By Dave Simpson
CreekPath Systems, a spin-off from Exabyte Corp., last month jumped into the crowded storage service provider (SSP) market. The launch came two weeks after the successful initial public offering of SSP pioneer StorageNetworks Inc. (SNI).
International Data Corp., a market research firm in Framingham, MA, expects the market for SSPs, or storage outsourcing, to grow from $140 million this year to about $5 billion in 2003.
CreekPath was started by 15 Exabyte employees (mostly from Exabyte's SAN management software group), and the company has grown to about 30 employees. Exabyte also contributed an undisclosed amount of funding, as well as intellectual property to the Boulder, CO-based startup.
CreekPath's game plan is to partner with Internet data centers (IDCs), with storage area networks (SANs) located at the IDC sites. The company is expected to announce within the next couple weeks its first two IDC partnerships. In some cases, customers will contract with the IDC; in other cases, directly with CreekPath. The first two sites will be in Denver and Minneapolis.
Unlike many other SSPs, CreekPath is straightforward with its pricing. The company offers three primary services: hard disk storage, tape backup, and tape-based archiving. Disk storage is priced at $25 per GB per month, and includes tape backup. The tape backup service, excluding primary disk storage, is priced at $2.50 per GB per month.
CreekPath does not have exclusive relationships with hardware/software vendors, but is currently depending primarily on RAID arrays from Seagate's Xiotech division, tape libraries from Exabyte, and software from Veritas (in addition to CreekPath's internally developed code.) For more information: www.creekpath.com
Related articles in :
"SSPs bring new service models," July, p. 1.
"Storage utilities show promise," May, p. 1.
"Storage utilities: The next disruptive technology," April, p. 52.
"SNI receives additional financing,"
March, p. 10.