, Awaken Intelligence, and 360insight discuss the importance of agent experience.
AI may force enterprises to rewire parts of their data centers so they are fully optimized to run such workloads. The question is do you use Ethernet or InfiniBand?
