Pete Malcolm
| Pete Malcolm | |
|---|---|
 Pete Malcolm in 2010 |
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| Born | 1963 Devon, England |
| Nationality | British |
| Occupation | Serial Entrepreneur |
| Known for | Cloud Computing, Open File Backup, Data Loss Prevention |
Peter Bryan "Pete" Malcolm (born 1963) is a British serial entrepreneur and technologist, currently CEO of Cloud software company Abiquo. He was previously founder and CTO of Orchestria Corporation, and is the inventor of several important and widely used techniques in the computer industry, including Open File Backup[1] and Data Loss Prevention (aka Active Policy Management).
Malcolm was described as a “beacon of light amid the murky fog surrounding Cloud Computing” by Cloud Computing Journal.[2] In May 2011 he was named "Entrepreneur of the Year"[3] during the Interop Expo and Conference in Las Vegas, NV.
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[edit] Business
Abiquo (2009–present)
Abiquo is a leading developer of Enterprise Cloud Management software, headquartered in Redwood City, California, with operations in the United Kingdom and Research and Development in Barcelona, Spain. Malcolm’s appointment as Abiquo CEO was announced in February 2010[4] when the company simultaneously announced it had raised €1.5 million ($2M) in Series A funding. In April 2010, Abiquo was relaunched as the Platinum sponsor of the Cloud Computing Expo in New York. In his keynote presentation Malcolm showed the live conversion of a virtual machine running on VMware to Microsoft's Hyper-V platform to rapturous applause[5] from the 2,000 strong audience. In November 2010, Abiquo announced a further $10M in funding[6] led by Balderton Capital (Benchmark Europe), and appointed former Business Objects founder and CEO Bernard Liautaud to its Board. Abiquo has won numerous computer industry awards,[7] and in April 2011 was named a "2011 Cool Vendor in Cloud Computing"[8] by leading industry analyst Gartner. In May 2011, Abiquo was rated highest among the "pure play vendors", in a Market Report on private cloud[9] by leading industry analyst Forrester Research.
Orchestria Corporation (2000–2009)
Founded by Malcolm in 2000, Orchestria was an early pioneer in what became known as the Data Loss Prevention (DLP) market. DLP solutions monitor Internet communications, typically for corporate customers, detecting and/or preventing accidental or unauthorized disclosure of sensitive or valuable data in email, instant messaging and Web activity. The bursting of the dot-com bubble hampered early progress, but Orchestria found a niche in the financial services industry, particularly as a result of the activities of New York State Attorney General Eliot Spitzer, which resulted in many high-profile banks being fined for the unlawful activity of their employees, often in email messages.[10] Most notably, the Global Settlement of 2003 required ten of the largest institutions on Wall Street to implement a Chinese Wall between their research and investment banking operations, for which Orchestria provided a unique solution.[citation needed]
In 2004, Malcolm hired Bo Manning (formerly CEO of Nasdaq listed Pivotal Corporation, makers of Pivotal CRM), and between them they grew the company into a multi-million dollar success story. In 2007, Orchestria was named one of the top three fastest growing technology companies[11] by Deloitte.
By 2008, Orchestria had over 150 employees and claimed revenues of US $27M.[12] Marquee customers included Citigroup, Merrill Lynch, Bear Stearns, Goldman Sachs and Bloomberg. The company claimed that its software monitored more than 100 million electronic actions a day.[13]
Orchestria was acquired by CA, Inc. in January 2009 for an undisclosed sum.[14] Malcolm continued with the company for a further six months before leaving in July 2009.
Benchmark Capital (2000–2001)
Well known as one of Silicon Valley’s most successful Venture Capital firms,[citation needed] notable Benchmark Capital investments included eBay, Ariba, Juniper Networks, Red Hat and Twitter. At the height of its fame in 2000, the firm expanded into Europe, raising a new $750 million fund,[15] considered[by whom?] impressively large for the time.
Malcolm become Benchmark Europe’s first Entrepreneur In Residence, a position he held until mid-2001 following Benchmark’s investment in Orchestria.
Computer Associates International (1996–2000)
In 1996, Computer Associates (now CA, Inc.) was the world’s third largest software company after Microsoft and Oracle. Malcolm joined the company as a result of its acquisition of Cheyenne Software in 1997, and relocated to work in its New York headquarters in 1998. In 1999 he was appointed Senior Vice President, responsible for the company's storage software business. Malcolm left CA in 2000 to join Benchmark Capital.
IQ International (1989–1996)
Founded by Malcolm in 1989, IQ International was the company responsible for the technique known in the data storage industry as Open File Backup, a means of allowing "snapshot" copies of data files to be captured by a backup product while they are open and in use by the application that owns them. The problem is significant, since backups taken while a file is in use carry a high risk of data corruption. The techniques patented [16] by Malcolm are now widely employed across the computer industry, for example as the Volume Shadow Copy Service in the Microsoft Windows Operating System.[citation needed]
IQ International’s product Open File Manager was initially sold exclusively by St. Bernard Software, a San Diego-based company, which emerged from the ashes of storage vendor Emerald Systems Corporation.[17] The product was highly praised [18] and sold well until 1996 when IQ International was acquired by Cheyenne Software, effectively pulling the rug from beneath St Bernard’s feet. Cheyenne, and later, CA continued to sell the product in large numbers. Still selling nearly 15 years after its first introduction, today it is known as the Open File Agent.[19]
The ability to back up open files has subsequently become an essential feature of any backup solution, and is available from virtually every backup vendor. All are understood to be based on the techniques originally invented by Malcolm.[citation needed]
[edit] Patents
Malcolm has been a prolific inventor in the area of software. Searches reveal at least 100 granted and pending applications, including the following granted patents in the US and European patent offices:
- US 5086502 “Method of operating a data processing system”
- US 5546534 “Method of operating a computer system”
- US 5617566 “File portion logging and archiving by means of an auxiliary database”
- US 5675725 “Computer backup system operable with open files”
- US 5684991 “Modification metadata set, abstracted from database write requests”
- US 5701463 “Method of replacing the identity of a file with another as part of a file open request in a computer system”
- US 7333956 “Information Management System”
- EP 0710375 “File backup system”
- EP 0733235 “Incremental backup system”
- EP 0779999 “Method of operating a computer system”
- EP 0797805 “Storage of computer data”
- EP 0815512 ”Computer backup system operable with open files”
- EP 0880096 “File backup system”
- EP 0921467 ”Computer backup system operable with open files”
- EP 1360623 “An information management system”
- EP 1378847 “An information management system”
- EP 1369802 “An information management system”
- EP 1372100 “An information management system”
- EP 1369800 “An information management system”
- EP 1365340 “An information management system”
- EP 1376436 “An information management system”
- EP 1369801 “An information management system”
- EP 1376435 “An information management system”
[edit] Other Interests
Malcolm is a non-executive director of Clearpace Software and a governor of The Cheltenham Ladies’ College, one of the World’s most famous private schools.
[edit] Private life
Malcolm is married with four children, and lives in San Francisco, California and the County of Devon in England.
[edit] References
- ^ See Backup software (Section Access to open files), File locking, Snapshot (computer storage)
- ^ Cloud Computing Journal " Abiquo CEO to Keynote and Cloud Expo Europe" May 31, 2010
- ^ TMC News “Abiquo CEO Pete Malcolm Named Entrepreneur of the Year” May 12, 2011
- ^ Abiquo Press Release “Abiquo closes €1.5M Series A funding and appoints Pete Malcolm as CEO” Feb 17, 2010
- ^ Cloud Computing Journal [1] June 1, 2010
- ^ Abiquo Press Release [2] Nov 30, 2010
- ^ Abiquo Web site Awards Various dates
- ^ SPI Technology News [3] April 12, 2011
- ^ Cloud Computing Journal [4] May 19, 2011
- ^ USA Today “Merrill analyst pitched stock he called ‘junk’" April 15, 2002
- ^ Deloitte Press Release “ Orchestria Ranks in Top 3 in Deloitte's Technology Fast 50” Sept 27, 2007
- ^ 451 Group Report "CA swoops in on Orchestria" Jan 6, 2009
- ^ Orchestria Press Release “Orchestria selected by SunTrust” Nov 4, 2008
- ^ CA Press Release “CA to Acquire Orchestria” Jan 5, 2009
- ^ Light Reading “Benchmark closes $750M European fund” May 25, 2000
- ^ US Patent 5675725 “Computer backup system operable with open files” Priority March 23, 1995
- ^ Emerald Systems Press Release “Emerald Systems and IQ International provide open file solution” March 10, 1995
- ^ Case Study “Dorner Manufacturing Corporation Saves Time, Money and Data”
- ^ CA Solution Brief "How can I help my growing organization better protect its critical business data?" Nov 11, 2008
