MOUNTAIN VIEW, Calif. – November 21, 2017 – According to research conducted by Tintri, Inc. (NASDAQ: TNTR) at IPExpo in London in October 2017, nearly a quarter (24%) of storage capacity planning decisions are made by IT leaders on the basis of a ‘best guess’ or no planning at all. In addition, three quarters of the respondents in the study operate with up to 20% of their storage capacity unused, keeping it in place as a buffer to maintain predictable performance.
When planning storage capacity needs, 42% of the respondents rely on previous experience, but only 12% run a simulation project to help accurately guide decisions. Just under 10% of the respondents carry out no planning at all for future needs, and only one fifth (22%) rely on input from technology vendors or partners.
The research also revealed that accurate storage capacity planning is a challenge for most buyers, with 70% of the respondents reporting that they have underestimated (43%) or overestimated (27%) their needs. In addition, 77% of the respondents reported that up to a fifth of their storage capacity is unused, except as acting as a buffer to maintain performance. At the extremes, 37% revealed that more than a fifth of their storage capacity is unused, with only 10% able to report that they operate with 5% unused storage capacity or less.
“While previous experience and knowledge are valuable methods to help predict future storage needs, many environments are becoming too complex to rely on that approach anymore,” commented Scott Buchanan, Chief Marketing Officer at Tintri. “Guesswork leads to performance issues or overprovisioning—and with the analytics tools available today, it’s simply unnecessary.”
“Our customers understand the importance of precise planning. It saves them anguish and it saves them money. And in our experience, the most accurate planning is only possible when you’re working with granular analytics,” said John N. Brescia, CTO at Virtix IT. “That’s part of Tintri’s value—its analytics are based on the actual behavior of each individual virtual machine. By using up to three years of historical data to forecast future resource needs, Tintri helps our customers reduce guessing.”
Tintri (NASDAQ: TNTR) offers an enterprise cloud infrastructure built on a public-cloud like web services architecture and RESTful APIs. Organizations use Tintri all-flash storage with scale-out and automation as a foundation for their own clouds—to build agile development environments for cloud native applications and to run mission critical enterprise applications. Tintri enables users to guarantee the performance of their applications, automate common IT tasks to reduce operating expenses, troubleshoot across their infrastructure, and predict an organization’s needs to scale—the underpinnings of a modern data center. That’s why leading cloud service providers and enterprises, including Comcast, Chevron, NASA, Toyota, United Healthcare and 20% of the Fortune 100, trust Tintri with enterprise cloud.
Forward Looking Statements
This press release includes forward-looking statements concerning the expected performance of our products. These forward-looking statements are not historical facts, and instead are based on our current expectations, estimates, opinions, and beliefs. The accuracy of such forward-looking statements depends upon future events, and involves risks, uncertainties and other factors beyond our control that may cause these statements to be inaccurate and cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by such statements, including risks detailed in our Registration Statement on Form S-1 and our latest Quarterly Report on Form 10-Q that have been filed with the U.S. Securities and Exchange Commission. These forward-looking statements speak only as of the date of this press release and, except as required by law, we assume no obligation to update forward-looking statements to reflect actual results or subsequent events or circumstances.
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