Leading the 10Gig Wave. Jefferies 2013 Global Technology Conference May 7, 2013

Transcription

1 Leading the 10Gig Wave Jefferies 2013 Global Technology Conference May 7, 2013

2 Company Snapshot Market Leader in 10GE for Big Data & Enterprise Aquantia has shipped 2 Million 10GBASE-T ports Fabless semiconductor 100+ employees Total raised: $140M Acquired PLX/Teranetics assets in 9/12 Silicon Valley, CA St Petersburg, Russia Bangalore, India Best-in-class 10Gigabit Ethernet (10GBASE-T) 90nm, 65nm and 40nm (prod.), 28nm (dev.) May 7,

3 World-Class Executive Team Faraj Aalaei President & CEO Kamal Dalmia VP Sales & Mktg Phil Delansay VP Biz Dev Linda Reddick CFO Ramin Shirani VP Engineering Sreenivas Vaddi VP Operations May 7,

4 The Data Tsunami in Numbers With the move to mobility, video and the Cloud, global data traffic is increasing exponentially Mobile Data Traffic by Application Petabytes per Month 12,000 10,000 8,000 6,000 4,000 2,000 0 Petabytes per Month 12,000 10,000 8,000 6,000 4,000 2, Data File Sharing Video VoIP Gaming M2M 597 1,252 1,252 2,379 2,379 4,215 Mobile Data Traffic by Device 4,215 6,896 6,896 10,804 10,804 24% 48% Nonsmartphones Smartphones Laptops/Netbooks Tablets Home Gateways M2M Other Devices Source: Cisco Visual Networking Index: Global Mobile Data Traffic Forecast Update, 2012 and Sandvine Research,2012. (1) Monthly basic mobile phone data traffic. (2) Usage growth measured in MB per month usage growth per device. CAGR: 85.7% 76.3% 35.9% 90.0% 36.3% 65.4% CAGR: 128.5% 47.6% 118.5% Apps Driving Traffic High-End Devices Multiply Traffic Smartphone Handheld Gaming Console Tablet Mobile Phone Projector Laptop = Device Type 2010 (2) Usage Growth = = = = x 35 (1) x 60 (1) x 121 (1) x 300 (1) x 498 (1) (2) (2) Usage Growth Usage Growth Nonsmartphone E-reader Smartphone ,576 Portable Gaming Console ,056 Tablet ,223 Laptop & Netbook 1,460 2,131 6,942 M2M Module May 7,

5 The Access & Compute Bottleneck Access Layer 1 billion GE ports shipping every year Compute Layer 90% of all Cloud servers shipped with GE in 2012 GE GE GE GE connectivity quickly becoming insufficient GE source: Cisco VNI May 7,

6 10GbE Shipment Expected to Ramp Sharply With 10GE native on Romley servers, ecosystem infrastructure is now in place for rapid adoption 10GbE Switching & Controller Forecast (mm of units) E 2012E 2013E 2014E 2015E Source: Gartner and BofA Merrill Lynch. Major Trends Driving 10GbE Demand Data Explosion Internet traffic growth at over 30% CAGR More powerful data centers in support of online traffic Tremendous wireless data growth driven by mobile devices Processor virtualization creates I/O bottleneck in servers, fueling migration to 10GE OpenFlow/SDN further consolidates infrastructure, driving bandwidth demand Underlying Innovation Xeon E5 series processors pumping 20~40Gbit/s of bandwidth Intel Romley platform eases adoption of 10GbE 2x adoption rate of Nehalem May 7,

7 The 10GE Data Center is Changing In 2012, 90% of Rack Server Ports were GE! Next 5 years, applications and environment drive the need for 10GBASE-T 1 st Wave/Early Adopters High-frequency trading High-Performance Computing Latency sensitive Cost insensitive New installations Low volume 2 nd Wave/Massive Adoption General-purpose Computing Corporate Data Center Cost sensitive Diverse, existing environment Multi-vendor equipments High volume GE massiveadopters 10GE massiveadopters source: Dell Oro May 7,

8 10GBASE-T: History Repeating Itself LOM solution available for the 1 st time on Romley Intel launched the X540, world s only integrated MAC/PHY Brings all the known attributes of BASE-T that IT organizations have dealt with for past 40 years Ease-of-use of UTP and structured cabling Continuing cost and power reduction following Moore s Law And the result is, as expected 5M ports of 10GBASE-T in 2013, 40M in 2016 source: Crehan May 7,

9 10GBASE-T Ecosystem Large and Expanding 30+ SKUs = number of server platforms with 10GBASE-T released to date 95% = combined market share of switching OEMs that have a 10GBASE-T offering May 7,

10 Aquantia s Track Record WORLD S FIRST SINGLE-PORT PHY WORLD S FIRST DUAL-PORT PHY WORLD S FIRST DUAL-PORT MAC+PHY FOR LOM WORLD S FIRST QUAD-PORT PHY WORLD S MOST EFFICIENT RFI CANCELLATION May 7,

11 Market Opportunity Enterprise SMB SoHo $1.5B Data Center Cloud Comp. $500M 10G BASE-T May 7,

12 Ethernet Transitions Create Next-Gen Leaders By capitalizing on the transition to 10Gb Ethernet, Aquantia has the platform to become one of the next leaders in semiconductors 10Gb Ethernet 1Gb Ethernet 100Mb Ethernet 10Mb Ethernet May 7,

13 Summary Market transition to 10Gb Ethernet is now in full swing in Data Centers 10GBASE-T is the preferred and the fastest growing interconnect technology Ecosystem already well established with all major OEMs Aquantia is the 10GBASE-T market leader 2 million ports shipped to date, that s more than ALL competitors combined Technology expected to proliferate into adjacent markets (Enterprise, SMB, SoHo) Targeting the upgrade of the 1B ports of GE shipping every year Ethernet PHY historically a company-making market May 7,

14 THANK YOU!