Strategic Acquisition Inktank is now part of the Red Hat ecosystem, which enhances its credibility and product offerings in open source storage solutions, presenting opportunities to upsell integrated enterprise storage solutions.
Growing Market Presence With recent partnerships like Epson launching WiFi printers with InkTank technology, there is increased market traction for Inktank’s storage solutions within consumer electronics and enterprise printing markets.
Expanding Customer Base Given Inktank’s integration into Red Hat, the company can tap into Red Hat’s extensive enterprise customer network to cross-sell advanced storage and cloud solutions.
Range of Competitors Operating alongside major industry players such as Red Hat, IBM, and Dell EMC, Inktank has opportunities to differentiate its offerings and target niche segments requiring scalable storage.
Financial Growth Potential Although currently generating modest revenue under $10 million, Inktank's association with Red Hat and recent partnership activities position it for growth and further investment opportunities in enterprise storage markets.