Coraid: “Buy a Petabyte, Get a Petabyte”

Coraid Inc., developer of Ethernet SAN solutions with more than 1,200 customers, unveiled its Buy a Petabyte, Get a Petabyte program at VMworld 2010.  

Through Dec. 15th, 2010, Coraid will offer customers two petabytes of high-performance Coraid EtherDrive storage arrays for under $1 million, enabling more than 80 percent savings on enterprise storage for government and enterprise organizations with large data needs. The U.S. Department of Defense, as the first customer to take advantage of this program, saved approximately $10 million over alternative storage solutions while expanding performance and capacity for a VMware private cloud initiative.
 
"Storage costs have become one of the top roadblocks for virtualization adoption worldwide," said Kevin Brown, CEO of Coraid. "Coraid’s mission is to redefine storage economics – just as x86 chipsets and virtualization transformed the economics of the server market. We’re very proud to help the U.S. Department of Defense increase their mission capabilities while saving taxpayer dollars."
 
According to an independent validation study by ESG Lab, Coraid EtherDrive solutions deliver higher performance than Fibre Channel storage at approximately 20 percent the cost, and can be configured in under two minutes from power on. By eliminating layers of network complexity and enabling a flexible scale-out Ethernet SAN topology, Coraid allows enterprise storage to be deployed and used as a utility.
 
"Coraid’s ‘Buy a Petabyte, Get a Petabyte‘ program delivers a bold challenge to the storage industry’s status quo," said George Crump, chief analyst at Storage Switzerland. "Ethernet SAN represents an increasingly compelling platform for large-scale virtualization and cloud projects, and two petabytes of enterprise-class SAN storage for under $1 million is definitely going to get some attention."