Falconstor Aims to Be Apple’s Time Machine for the Enterprise [VIDEO]

Falconstor is a maker of backup and recovery solutions that wants to transform the way enterprises handle their data, as chief executive Jim McNeil explains during a recent interview with Wikibon’s Dave Vellante (see the full interview below).

In the last couple of years FalconStor has done a bit of recovery of its own. Founder and former CEO Reijane Huai got involved in a haunting investigation, which keeps rearing its head, even in the company’s most recent earnings report. But McNeil is anxious to move on, a goal he says will soon be realized, and Falcon’s fiscal performance indicates he has been making positive headway.  In 2011 the backup appliance maker beat Wall Street expectations, and is now sitting on a solid $30 million with no debt, according to its CEO.

More interesting, however, is what FalconStor and its management has in mind from a longer-term, competitive stand point. The company used to generate 50 percent of its revenue from OEM contracts with other vendors, and now this percentage is steadily shrinking as it’s striving towards a branded model. And the premise behind that is fairly unique.

McNeil’s point of view on data centers is that they simply cannot operate for a long duration without sufficient upgrades. And it’s up to hardware vendors to provide the tools needed for that operation, including the means to avoid shutting down a company’s IT infrastructure.  FalconStor is offering the technology to migrate data without shutting down the apps, and is bringing this concept to the next stage using existing industry knowledge and expertise.

About Maria Deutscher

Maria Deutscher is a staff writer for SiliconANGLE covering all things enterprise and fresh. Her work takes her from the bowels of the corporate network up to the great free ranges of the open-source ecosystem and back on a daily basis, with the occasional pit stop in the world of end-users. She is especially passionate about cloud computing and data analytics, although she also has a soft spot for stories that diverge from the beaten track to provide a more unique perspective on the complexities of the industry.