Milpitas, CA. – February 25, 2020 – Cato Digital board of directors announces the appointment of Dean Nelson as interim CEO. Nelson, who joined the board in 2019, replaces Steve Houck. In addition, Peter Gross, industry veteran and fellow Cato board member, will succeed William Clough as Chairman of the Board. Mr. Clough will remain on the board as Vice Chairman.
“Cato has created a new market category with its Software Defined Power (SDP) architecture which significantly increases power utilization and resiliency for data centers.” said Rajeev Madhavan, founder of Clear Ventures, Cato board member and investor. “We look forward to leveraging Dean and Peter’s experience to help transition the company to its next phase of growth.”
Through his 30-year career including leading digital infrastructure teams at Sun Microsystems, eBay, PayPal, and Uber, Nelson has driven $10B in infrastructure projects across three continents. His extensive architecture, engineering and operations experience has produced numerous award-winning innovations in mission-critical facilities and compute environments. He also holds four U.S. patents.
“Dean is a visionary with an outstanding track record in growing companies and driving industry leading innovations,” said Peter Gross. “The Cato Software-Defined Power platform comes at the right time as data center facilities experience explosive growth and cost reduction challenges requiring a smarter way to provision, manage and utilize power. I’m pleased to continue William Clough’s excellent work as Chairman and support Dean and his team to advance Cato’s success.”
Bob Swan, Intel CEO, recently supported an IDC prediction that there will be 56 billion connected devices generating 175 zettabytes of data per year by 2025.
“There’s a data tsunami coming as the next two billion people come on-line and global users continue to generate and consume more data with the advent of 5G,” _commented Nelson. “_This will trigger unprecedented global data center growth. __Now is the time to __implement Software-Defined Power as data center efficiency will be at a premium and a defining factor in the success or failure of an operation. I’m excited to help Cato Digital provide this game changing software to unlock stranded power and dynamically manage capacity reducing costs and increasing resiliency for global data center operators.”
For more information on how Software-Defined Power and Intelligent Control of Energy (ICE) platform enables the future of decentralized power, visit: virtualpowersystems.com.