2017 Press Releases

February 17, 2017

Ai Holdings Corporation Makes US$10 Million Investment and Joint Forces with ProphetStor to Expand Business in Japan

ProphetStor has signed an exclusive distributor agreement with Ai Holdings Corporation, a Japan-based IT provider, to cooperate on product resale, and provide service and maintenance support of next-generation storage solutions to customers in Japan.

ProphetStor provides integrated multi-use storage systems while allowing the use of commodity servers, by making full use of current storage and application investments and taking advantage of the future storage investments comprising all-flash and big data environments. Its global patent portfolios create the next wave of SDS technology, bringing intelligence into the data centre and cloud infrastructure, and offering orchestration, analytic, prediction, and resource automation capabilities that improve the efficiency of managing data centres.

According to Eric Chen, CEO at ProphetStor, "Partnering with Ai Holdings adds a great depth and wider reach to our localization and business development efforts in Japan. Global expansion is important to us. With this excitement, we are jointly developing plans to build customer awareness and market momentum for rapid adoption of scalable storage and data services management for data centres customers."

Hideyoshi Sasaki, CEO at Ai Holdings Corporation said, "As a leading distributor, we see the level of activities and overall adoption rate of some of the latest Internet of Things (IoT) and Big Data technologies in Japan makes us very motivated to work with ProphetStor. With ProphetStor's industry-proven and differentiating technology solutions, we will enable Japanese companies to address high-performance needs that are both cost-effective and scalable.

Hideyoshi further noted, "Our investment of US$10 million in ProphetStor will further extend its reach in the Japanese market to industries where it's experiencing high growth, including financial services, manufacturing, retail and government, and brings closer to the heart of where big data solutions are gaining traction most quickly -- and Japan is one of those places."