Last Week's News, By The Numbers
Submitted by CRN Staff on
How did last week's outage of Amazon Web Services' S3 service impact internet retailers? And how do last week's quarterly financial announcements by Nutanix and Palo Alto Networks impact their channel partners? Read about it here.
54 – Number of the top 100 internet retailers that were impacted by Tuesday's Amazon Web Services outage of its Simple Storage Service, or S3, according to Apica, a website testing, optimization and monitoring provider. Solution providers told CRN later in the week that the outage points to a need for more aggressive independent cloud design and architecture.
$182.2 million – Second fiscal quarter revenue for Nutanix, up 77 percent year over year. But it also reported a GAAP loss of $93.2 million, a significant plunge from a loss of $33.2 million in the same quarter last year. Nutanix said it's increasing its dependence on channel partners, and on vendor partners such as Dell EMC and Lenovo, as it continues to drive toward profitability in the hyper-converged infrastructure market.
$19 million – Capital raised last week by 2nd Watch, a Seattle-based cloud services provider that became an early superstar in the Amazon Web Services channel, as it seeks to ignite more growth. The funding round for the born-in-the-cloud MSP was led by Delta-v Capital and included earlier investors. With this latest infusion, 2nd Watch will invest in employees and technology that help the company cater to the booming demand among enterprises for extensive cloud migrations and ongoing services, CEO Doug Schneider told CRN.
749 – Number of active channel partners for operational intelligence software developer Splunk, which announced that it will expand channel operations, adding programs for professional services and MSP partners and upgrading the resources it offers reseller partners. The move comes as the company begins a fiscal year in which it expects, for the first time, to exceed $1 billion in sales. Partner bookings grew 60 percent year over year in fiscal 2017 (which ended Jan. 31), said Brooke Cunningham, area vice president of global partner programs and operations.
$60.6 million – Net loss in the most recent fiscal quarter for Palo Alto Networks, which said it's retooling its sales strategy for the rest of the year, though it says channel partners won't be impacted. CEO Mark McLaughlin said the company saw "weaker performance caused by go-to-market execution issues" in its second quarter, leading to sales of $422.6 million. Sales were up 26 percent year over year but came in more than $7 million short of Wall Street's expectations. The loss was larger than the $57.3 million the company lost in the same quarter last year.