Mr. Lecat says we don't need a stinking C-suite at Scality
Well, I know Paul Turner who was until recently the CMO at Scality. Prior to that, Paul was CMO at Cloudian. You will not find a more hands-on CMO than Paul. That said when his predecessor only lasted four months at Scality, it should have been a warning sign about the company's prospects.
It wasn't too long ago that Mr. Lecat was talking about a Scality IPO and then HPE invested $10M in Scality. Well, the IPO never happened probably because Scality has not broken through the $100M level in annual revenue. HPE got a good look at Scality for their $10M and apparently decided not to buy the company even though HPE has no object-based storage product to call its own. More recently, HPE cut a deal with Cloudian to sell Cloudian HyperStore in EMEA. Why would HPE do this after putting $10M into Scality? The easy answer is HPE was not closing deals with Scality in EMEA.
The C-suite headcount at Scality is likely being reduced because Scality is not closing the business deals it needs to support the number of employees on its payroll. Funding provides a runway for business development, but cash "burn" can shorten the runway if it is too high compared to the revenue being booked. Looks more like Scality has too low a revenue per employee number to continue in business without cutting headcount.
Biting the hand that feeds IT
