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Tuesday, August 16, 2016

'Armageddon' For Hyper-Convergence Startups In 2017, Says Top EMC Exec

#EMC VCE chief Chad Sakac is predicting “Armageddon” for startups in the crowded, fast-growing market for #hyperconvergence, saying many of them will fail or will be acquired in the next year or two. Sakac, president of Richardson, Texas-based #VCE, which officially has been called EMC’s Converged Platforms Division since earlier this year, told CRN that the hyper-convergence market is following a predictable boom-bust cycle that ultimately will mean the demise of startups that have come into the space too late and unprepared to compete with big-spending vendors like EMC.

http://m.crn.com/news/data-center/300081713/armageddon-for-hyper-convergence-startups-in-2017-says-top-emc-exec.htm?itc=hp_ots

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