Ash Ashutosh: There’s more on the realty consumer side. This is more around what you do on your financial day-to-day mortgages but still in conjunction with the bank that I talked about. One mission was to make sure the customer of an enterprise had a good experience. The other one is to serve applications for
Sramana Mitra: Dell’s an OEM relationship? Ash Ashutosh: It’s a reseller/selling partner relationship. Their sellers can sell it and they get paid for it. They don’t rebrand the Actifio software. They rebrand the whole product. The last partnership is on the systems integrator side with TCS. Because it’s all about data and transformation, we needed
Sramana Mitra: You said you have 3,600 customers. If you think about the industry trend, you have modernized the use of data in enterprises quite significantly. What is the adoption level in your target market of your kind of technology? Is it early adopters? Is it early majority? Ash Ashutosh: We’re probably getting to the
Sramana Mitra: One of the things I’m hearing in your description is that there is the infrastructure layer of making this data available. Then there is an application layer to make use of that data. Is that a correct observation? Ash Ashutosh: Yes. In fact, there are three layers. One is the data virtualization layer,
We’ve covered Actifio when it was a much smaller company. Now approaching sustainable profitability and an IPO, the company has scaled heights. Here, we look at the trends in its space. Sramana Mitra: Let’s start by introducing our audience to Actifio. We have covered you before. We have the beginning story. It’s been awhile since
Sramana: What is the future of the fat startup situation. Of course the market is skewed towards lean startups. Good angels now want to invest in deals that have traction. Ash Ashutosh: If you get back to the essence of business and the ability to articulate return versus risk, there is a lot of money
Sramana: What did you position Actifio to be when it emerged as a company? Ash Ashutosh: There is a lot of data storage sold because people love to protect, share and analyze their data. People spend more data making copies of data and managing data than they do producing data. They spend 5 to 13
Sramana: The financing market has gone away from fat startups. Everybody wants deals with traction. If you have a company that requires significant amounts of money to prove validation, how do you get that to market? Ash Ashutosh: This is a pivotal issue to this day. It is the core of culture. I am a