Nyriad - IT Press Tour #50 June 2023

Transcript

1. Copyright 2023 Nyriad IT Press Tour Revolutionizing the Foundation of Storage June 2023 Nyriad® is a registered trademark of Nyriad, Inc in the United States, Canada, European Union, Australia, New Zealand, India, Japan, Singapore, and China and a trademark of Nyriad in other countries. UltraIO™ and the Nyriad logo are trademarks of Nyriad.
2. Copyright 2023 Nyriad 2 Agenda • Introductions • Nyriad’s Inspiration & Company Snapshot • Target Markets & Workloads • Storage Challenges and our Differentiation • Customers and Use Cases • The Nyriad UltraIOTM Storage System • Nyriad’s Go to Market Business Model
3. Copyright 2023 Nyriad Introductions 3 Derek Dicker Chief Executive Officer Derek has 25+ years of technology experience including senior executive roles with Intel, Integrated Device Technology, PMC-Sierra (acquired by Microsemi) and Micron Technology. Andrew Russell Chief Revenue Officer Andrew has 25+ years of sales leadership in strategic and operational roles, including 20+ years in the storage industry, with both global businesses and start-up companies such as Pure Storage and EMC2. Brian Cook Director of Systems Engineering Brian has 25+ years experience as an IT leader, Enterprise Architect, Solution Architect and Pre-sales technology leader for companies such as Pure Storage, EMC2, Rackspace, and others. Adam Roberts Field CTO & Head of Product Adam has 25+ years of engineering experience driving innovation & strategic direction for compute, storage, & cloud for global companies such as IBM, SanDisk, and Western Digital.
4. Copyright 2023 Nyriad Nyriad’s Inspiration Solving the World’s Most Extreme Data Storage Challenge 4 2015 Nyriad was formed in New Zealand to build GPU-accelerated technology, soon engaging with the Square Kilometer Array (SKA), the world’s largest radio telescope SKA represents an extreme data challenge • The data rate is high, the volume of data is huge • The system must never lose data • The system must be simple to use and not stop, slow down or require rapid repair • The system must be efficient, both technically and financially 2015-2020 Focus Research Can the challenge be met? If so, how? 2020 Requirements for a new breakthrough GPU-accelerated storage architecture • High, consistent, continuous performance at petabyte scale • Extreme data integrity and protection • Simple to use and non-disruptive to install • World-class cost structure Nyriad transitions focus to commercializing a new storage system built upon a revolutionary architecture 2020+ Focus Development Delivering the UltraIO™ Storage System
5. Copyright 2023 Nyriad Nyriad Company Snapshot 5 Committed “As lead investor, my investors and I are excited to support the company until a larger venture raise next year.” —Guy Haddleton Founder of Anaplan, now US Technology Investor based in New Zealand Corporate Headquarters Austin, Texas R&D New Zealand, India GTM Team USA Funding Raised Pre-Series B $63M Series B $12M+ ~60 Team Members Worldwide
6. Copyright 2023 Nyriad Our Mission To Revolutionize the Foundation of Storage To free brilliant minds to focus on solving difficult challenges the world faces today, from creating content that delights audiences to developing cures that save lives. Our Vision To empower innovators to enrich lives and advance humanity Customer Focus Integrity Innovation One Team Great Place to Work Excellence Our Values 6
7. Copyright 2023 Nyriad Target Markets & Workloads 7 HPC Backup & Recovery Media & Entertainment Active Archive PACS Medical Image Archives & Digital Dentistry Applications GPFS, BeeGFS & ZFS Active Tiers Warm Tiers & S3 Object Store Video Rendering & Post-production Workflows 8K HD Video Ingest & Streaming Video Surveillance Solutions E-Learning Platforms Backup as a Target Rapid Restore & Recovery Media Content Archive & Distribution
8. Copyright 2023 Nyriad Common Attributes Across Target Markets 8 • Consistent and high-performance requirements – workloads that are not often serviceable by the public cloud providers • Often large media / file formats, and often sequentially read and written • Many workloads in these environments benefit from concurrent operations • Downtime and performance degradation is highly disruptive to business operations • The resiliency of the storage is critical in support of the various applications • Architecting & operating solutions for these markets requires deep skills and expertise to deliver optimal functionality Active Archive High Performance Computing Media & Entertainment Backup & Recovery These Markets Require a Balance of Performance, Resiliency, Efficiency and Simplicity
9. Copyright 2023 Nyriad Challenges with Incumbent On-Prem Storage Systems Today Organizations make Compromises between 4 Key Attributes 9 Compromised Resiliency • Performance Degradation with Single Failure • Vulnerability to 2nd Drive Failure • Long Rebuild Times limit size of Drives • Data Protection Compromises – Different schemes are used across different platforms, all of which can be inefficient, expensive, CPU-intensive or not highly reliable Unpredictable Performance • Sensitivity to single-client vs. multi-client concurrent workloads • Selecting the wrong tier, protection schema, or node will limit performance Implementation & Ownership Complexity • Specialized skillsets are needed to configure and administer • Performance, resiliency, and efficiency come with added expenses • Vendor lock-in when the hardware and file system are tightly interlocked Architectural Inefficiencies • Scale-up platforms require large and expensive cache to hide the challenges of RAID • Scale-out platforms require complex networking to hide the challenges of RAIN • Capacity and performance can be stranded in the wrong place at the wrong time Architectural Inefficiencies Unpredictable Performance Compromised Resiliency Implementation & Ownership Complexity
10. Copyright 2023 Nyriad The Nyriad Difference No Compromise: Balancing the Key Attributes of Performance, Resilience, Efficiency and Simplicity 10 Uncompromised Resiliency • Patented block-level erasure coding leveraging the parallelism of GPUs to deliver cost-effective and efficient data protection • Real-time error checking and correction ensure every bit is as-written with no performance penalty Predictable Performance • UltraIO storage system provides consistent and high performance for target workloads • All capacity and performance is available to all servers without tiers or pools • 95% Optimal Performance maintained even through multiple drive failures Implementation & Ownership Simplified • Only 4 ports to connect to the network and achieve maximum system performance • Requires no specialized skillsets or training • Compelling TCO, customer-friendly acquisition models, low cost of operations • No proprietary file system- providing businesses with choices and no vendor lock-in Architected by Design Efficiently • Wide-striped erasure coding provides a very high ratio of usable capacity from raw, meaning fewer drives in less space can deliver more capacity and better performance • Power and space utilization that is significantly less than hybrid platforms and rivals all-flash platforms Predictable Performance Architected by Design Efficiently Uncompromised Resiliency Implementation & Ownership Simplified
11. Copyright 2023 Nyriad Simplicity | 3 Systems  1 System Three purpose-built storage appliances being used for rendering, post-production, and archive consolidated into a single Nyriad UltraIO™ Storage System Performance | Enabling New Levels of Productivity Digital Image was not only able to perform single projects in-line for the first time on raw video footage, they also can now also perform operations on multiple projects simultaneously from all their editing suites and rendering farms Resilience | 15 Months, No Missed Customer SLA’s Nyriad’s UltraIO storage system provides Digital Image with the confidence that they can deliver and meet tight customer deadlines with a high-quality product, without the concern of their storage infrastructure being a bottleneck Digital Image Transforming a Customer’s Business and Strengthening its Competitive Edge 11 Efficiency | 25% to 35% reduction in time to complete projects Nyriad’s UltraIO storage system provides Digital Image a single system for all workloads and workflows, and reduces the time to complete typical 7-10 days jobs by an average of 2.5 days Read the case study here We are now running significantly faster, and all our data is seamlessly integrated … the resulting workflow improvements are far more dependable than we could have ever expected. Our entire team has been highly satisfied with the solid performance of the UltraIO storage devices and newfound trust in great customer support relationships —David Hellie CEO, Digital Image
12. Copyright 2023 Nyriad Simplicity | Removed complexity from operations Nyriad’s UltraIO storage system has simplified the operational complexity and allowed TBN to focus on their business and create content, rather than waste time on slow and complex processes. Performance | Benefiting from dramatic increased capability TBN evaluated 9 different storage solutions for their broadcast post-production content creation workflows. The UltraIO Storage system was significantly faster than the 2nd closest system tested and the legacy storage system UltraIO replaced, allowing content to be created on time. Resilience | Every minute of downtime costs money Downtime on their incumbent storage system was impacting productivity. Nyriad’s UltraIO storage system was deemed the “most resilient” of all systems evaluated on premise at one of TBN’s facilities. Trinity Broadcasting Network Delivering Cutting-Edge Innovation for Content Creation 12 Efficiency | Reduced data center footprint and power usage Nyriad’s UltraIO storage system has provided TBN with more capacity; more performance; lower energy-consumption in a smaller footprint – resulting in reduced business costs. Read the press release here “Our previous tiered storage approach was complex, and the creative team indicated that many of the processes associated with it were too slow and wasted time” “Together, we determined that first, the new storage solution must deliver the necessary performance for concurrent workflows and multiple editing bays. Second, resilience was crucial, as every minute of downtime costs money. Third, the system had to be able to withstand a multitude of system stressors and provide a stable experience, even during power fluctuations or outages." “Bottom-line, TBN needed a storage infrastructure that could handle the demands of a high-volume editorial and media asset management environment, including live recordings for an Edit-While-Capture workflow, staging finished assets, and supporting post-processing tasks.” - Larry Haley, Senior Vice President of Engineering, TBN
13. Copyright 2023 Nyriad Simplicity | A single system to manage, freeing up resources With only 4 network connections, and a simple to use management GUI, the UltraIO Storage system has simplified operational complexity, reduced risk & cost. and ultimately allowed resources to focus on more strategic initiatives, rather than the day-to-day task of managing multiple complex systems. Performance | Exceeding expectations on demanding workloads The University tested multiple different workloads simultaneously: Video Surveillance, Medical Imaging, e-Learning, among others. A single UltraIO Storage System handled all workloads seamlessly, with more headroom to go. Resilience | Increased availability for business-critical data The UltraIO storage systems provide the University with the ability to select the number of simultaneous drives that can fail before the need arises to deploy resources for drive replacement. Top-10 US University with Research & Teaching Hospital Delivering Operational Simplicity & Efficiency through Consolidation 13 Efficiency | Reduced data center storage footprint Nyriad’s UltraIO storage system has replaced multiple “point” storage systems within the University’s data center, freeing up significant space to allow for additional infrastructure resources to be deployed. Problem Various schools within the University selected applications and associated storage that IT was required to manage; consequently, the IT organization embarked upon on a mission to simplify their infrastructure while maintaining compliance. Unmet Need The University needed a storage solution that could: • Consolidate multiple “point” storage solutions • Handle different application & data types (block & file) • Deliver consistent performance across multiple apps • Reduce Operational Complexity • Simplify storage management Solution Two UltraIO Storage Systems
14. Copyright 2023 Nyriad Nyriad Technical Executive Team 14 Dr. Stuart Inglis Chief Technology Officer Stuart has 25+ years of experience in IT architecture and software development. He is also lead investor in numerous New Zealand tech companies. Rob Hocking Chief Information Officer Rob has 20+ years of experience in operational IT management roles, leading operations teams and datacenters with companies such as Samsung, Fonterra, and Spark. Peter Boyle Chief Development Officer Peter has 20+ years of experience in software engineering, architecture and strategy. He has designed and delivered high performance systems with companies such as PricewaterhouseCoopers, OpenBet (acquired multiple times), and LIC.
15. Copyright 2023 Nyriad Integrity Every block is hashed on write, checked on read, and rebuilt if there is an error, dynamically ensuring full integrity Performance Sustained 20GB/s of read and write performance on mixed workloads without requiring complex tuning Efficiency High efficiency in multiple dimensions - simple administration, high useable storage ratio (up to 92%), low Total Cost of Ownership Capacity 3.6 Petabyte (PB) raw capacity from each 204-drive array using large hard drives – growing as drive capacities increase 15 UltraIO™ Storage System Revolutionizing the Foundation of Storage Powered by Innovation Software Defined GPU Accelerated Patented Architecture Copyright 2023 Nyriad Resilience By making each block individually resilient (up to 20 parity) the system can operate without rushed intervention for repair and individual blocks can be rebuilt as needed without rebuilding a complete drive
16. Copyright 2023 Nyriad Nyriad UltraIO Storage System Resilient Efficiency 16 • Simplified Storage Management • RESTful API, GUI, CLI • Unique CPU/GPU Block Erasure Code Architecture • Additional Checksum with real time rebuild • Intelligent Data Placement • Dual HA Controllers • Up To 20 GB/s throughput • 4 x 100Gbps network interfaces • Supports iSCSI, RoCE, InfiniBand Dual 18TB Storage Enclosure2 Dual 12TB Storage Enclosure2 Single 18TB Storage Enclosure1 Single 12TB Storage Enclosure1 3.66 PB 2.44 PB 1.83 PB 1.22 PB Raw Capacity 3.25 PB 2.16 PB 1.62 PB 1.08 PB Usable Capacity 97:5(P)1 194:10(P)2 2.88 PB 1.92 PB 1.44PB 960TB Usable Capacity 92:10(P)1 184:20(P)2 Up to ~92% Overall Efficiency H1012 H1018 H2012 H2018 User Interface • Health Monitoring • Alerting • Management • Metering • Initialization
17. Copyright 2023 Nyriad Combined Processor Architecture GPU Accelerated Storage - The Right Processor for the Job 17 GPUs Control Core Core Core Core Cache DRAM • Higher Compute Density • More Computations per Memory Access • Optimized for Parallel Operations • Deeper Pipelines DRAM Cores Best for Read I/Os Separate data paths for reads and writes can reduce or eliminate read/write conflicts CPUs Best for Erasure Coded Write I/Os
18. Copyright 2023 Nyriad The Environmental Advantage of UltraIO™ Use of Most Advanced & Most Efficient Drives Delivers Carbon Footprint Advantage 18 RAID-based HDD solutions: Low-capacity drives (e.g., 8TB) are used to reduce long rebuilds TB 8 8.2 watts 8.2 watts TB 8 7.3 watts TB 18 More Capacity More Capacity 50% Fewer Drives 60% Less Power per TB 1 HA Controller with15 x 8TB Drives and 2 x 3.2TB SSDs, 6 Expansion Nodes with 15 x 8TB Drives each 2 HA Controller and 2 Enclosures with 102 x 18TB Drives per Enclosure Source: Nyriad analysis, August 2022. Datapoints for “C02 Produced Annually” were calculated based on publicly available power specifications for both systems, and assumed an average 1.054 pounds of CO2 produced per every Kilowatt-hour (kW-h) of electricity consumed UltraIO™ Storage2 OEM Competitor1 2.88 PB 2.88 PB Usable Capacity 34 Tons 92 Tons CO2 Produced Annually 63% CO2 Same Capacity with Less Footprint
19. Copyright 2023 Nyriad Our Go To Market (GTM) Leadership Team 19 Brian Cook Director of Systems Engineering Brian has 25+ years experience as an IT leader, Enterprise architect, sales engineer, solution architect, and sales leader presenting Pure Storage, EMC, Rackspace, and others. Adam Roberts Field CTO & Head of Product Adam has 25+ years’ engineering experience driving innovation and strategic directions for compute, storage, and the cloud for g lobal technology companies such as IBM, SanDisk, and Western Digital. LaLe Ozbey Head of Channel LaLe has 20+ years of solution sales at HPE and EMC2, business development, and channel partnerships at Dell and Cisco, including 7 years focused specifically on vendor channel partner development.. Stacy Carp Sr Director of Marketing Stacy has 20+ years of experience as a marketing leader, strategist and growth driver for category-leading technology companies including SAP, Tableau, BlackLine Systems, and SS&C Blue Prism. David Selle Head of Technology Partnerships & Alliances David has 25+ years experience as a business development and product leader across online media, gaming and technology companies. Shelly Roberts Director of Sales Shelly has 25+ years experience as a sales leader in technology including 10+ in media and entertainment representing Dell EMC, VMware, and World Wide Technology.
20. Copyright 2023 Nyriad Nyriad’s Partner Strategy 100% Channel Partner Model & Ecosystem of Value-Added Technology Solution Partners 20 Partner Recognition Solutions Partners Reseller Channel Partners Financial Partners Technology Partners Distribution Partners
21. Copyright 2023 Nyriad Storage as a Service Capital Acquisition Finance Options Nyriad’s Go to Market Business Model Flexible Consumption Options Aligned to How Customers Want to Acquire Storage 21 Purchase via approved value-added reseller Leasing and Flexible payment terms – offered via channel partners and our finance partners Flexible subscription/consumption model provided via our reseller partners to end customers
22. Copyright 2023 Nyriad Why Nyriad? 22 • An intense focus on serving four multi-billion-dollar, fast-growing markets where our differentiation is clear • We deliver to our customers a compelling business model in collaboration with our partners • A revolutionary product designed to deliver exceptional performance, resilience, and efficiency • A set of world-class Solution Partners that together, bring uniquely-differentiated solutions to solve complex challenges and drive customer’s business outcomes • An experienced executive team with 150+ years of collective hyper-growth technology experience • A very supportive group of Investors who have provided Nyriad with funding to grow sales Product Markets Company
23. Copyright 2023 Nyriad Thank You www.Nyriad.io press@nyriad.io info@nyriad.io