Hyper-converged softie biz Atlantis axes staff
CEO says it's just business as usual
Hyper-converged software supplier Atlantis has cut its staff numbers.
Atlantis supplies software that started out using DRAM caching to accelerate virtual desktop instances in its ILIO product. This code evolved into its USX form to accelerate any kind of virtual machine. Then it was updated further into HyperScale, which powers all-flash hyper-converged infrastructure appliances. The software was developed once more to extend its applicability to remote and branch offices.
Founder, president and CEO Chetan Venkatesh told El Reg calendar 2015 had been a good year for his Mountain View-based biz: “It’s been a milestone year for me personally at Atlantis being back at the helm and taking the company towards a new and exciting direction.”
Last year, Atlantis – founded in 2006 – scored a record number of new customers, and a record number of customer orders that were over the million-dollar mark for the USX product. Venkatesh said there was rapid traction for HyperScale since its launch. These new products “are complementing our long-standing success in the workspace market with solutions such as VDI,” he said on Friday.
However, he added: “As we go into our new fiscal year, we have done some re-organisation to reflect the changes in our business and double down on areas that are seeing significant growth.”
We heard that 20 to 32 people had been let go. Venkatesh told us the re-org affected less than 10 per cent of Atlantis’ workforce, which is over 200. Venkatesh said: “We had hired 60 new people in the past few months. These changes are in the normal course of running our business which is well on its way to achieving profitability.”
When we suggested these were difficult times for the industry, he replied: “The writing is on the wall: 'growth at all costs' is not tenable, and the focus is on achieving profitability in the near term. Anyone who does that will find the ride much easier.” ®