• Cassandra is moving to the cloud
    • 50 percent will move to cloud – this is split evenly across different cloud deployment options
    • 24 percent will go to hybrid cloud, 24 percent will use multi-cloud, and 24 percent will use a Cassandra-as-a-Service
    • 37 percent will run their environments in private datacenter environments
  • Cassandra users are predominantly running their own environments
    • 94 percent run their own self-managed deployments
    • 14 percent use service providers to manage Cassandra for them
    • Self-managed deployments include more complex deployments, both multi-cloud (20 percent) and hybrid cloud (16 percent)
  • 84 percent of community members are planning a migration
    • 23 percent will move in the next 6 months
    • 48 percent will move in 6-12 months
    • 13 percent will move, but in more than a year
    • 16 percent do not plan to migrate to new versions
  • The Cassandra community is shifting from experimentation to production around AI
    • More than 50 percent of respondents have one or more GenAI use cases in production
    • 28 percent of users have two use cases in production
    • 17 percent of users have three or more use cases in production
    • Q3 2024 revenues for cloud storage provider Backblaze were up 29 percent to $32.6 million with a GAAP loss of $12.8 million, better than the year-ago $16.1 million loss. The B2 Cloud storage segment grew 39 percent to $16.2 million while the original computer backup business grew 20 percent to $16.4 million.

      It looks set to be overtaken by B2 Cloud storage revenues next quarter, but analyst Jason Ader reports: “The 17 percent growth rate expected in the fourth quarter is a sharp deceleration from the 29 percent rate reported in the third quarter, and primarily reflects a slowdown in the B2 Cloud business where growth is expected to drop below 25 percent due mainly to higher churn and a go-to-market reset.”

      CEO Gleb Budman said: “I’m excited that we have kicked off a go-to-market transformation and continue to build our upmarket momentum with two multi-year deals, each totaling approximately $1 million. We are also aggressively executing cost efficiencies throughout the organization to accelerate being adjusted free cash flow positive by Q4 2025.”

      Ader said about the sales reset: ”Under new CRO Jason Wakeam, Backblaze is in the process of overhauling its go-to-market strategy, which is focused on three major areas: 1) upskilling, … 2) prioritizing partners in the channel … and 3) aligning the sales and marketing teams on a core set of sales plays.

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Source: https://blocksandfiles.com/2024/11/08/storage-news-ticker-november-8-2024/