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Founded in 1999 by Garth Gibson, Panasas is a venture-backed company based in Silicon Valley that revolutionizes high-performance computing (HPC) storage with its unique combination of a parallel file system and advanced storage hardware. Known for its leadership in parallel storage, Panasas has achieved significant revenue growth, even as other storage vendors faced decline. Its recent innovations, including a reengineered product release, and strategic partnerships with industry leaders highlight its commitment to enhancing HPC solutions. Panasas serves a diverse array of high-profile clients across various sectors.
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Panasas Success Overview • Private, venture-backed company based in Silicon Valley, founded in 1999 by CTO Garth Gibson – a Professor at CMU and Co-inventor of RAID • Panasas technology combines a parallel file system with a storage hardware architecture for the market’s first HPC storage appliance • Panasas has an established HPC industry leadership role in parallel storage • Storage system for Roadrunner top of top 500; Gibson lead PI of SciDAC PDSI • Panasas one of “Top 5 Vendors to Watch in 2009” at SC08 among 5 awards • Revenue growth of 48% for 1H09 vs. 1H08, rest of storage industry in decline • Unique strategy and products begin with the customer’s HPC objectives • Panasas has made critical investments in ISVs and research application software • Panasas customers are leaders in industry and research:
Panasas Recent Developments • Apr 09: Reengineered product release of Series 7/8/9 including SSD • Jun 09: ActiveScale 3.4 40% improved single client ; IBM Power6; 4 TB blades • Gartner Aug 09 pNFS update: Storage vendors EMC, NetApp, and Panasas first • Reseller relationships strengthening with Dell, Penguin, SGI, and BULL • under development PNNL 1st customer • Added 20+ new customers 1H09, including several high-profile organizations: INDUSTRY RESEARCH Force India Formula 1 (UK) GE Global Research (India) Pratt & Whitney Canada Procter & Gamble Canon (Japan) Clemson Univ CCMS – CAE Research Queensland Dept Nat Resources & Water Georgia Tech -- Systems Biology Research Oklahoma Univ OSCER – Severe Storm Ctr Pacific Northwest NL – Fuel Cell Research